Tag: facebook

What’s happening with the Palo Alto Facebook buildings after Facebook moves to Menlo Park? My answer on Quora

| December 15, 2011 | 0 Comments

1601 California will eventually be demolished by the owner, Stanford University, to make room for new residential development. It may be leased by another company, but commercial use would only be permitted to the end of 2013 Facebook is subleasing their other Palo Alto facility (1050 Page Mill) from Beckman Instruments. I believe that Facebook […]

Continue Reading

Facebook already planning expansion of Menlo Park campus

| August 23, 2011 | 1 Comment

Shortly after Facebook announced it would be relocating its Headquarters to a former Sun Microsystems facility in Menlo Park, it was learned that they had also acquired two nearby parcels, formerly a part of Raychem’s campus. Only weeks after the first employees moved into the new HQ site, Facebook has submitted a proposal to the […]

Continue Reading

Kicking off 2011: The bifurcated market

| January 5, 2011 | 1 Comment

A recent SF Business Times article covered a topic that I have written on extensively– the strength seen in a few select core submarkets, specifically in this case downtown Palo Alto.  The article claimed that many in the real estate industry were concerned that the large block of sublease space made available in downtown Palo Alto by Facebook at […]

Continue Reading

2009 in the Rear View Mirror

| January 14, 2010 | 0 Comments

While working on my write up for our Peninsula market report, I’ve been digging through our year-end stats for the Office market in San Mateo County. They are, quite frankly, pretty dull. We show a quarter where the vacancy rate for the county wiggled in a statistically insignificant range, with modest negative net absorption. One […]

Continue Reading