Summary
Big pharma giant Pfizer is ditching South San Francisco, leaving a huge amount of lab space empty. This could mean major rent breaks for other companies looking to set up shop. We're also looking into whether the savings at Costco gas are worth the trip.
At a glance
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Impact analysis
Companies could snag some serious deals on rent now that Pfizer's out, but it might mean less tax money for the city in the short term.
Any company looking for lab space in the Bay Area could score a bargain, and maybe you'll save a few bucks on gas if you live close to Costco.
The city might lose out on some tax revenue from Pfizer's operations, and if you drive far for Costco gas, you might not actually be saving money.
Mentions & discussions (1)
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