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Meta’s Sunnyvale Commitment is Year’s Largest Private Sector Office Lease
Tishman Speyer has signed Meta, the parent company of Facebook, to 719,037 square feet at its Sunnyvale, CA office campus. It’s believed to be the largest new private sector office lease executed anywhere in the U.S in 2021 and occurs just seven months after Tishman Speyer acquired the single-tenant campus from NetApp.
“We were always convinced that the tech sector would maintain a strong appetite for high-quality collaborative spaces and are excited Sunnyvale will house one of the world’s leading companies,” said Tishman Speyer president & CEO Rob Speyer.
He continued, “This transaction follows our 2.6-million-square-foot deal in Shanghai with ByteDance, along with our recent headquarters agreement with Pfizer at The Spiral in New York City. Our intensified customer focus – going all-out to serve the needs of innovative companies and their employees around the world – is paying off.”
Newmark’s Phil Mahoney, Michael Saign and Jon Mackey were Tishman Speyer’s listing brokers.
- ◦Lease
