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Chevron sells its California headquarters amid office downsizing, Texas expansion

Summary by Ground News
Chevron sold its 92-acre global headquarters in San Ramon to Sunset Development on Wednesday. Chevron also leased 400,000 square feet of office space from Sunset at a nearby property, which will serve as the oil giant's new headquarters. Chevron's rival Exxon Mobil said in January it would move its headquarters from Irving to Houston.

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MarketWatch broke the news in United States on Wednesday, September 28, 2022.
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