{"id":35091,"date":"2022-07-24T12:28:43","date_gmt":"2022-07-24T12:28:43","guid":{"rendered":"https:\/\/zeru.com\/blog\/?p=35091"},"modified":"2022-07-24T12:28:43","modified_gmt":"2022-07-24T12:28:43","slug":"facebook-leases-a-755900-square-foot-office-in-san-francisco","status":"publish","type":"post","link":"https:\/\/zeru.com\/blog\/facebook-leases-a-755900-square-foot-office-in-san-francisco","title":{"rendered":"Facebook Leases a 755,900 Square Foot Office in San Francisco"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_43 counter-flat ez-toc-counter ez-toc-light-blue ez-toc-container-direction\">\n<p class=\"ez-toc-title\">Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-69e4c875e28aa\" class=\"cssicon\"><span style=\"display: flex;align-items: center;width: 35px;height: 30px;justify-content: center;direction:ltr;\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/label><label for=\"ez-toc-cssicon-toggle-item-69e4c875e28aa\"  class=\"cssiconcheckbox\">1<\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-69e4c875e28aa\" ><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/zeru.com\/blog\/facebook-leases-a-755900-square-foot-office-in-san-francisco\/#Facebook_Leases_a_755900_Square_Foot_Office_in_San_Francisco\" title=\"Facebook Leases a 755,900 Square Foot Office in San Francisco\">Facebook Leases a 755,900 Square Foot Office in San Francisco<\/a><\/li><li class='ez-toc-page-1'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/zeru.com\/blog\/facebook-leases-a-755900-square-foot-office-in-san-francisco\/#Mark_Zukerberg\" title=\"Mark Zukerberg\">Mark Zukerberg<\/a><\/li><li class='ez-toc-page-1'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/zeru.com\/blog\/facebook-leases-a-755900-square-foot-office-in-san-francisco\/#Yuri_Milner\" title=\"Yuri Milner\">Yuri Milner<\/a><\/li><li class='ez-toc-page-1'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/zeru.com\/blog\/facebook-leases-a-755900-square-foot-office-in-san-francisco\/#Eduardo_Luiz_Severin\" title=\"Eduardo Luiz Severin\">Eduardo Luiz Severin<\/a><\/li><li class='ez-toc-page-1'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/zeru.com\/blog\/facebook-leases-a-755900-square-foot-office-in-san-francisco\/#Facebooks_new_corporate_campus\" title=\"Facebook&#8217;s new corporate campus\">Facebook&#8217;s new corporate campus<\/a><\/li><li class='ez-toc-page-1'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/zeru.com\/blog\/facebook-leases-a-755900-square-foot-office-in-san-francisco\/#Facebooks_plans_to_build_a_village_near_its_headquarters\" title=\"Facebook&#8217;s plans to build a village near its headquarters\">Facebook&#8217;s plans to build a village near its headquarters<\/a><\/li><\/ul><\/nav><\/div>\n<h1><span class=\"ez-toc-section\" id=\"Facebook_Leases_a_755900_Square_Foot_Office_in_San_Francisco\"><\/span>Facebook Leases a 755,900 Square Foot Office in San Francisco<span class=\"ez-toc-section-end\"><\/span><\/h1>\n<p><img decoding=\"async\" alt=\"Does Facebook have an office in San Francisco\" align=\"left\" src=\"https:\/\/i.imgur.com\/0MXRI8I.jpg\" style=\"max-width:39% max-height:307px; height:auto; width:auto; margin:0px 10px;\">  <\/p>\n<p>The hot demand for SF office space led Facebook to sign a 755,900 square foot lease just a few months ago, but until that point, the company had no stake in the city. The lease illustrates the incredibly hot demand for SF office space and is a break from Silicon Valley wisdom. Yuri Milner, Eduardo Luiz Severin, and Mark Zukerberg discuss the company&#8217;s new corporate campus in San Francisco.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Mark_Zukerberg\"><\/span>Mark Zukerberg<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Despite his popularity in Silicon Valley, Mark Zuckerberg still spends time away from his office in Hawaii. While the Californian native has spent time in the Pacific Northwest, the mansion is surrounded by pictures of his friends as babies. Though he admits that it can be irritating to look at them every day, his mother insists on regularly visiting the mansion to visit her son. In addition to the office, Zuckerberg maintains an extensive garden.<\/p>\n<p>He dropped out of Harvard his sophomore year to focus on building his &#8220;TheFacebook&#8221; project. He managed to reach the one million user mark before the end of 2004 and secured his first venture capital investment from Accel Partners the same year. He and his Harvard friends then moved to California to grow their Facebook empire. By 2010, Facebook was home to 500 million users and was open to anyone over thirteen. However, he plans to spend half his life working from his home.