Tuesday 4 September 2018

Facebook continues to bet on California real estate

Facebook recorded the biggest one-day drop in its stock value in July, but it has not slowed down its real estate purchases. The social media giant opened its new 525,200-square-foot office in Menlo Park last week and has big plans to further expand in the Bay Area, according to Bloomberg. Those plans include leasing over 1 million square feet in San Francisco, including the entirety of John Buck Company’s 43-story Park Tower at Transbay. It […]



source https://therealdeal.com/la/2018/09/04/facebook-opens-mega-menlo-park-office-amid-major-expansion/#new_tab

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