California Healthline Daily Edition

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Blue Shield Of California To Move Headquarters From San Francisco To Oakland

The relocation, expected to take place in 2019, will move the nonprofit insurer's 1,200 employees.

East Bay Times: Oakland Lands Blue Shield Headquarters And 1,200 Workers
Blue Shield of California has agreed to move its headquarters and 1,200 workers to Oakland, the nonprofit health plan said Wednesday, a move that will help it escape fast-rising office rents at its current location in San Francisco. Blue Shield’s move represents the largest relocation of an office tenant from San Francisco to Oakland in at least 30 years. The health care company will move to the City Center complex in downtown Oakland. (Avalos, 3/8)

San Francisco Business Times: Blue Shield To Move Headquarters From San Francisco To Oakland With Massive Lease
Blue Shield has signed a 200,000-square-foot lease to occupy a tower in downtown Oakland that has been stalled for nearly a decade, one of the biggest office leases in the city's history. The company said it would relocate 1,200 employees from its current headquarters in San Francisco to Shorenstein Properties and MetLife Inc. (NYSE: MET)'s 601 City Center. The approved tower has been stalled since 2008, when work started and then ceased amid the recession. (Li, 3/8)

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