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Yuri_Milner\"><\/span>Yuri Milner<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>While sitting in a meeting with DST, Yuri Milner discussed the company&#8217;s future with Vaughn Smith, former VP of Corporate Development. DST was largely unknown in the West when it invested in Facebook. That didn&#8217;t stop the firm from investing in nearly every major social media player since its inception. Its portfolio also includes Bytedance, Twitter, Momo, Clubhouse, and associated companies, including Zynga. The company was quick to recognize the potential of social media and e-commerce and its disruptive power.<\/p>\n<p>Yuri Milner&#8217;s investment in Facebook was arranged through DST Global, which received funding from Gazprom subsidiary VTB. Both VTB and DST are entities that have been subject to U.S. sanctions in connection with Russia&#8217;s incursions in eastern Ukraine and the annexation of Crimea. The company and Milner&#8217;s connection were discovered in leaked documents analyzed by the International Consortium of Investigative Journalists.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Eduardo_Luiz_Severin\"><\/span>Eduardo Luiz Severin<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The founding father of Facebook, Eduardo Luiz Severin, is a Brazilian billionaire and investor who gave Facebook $500,000 to form a new Delaware-based LLC. In addition, Facebook acquired a Florida-based corporation that had ceased operations. Eduardo lost his 34% stake and signed a contract giving up his intellectual property and 3 million &#8220;founders&#8217; shares&#8221; in return for an equity interest of less than 10%.<\/p>\n<p>Saverin was born in Brazil to one of the richest families in the country. He grew up in an environment where money flowed freely. He was so wealthy that he renounced his US citizenship after graduating from Harvard. He currently owns about five percent of the company and is second only to Mark Zuckerberg in shareholding. Severin was also a co-founder of Aporta, a charity portal.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Facebooks_new_corporate_campus\"><\/span>Facebook&#8217;s new corporate campus<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The new Facebook campus in San Francisco is a striking contrast to the company&#8217;s previous, more discrete, office parks. Unlike traditional corporate campuses, Facebook&#8217;s new campus is open, socially connected, dimensionally aware, culturally relevant, and personally sustaining. Where its predecessors were discrete office buildings in an office park dating back to the early &#8217;90s, the new campus reflects the company&#8217;s &#8220;upstart&#8221; culture and is designed to foster collaboration. The campus has everything from two cafes and a gym to a huge fitness center.<\/p>\n<p>The new campus will also help Facebook combat the city&#8217;s notorious traffic problems. Currently, Bay Area transit is poor, hampering the expansion of tech giants like Facebook. In recent years, Google and Facebook have both opened corporate campuses in the San Francisco area. Lack of public transportation has also exacerbated congestion, and Facebook wants to alleviate that by building a transit center on its new campus. The new campus will also feature east-west connections and an underground parking garage.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Facebooks_plans_to_build_a_village_near_its_headquarters\"><\/span>Facebook&#8217;s plans to build a village near its headquarters<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>A new campus for Facebook will focus on the public realm. The company&#8217;s headquarters are currently composed of a cluster of industrial buildings, warehouses, and one-story offices. The new campus will include a central town square, business districts, and ground-floor retail. Sidewalks will be wide and protected by bicycle lanes. The overall design of Facebook&#8217;s new campus will be far different than the typical Silicon Valley campus. The developer has proposed two phases of construction for the campus: the first phase will focus on housing and the second phase will focus on transportation.<\/p>\n<p>The new village is planned to include eight acres of public space and a modest shopping center. The plans could spark other big tech companies to build similar developments. Google, for example, is building dormitory-style temporary housing near its headquarters and has previously proposed much larger plans for its own campus. In addition to Facebook, other Peninsula companies are building large-scale developments. Apple and Salesforce are buying land in Boca Chica, Texas, but the aforementioned projects are unlikely to become reality.