SmartLabs Will Close Bay Area Locations In West Coast Pullback

SmartLabs will close its two Bay Area labs and coworking spaces as part of a broader pullback from the West Coast, the San Francisco Business Times reported. 
The company will focus on East Coast markets “where the company can bring the greatest strategic value based on current market dynamics,” SmartLabs said in a statement.
SmartLabs will vacate two locations, including the Tower Place site in South San Francisco and another site at Gateway Boulevard that was never operational, the Business Times reported.
SmartLabs will vacate 200K SF in its exit from the Bay Area market, per the Business Times.
The Boston-based company offers research and development…
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