Social media giant Facebook has signed a lease for new office space in the luxury San Francisco high-rise 181 Fremont. The new tower is home to several multimillion-dollar condos on its upper floors, including a $42 million penthouse. Facebook will occupy 436,000 square feet of the building, at a cost of $34.9 million, making it the city's most substantial office lease in three years, according to the San Francisco Business Times.
Facebook has just announced that it has signed a lease for 436,000 square feet of office space at 181 Fremont, the new mixed-use, luxury San Francisco condominium tower in the Financial District. The company's new space will have room for 2,000-3,000 staff members. The deal represents the largest corporate lease in San Francisco in three years, according to San Francisco Business Times. The building, designed by Heller Manus Architects, is also home to 67 luxury residences that feature sleek and elegant interiors by designer Orlando Diaz-Azcuy.
Looking beyond its present Silicon Valley headquarters, Facebook has leased a 436,000-square-foot office space at 181 Fremont Street in San Francisco's SoMa neighborhood for approximately $35 million. Facebook's new lease is the city's largest in three years, according to the San Francisco Business Times, and the space could house as many as 3,000 employees.
181 Fremont, the new mixed-use tower developed by the Jay Paul Company, will welcome Facebook as its commercial tenant. The 70-story building has 432,000 square feet of commercial space that sits beneath 67 luxury residences with interiors by Orlando Diaz-Azcuy. Having topped out in December 2016, 181 Fremont will be completed in the first half of 2018. The structure is a leading light in innovative architecture, designed with a high-tech exoskeleton in a striking sawtooth pattern. Aside from its decorative appeal, the exoskeleton is part of 181 Fremont's resilient design, which will help protect it from seismic activity. 181 Fremont is the first mixed-use, LEED Platinum-precertified building in San Francisco. It features a state-of-the-art water recycling system, a pedestrian-friendly lobby, bike storage, and a dramatic glass-curtain wall that maximizes natural light. The building's retail space directly connects it to the Salesforce Transit Center's elevated City Park.
Facebook has just signed a lease for office space in 181 Fremont, the new luxury tower in San Francisco's SoMa neighborhood. This new office will give the company 436,000 additional square feet of space, and it represents the largest corporate lease in the city in the last three years, according to San Francisco Business Times. The space is large enough to accommodate between 2,000 and 3,000 employees.