Facebook Moving to Stanford Research Park Office Space
August 18, 2008
Facebook is reported to be moving into Stanford Research Park early next year. The company will be moving to a 137,000 square foot building located at 1601 California Avenue previously occupied by Hewlett Packard (HPQ: 31.83 -3.63%). The company will likely continue to occupy some of the space it occupies across its dozen or so downtown sites.
Facebook is estimated to end the year with a headcount of 1,000. That would imply a roughly 150,000-200,000 square feet footprint. Beyond 2009, Facebook will likely look to acquire additional space nearby if it can find it, or possibly build a campus in the same way VMWare did when it needed space in Palo Alto.
A flyer for the property Facebook has leased is here:
Similar Posts:
- Google Puts 225,000 Square Feet of Palo Alto Office Space on the Market for Sublease… Again
- Facebook Looking to Leave Downtown Palo Alto
- Microsoft Bids For Yahoo; Facebook Numbers Leaked
- Hewlett Packard Reducing Real Estate Footprint by 25% in Cupertino and Palo Alto
- Palo Alto Mandates Green Building for Commercial Construction
Tags: 1601 California Avenue, Facebook, Hewlett Packard, Palo Alto, Stanford Research Park


No comments yet.