<\/p>\n<p> <iframe allowfullscreen=\"true\" height=\"250\" width=\"448\" src=\"https:\/\/www.youtube.com\/embed\/f1fbuOkxugs\" frameborder=\"0\" style=\"margin:0px auto; display: block;\"><\/iframe><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Facebook Leases a 755,900 Square Foot Office in San Francisco The hot demand for SF office space led Facebook to sign a 755,900 square foot lease just a few months ago, but until that point, the company had no stake in the city. The lease illustrates the incredibly hot demand for SF office space and [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":36930,"comment_status":"closed","ping_status":"","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v19.7 (Yoast SEO v21.1) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Facebook Leases a 755,900 Square Foot Office in San Francisco - Zeru<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/zeru.com\/blog\/facebook-leases-a-755900-square-foot-office-in-san-francisco\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Facebook Leases a 755,900 Square Foot Office in San Francisco\" \/>\n<meta property=\"og:description\" content=\"Facebook Leases a 755,900 Square Foot Office in San Francisco The hot demand for SF office space led Facebook to sign a 755,900 square foot lease just a few months ago, but until that point, the company had no stake in the city. The lease illustrates the incredibly hot demand for SF office space and [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/zeru.com\/blog\/facebook-leases-a-755900-square-foot-office-in-san-francisco\" \/>\n<meta property=\"og:site_name\" content=\"Zeru\" \/>\n<meta property=\"article:published_time\" content=\"2022-07-24T12:28:43+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/zeru.com\/blog\/wp-content\/uploads\/Facebook-Leases-a-755900-Square-Foot-Office-in-San-Francisco_35091.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"750\" \/>\n\t<meta property=\"og:image:height\" content=\"421\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Lizzie Yates\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Lizzie Yates\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/zeru.com\/blog\/facebook-leases-a-755900-square-foot-office-in-san-francisco\",\"url\":\"https:\/\/zeru.com\/blog\/facebook-leases-a-755900-square-foot-office-in-san-francisco\",\"name\":\"Facebook Leases a 755,900 Square Foot Office in San Francisco - Zeru\",\"isPartOf\":{\"@id\":\"https:\/\/zeru.com\/blog\/#website\"},\"datePublished\":\"2022-07-24T12:28:43+00:00\",\"dateModified\":\"2022-07-24T12:28:43+00:00\",\"author\":{\"@id\":\"https:\/\/zeru.com\/blog\/#\/schema\/person\/61005d9ec00b94bc50fbaf11b78aa55e\"},\"breadcrumb\":{\"@id\":\"https:\/\/zeru.com\/blog\/facebook-leases-a-755900-square-foot-office-in-san-francisco#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/zeru.com\/blog\/facebook-leases-a-755900-square-foot-office-in-san-francisco\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/zeru.com\/blog\/facebook-leases-a-755900-square-foot-office-in-san-francisco#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/zeru.com\/blog\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Facebook Leases a 755,900 Square Foot Office in San Francisco\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/zeru.com\/blog\/#website\",\"url\":\"https:\/\/zeru.com\/blog\/\",\"name\":\"Zeru\",\"description\":\"Blog\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/zeru.com\/blog\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/zeru.com\/blog\/#\/schema\/person\/61005d9ec00b94bc50fbaf11b78aa55e\",\"name\":\"Lizzie Yates\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/zeru.com\/blog\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/zeru.com\/blog\/wp-content\/uploads\/19-150x150.jpg\",\"contentUrl\":\"https:\/\/zeru.com\/blog\/wp-content\/uploads\/19-150x150.jpg\",\"caption\":\"Lizzie Yates\"},\"description\":\"A content marketing strategist with the Zeru team for a little over 5 years, Lizzie Yates specializes in everything digital media with a particular focus on social media and technology. Her passion? To follow how the social media sites like Instagram, YouTube, Facebook, Twitter, and TikTok are maturing over time, and what businesses can do to keep up. She shares her insights on our blog in a true outpouring of knowledge and expertise. Her knowledge about technology and social media is vast, and she is always willing to share her insights with businesses to help them stay up-to-date with the latest trends.