Meta
OpenAI Eyes Major Silicon Valley Expansion as AI Boom Fuels Real Estate Demand
The ChatGPT maker is scouting up to 300,000 square feet of office space in Silicon Valley, signaling aggressive growth plans OpenAI is making...
Sterling Logistics Properties Acquires 127,400 SQFT Former Walmart Location in Fremont for $32.6MM
The acquisition was made on behalf of Sterling Consumer Logistics Properties I, LP (“The Fund”), a $225 million equity fund. The Fund primarily...
Moloco Subleases 60,000 SQFT From Meta in Menlo Park
Fast-growing ad-tech company Moloco doubles headquarters size as Meta continues massive real estate downsizing Moloco, an advertising technology company valued at over $2...
Microsoft’s Office Return Reflects Growing Industry Trend
Microsoft weighs stricter attendance rules as companies continue pulling back from pandemic-era flexibility The corporate world’s return-to-office momentum appears to be accelerating in...
Meta Pioneers Mass Timber Construction for Sustainable Data Centers
Tech Giant Turns to Wood as Building Material to Achieve Net Zero Emissions by 2030 Meta has begun incorporating mass timber construction into...
AI’s Geographic Divide: Bay Area Dominance Persists as Regional Gaps Widen
A comprehensive new analysis of America’s artificial intelligence landscape reveals a stark geographic reality: while AI adoption is growing rapidly nationwide, the technology’s...
AI Legal Tech Unicorn Harvey Expands San Francisco Footprint with 92,800 SQFT Lease At Kilroy’s 201 Third St.
$5 billion startup’s major office commitment signals confidence in San Francisco’s role as AI innovation hub Harvey AI, the legal technology unicorn valued...
Swift Places ~300,000 SQFT Santa Clara R&D Campus On the Market with $45MM in Contracted Revenue
Santa Clara property offers investors flexibility for industrial redevelopment in prime tech corridor amid shifting market dynamics A 16.8-acre research and development campus...
Snap Secures 156,000 SQFT Silicon Valley Office Deal in Sunnyvale Amid Market Recovery
Social Media Giant Takes Full Building in Sunnyvale as Tech Returns to Physical Workspaces Snap Inc., the parent company of popular social media...
Cloudera Makes 45,000 SQFT HQ Move in San Jose, Signaling Confidence in Silicon Valley’s Office Recovery
Major data analytics firm’s 45,372-square-foot lease at San Jose’s America Center Drive caps off 17-year relationship with Newmark brokers as tech leasing drives...
Costco Expands San Jose Footprint with $14MM Office Acquisition
Retail heavyweight Costco Wholesale Corp. has made a real estate move in Silicon Valley, acquiring an 85,270-square-foot office building at 1704 Automation Parkway...
Lennar Reports Challenging Quarter as West Coast Markets Face Housing Headwinds
Nation’s largest homebuilder maintains volume strategy despite margin pressure and particular softness in Pacific Northwest and California Lennar Corporation, one of America’s largest...
