Facebook to Expand in San Francisco
"Facebook Inc. signed San Francisco's largest office lease in three years, taking the entire office portion of 181 Fremont in another blockbuster deal in the city," reports Roaldn Li.
The lease will take up 436,000 square feet of the new building, which is expected to open by the end of the year. That space is expected to hold 2,000 to 3,000 employees. "The world's largest social network had been looking to expand to the city for years as workers who live there longed for an easier commute," according to Li.
As hinted in the first quote above, San Francisco is having a banner year for large office deals. In June, reporter Blanca Torres was speculating that 2017 might set a record for big office leases.