The Impact of COVID-19

Current Square Footage of Office Tenants Impacted Tenant Requirements | April 2020

2,198,091 Health Services, 1% Other, 2%

Office Employees Affected Business Services, 2%

Legal Services, 3%

11,601 Professional Services 3%

Education, 5% Tenants who placed space on the sublease market since March 15: Technology, Real Estate, 7% 55%

Consumer Products/Services, 8%

Financial Services, 9%

Company Layoffs Tracker Note - Layoffs are company-wide and may not be San Francisco Layoffs Source: Colliers Research, SF Business Times, EDD WARN Filings, layoffs.fyi/tracker/ | Since March 15th *the company list below lists layoffs of >80 people

No. Of No. Of Company Employees Layoff/Closure Company Employees Layoff/Closure Yelp 2,100 SFS 39, Inc. 175 Layoff Temporary BON APPETIT Management Company 1,507 Layoff Temporary SFS 39, Inc. dba Crab House, Francsican and The Dead Fish 175 Closure Temporary 1,200 Layoff Temporary AdRoll 174 WeWork 1,000 Spa Havens, LP dba Cal-a-Vie Health Spa 166 Layoff Temporary Lyft 982 Le Meridien San Francisco 164 Layoff Temporary Hilton Hotel Employer LLC, dba Hilton San Francisco Union 923 Layoff Temporary Saks Fifth Avenue 163 Layoff Temporary Square Carta 161 TripAdvisor 900 Wyndham Vacation Ownership 160 Layoff Temporary Macy's 831 Closure Permanent TR Mission Management LLC 159 Closure Temporary Marriott Hotel Services inc, dba San Francisco Marriott 808 Layoff Temporary Houzz 155 Marquis Bon Appetit Management Company 152 Layoff Temporary Kyo-Ya Ohana, LLC, DBA The Palace Hotel 774 Layoff Temporary Getaround 150 Back of the House, Inc 743 Layoff Temporary Minted 147 Opendoor 600 Hyatt Centric Fisherman's Wharf San Francisco 143 Layoff Temporary Swissport USA, Inc. 485 Layoff Temporary Abercrombie & Fitch HCo. 140 Closure Temporary CorePower Yoga, LLC dba CorePower Yoga 473 Layoff Temporary Academy of Art University 132 Layoff Temporary Hyatt Regency San Francisco 469 Layoff Unknown Crestline Hotels & Resorts dba Marriott Fisherman's Wharf 130 Layoff Temporary Lending Club 460 Airport Management Services and Hudson Group 128 Layoff Temporary Eventbrite 450 Four Seasons SF II Employment Inc. DBA Four Seasons Hotel 126 Layoff Temporary Sonder USA, Inc. 400 San Francisco at Embarcadero 391 Layoff Temporary Marines' Memorial Association & Foundation 126 Layoff Temporary KeepTruckin 349 Boulevard Restaurant 125 Layoff Temporary Grand Hyatt San Francisco 347 Closure Temporary H&M Hennes & Mauritz LP 125 Layoff Temporary Avis Budget Car Rental, LLC 344 Layoff Temporary Highgate Hotels, L.P., dba Stanford Court San Francisco 125 Layoff Temporary Sheraton Operating Corporation dba The St. Regis San 330 Layoff Temporary Lyric Hospitality, Inc. 125 Layoff Permanent Francisco Lyric Hospitality, Inc. 125 Neiman Marcus - San Francisco Store 328 Layoff Temporary LM San Francisco LLC aka La Mar Cebicheria Peruana 124 Layoff Temporary The Ritz-Carlton Company LLC. 317 Layoff Temporary Zoox 120 Sojern 300 Alioto Fish Co,Ltd. 117 Layoff Temporary Stubhub 300 Ne Timeas Restaurant Group, Inc. 117 Layoff Permanent Everlane 290 Clint Reilly Organization 116 Layoff Temporary Prospect International Airport Services Corp. 285 Layoff Temporary RHP, Inc. dba Got Light 111 Layoff Temporary Hilton San Francisco Financial District 274 Layoff Temporary Joe's Union LP 110 Layoff Permanent Parc 55 San Francisco - A Hilton Hotel 273 Layoff Temporary Lever 109 The Cheesecake Factory Incorporated 261 Layoff Temporary Turo 108 Automation Anywhere 260 BEI San Francisco 106 Layoff Temporary Thumbtack 250 Hakkasan Holdings, LLC 106 Layoff Temporary InterContinental San Francisco 244 Layoff Unknown at Tartine Partners LLC 103 Layoff Temporary this time Invitae Corporation 101 Layoff Permanent Golden Gate National Parks Conservancy 243 Closure Unknown at Metromile 100 this time Scoop 100 TheRealReal 235 Pac-12 Enterprises, dba Pac-12 Networks 98 Layoff Temporary Jewish Community Center of San Francisco 231 Closure Temporary VHG Fourth Street SF LLC, dba Hotel Zelos San Francisco 98 Layoff Temporary The Park Central San Francisco 230 Layoff Temporary Keep Truckin, Inc. 96 Layoff Permanent Duty Free North America - San Francisco International Airport 220 Closure Temporary American Eagle Outfitters, Inc. 94 Closure Temporary Lucky Business Services, Inc. 220 Layoff Temporary Newfront Insurance Inc 94 Layoff Temporary Hotel RIU Plaza Fisherman’s Wharf 209 Closure Temporary Burke Williams Inc. 93 Closure Temporary Fairmont San Francisco 208 Layoff Temporary HOTEL KABUKI 93 Layoff Temporary Knotel 200 Cucagna, LTD. dba Zuni Cafe 91 Layoff Temporary PrimeFlight Aviation Services, Inc. 198 Layoff Unknown Handlery Hotels Inc, dba Handlery Union Square Hotel 91 Closure Temporary The Clift Royal Sonesta Hotel 197 Layoff Temporary Atrium LTS 90 MG Restaurants, Inc. 196 Closure Temporary Zara USA Inc 90 Closure Temporary Marriott International Inc. dba JW Marriott San Francisco Union 192 Layoff Temporary Real Estate Equity Exchange Inc - Unison 89 Layoff Permanent Square Unison 89 Lime 190 One Market Restaurant 87 Closure Temporary Equinox 186 Layoff Temporary Zenefits 87 Marriott International, Inc. dba San Francisco Marriott Union 186 Layoff Temporary La Petite Baleen Inc, dba La Petite Baleen 86 Closure Permanent Square Martin Yan Noodles, LLC dba M.Y. China 83 Closure Temporary Highgate Hotels, L.P. dba Huntington Hotel 184 Layoff Temporary Rumble Fitness, LLC 83 Layoff Temporary The Slanted Door, Inc. 184 Layoff Permanent Deem Sum Inc. DBA Yank Sing 82 Layoff Temporary This document has been prepared by Colliers International for advertising and general information only. Colliers International makes no guarantees, representations or warranties of any kind, expressed or implied, regarding the information including, but not limited to, warranties of content, accuracy and reliability. Any interested party should undertake their own inquiries as to the accuracy of the information. Colliers International excludes unequivocally all inferred or implied terms, conditions and warranties arising out of this document and excludes all liability for loss and damages arising there from. This publication is the copyrighted property of Colliers International and/or its licensor(s). ©2020. All rights reserved.