Square Inc to sublease part of its San Francisco headquarters

San Francisco

SQUARE Inc is putting part of its San Francisco headquarters space on the market, joining a growing number of technology companies subleasing offices in the city after planning for future expansion.

Square, the mobile payments company co-founded by Twitter Inc chairman Jack Dorsey, is offering for sublease 50,000 square feet (4,600 square meters) on two floors at 1455 Market Street, according to brokerage Savills Studley Inc. In the same building, Rocket Fuel Inc put 50,000 sq ft on the market earlier this year.