Former WeWork office building in San Francisco sees value slashed by about 66%

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Former WeWork office building in San Francisco sees value slashed by about 66%
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A new appraisal on 25 Taylor Street, a converted office building in San Francisco's theater district that was once a WeWork, cuts its value by about 66%,...

A former San Francisco WeWork building has seen its property value slashed by about 66%, according to Trepp.

The building at 25 Taylor Street, a revamped multi-floor brick space in San Francisco’s theater district, was once almost entirely leased to WeWork, the formerly highflying co-working startup co-founded by Adam Neumann. Related: As Twitter rethinks its San Francisco footprint, a bigger $9 billion question hangs over the city’s office market

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