San Francisco home to Dropbox sold for $1.08 bn

San Francisco (AFP) – The San Francisco building that file hosting service Dropbox leases as its headquarters is being sold for a whopping $1.08 billion, its owners said on Monday. The price per square-foot (square-meter) for the building sale was a new high in the San Francisco commercial real estate market, according to its owner, Kilroy Realty Corporation. “This is a resounding sign that people are still excited to be a part of San Francisco and its future,” San Francisco mayor London Breed said in a release. Dropbox, which provides data storage and other services hosted in the internet clo…

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