\",\"url\":\"https:\/\/zeru.com\/blog\/author\/writer\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Facebook Leases a 755,900 Square Foot Office in San Francisco - Zeru","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/zeru.com\/blog\/facebook-leases-a-755900-square-foot-office-in-san-francisco","og_locale":"en_US","og_type":"article","og_title":"Facebook Leases a 755,900 Square Foot Office in San Francisco","og_description":"Facebook Leases a 755,900 Square Foot Office in San Francisco The hot demand for SF office space led Facebook to sign a 755,900 square foot lease just a few months ago, but until that point, the company had no stake in the city. The lease illustrates the incredibly hot demand for SF office space and [&hellip;]","og_url":"https:\/\/zeru.com\/blog\/facebook-leases-a-755900-square-foot-office-in-san-francisco","og_site_name":"Zeru","article_published_time":"2022-07-24T12:28:43+00:00","og_image":[{"width":750,"height":421,"url":"https:\/\/zeru.com\/blog\/wp-content\/uploads\/Facebook-Leases-a-755900-Square-Foot-Office-in-San-Francisco_35091.jpg","type":"image\/jpeg"}],"author":"Lizzie Yates","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Lizzie Yates","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/zeru.com\/blog\/facebook-leases-a-755900-square-foot-office-in-san-francisco","url":"https:\/\/zeru.com\/blog\/facebook-leases-a-755900-square-foot-office-in-san-francisco","name":"Facebook Leases a 755,900 Square Foot Office in San Francisco - Zeru","isPartOf":{"@id":"https:\/\/zeru.com\/blog\/#website"},"datePublished":"2022-07-24T12:28:43+00:00","dateModified":"2022-07-24T12:28:43+00:00","author":{"@id":"https:\/\/zeru.com\/blog\/#\/schema\/person\/61005d9ec00b94bc50fbaf11b78aa55e"},"breadcrumb":{"@id":"https:\/\/zeru.com\/blog\/facebook-leases-a-755900-square-foot-office-in-san-francisco#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/zeru.com\/blog\/facebook-leases-a-755900-square-foot-office-in-san-francisco"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/zeru.com\/blog\/facebook-leases-a-755900-square-foot-office-in-san-francisco#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/zeru.com\/blog"},{"@type":"ListItem","position":2,"name":"Facebook Leases a 755,900 Square Foot Office in San Francisco"}]},{"@type":"WebSite","@id":"https:\/\/zeru.com\/blog\/#website","url":"https:\/\/zeru.com\/blog\/","name":"Zeru","description":"Blog","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/zeru.com\/blog\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/zeru.com\/blog\/#\/schema\/person\/61005d9ec00b94bc50fbaf11b78aa55e","name":"Lizzie Yates","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/zeru.com\/blog\/#\/schema\/person\/image\/","url":"https:\/\/zeru.com\/blog\/wp-content\/uploads\/19-150x150.jpg","contentUrl":"https:\/\/zeru.com\/blog\/wp-content\/uploads\/19-150x150.jpg","caption":"Lizzie Yates"},"description":"A content marketing strategist with the Zeru team for a little over 5 years, Lizzie Yates specializes in everything digital media with a particular focus on social media and technology. Her passion? To follow how the social media sites like Instagram, YouTube, Facebook, Twitter, and TikTok are maturing over time, and what businesses can do to keep up. She shares her insights on our blog in a true outpouring of knowledge and expertise. Her knowledge about technology and social media is vast, and she is always willing to share her insights with businesses to help them stay up-to-date with the latest trends.","url":"https:\/\/zeru.com\/blog\/author\/writer"}]}},"_links":{"self":[{"href":"https:\/\/zeru.com\/blog\/wp-json\/wp\/v2\/posts\/35091"}],"collection":[{"href":"https:\/\/zeru.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/zeru.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/zeru.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/zeru.com\/blog\/wp-json\/wp\/v2\/comments?post=35091"}],"version-history":[{"count":1,"href":"https:\/\/zeru.com\/blog\/wp-json\/wp\/v2\/posts\/35091\/revisions"}],"predecessor-version":[{"id":35096,"href":"https:\/\/zeru.com\/blog\/wp-json\/wp\/v2\/posts\/35091\/revisions\/35096"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/zeru.com\/blog\/wp-json\/wp\/v2\/media\/36930"}],"wp:attachment":[{"href":"https:\/\/zeru.com\/blog\/wp-json\/wp\/v2\/media?parent=35091"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/zeru.com\/blog\/wp-json\/wp\/v2\/categories?post=35091"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/zeru.com\/blog\/wp-json\/wp\/v2\/tags?post=35091"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}