PG&E announced Monday that it has agreed to sale terms for its San Francisco headquarters, opting to move to the edge of Lake Merritt in Oakland.

PG&E agreed to sell its headquarters complex, including 77 Beale St. and 245 Market St., for $800 million to Delaware-based Hines Atlas US LP. The utility has been headquartered in San Francisco for more than a century.

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Eli covers public health, transportation and state politics for the Bay City News Foundation, serves as the main editor of the Public Health and COVID-19 Information Hub and assists with Local News Matters' social media strategy. He has also previously covered local politics in San Diego County as well as college and professional sports across the Bay Area.