File hosting company Dropbox Inc. signed the largest office lease in San Francisco history, taking all 736,000 square feet of the Exchange in Mission Bay.
Dropbox’s 15-year lease surpasses Salesforce.com Inc. (NYSE: CRM)’s 2014 deal for 714,000 square feet at Salesforce Tower, previously the city’s largest. It follows recent six-figure leases from tech giants Facebook Inc. (NASDAQ: FB), Amazon.com Inc. (NASDAQ: AMZN) and Alphabet Inc. (NYSE: GOOG)’s GoogleInc. In the past year, deals from mature tech companies rather than startups have accounted for the bulk of major office deals.
