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12

Facebook Nears Deal for First Office Space in San Francisco

By Tony Seruga

Social-media company has letter of intent at 181 Fremont
Tower would house fewer than 100 Instagram employees

Facebook Inc. is planning to open its first San Francisco office — albeit a small one.

The social-media company has a letter of intent for space at 181 Fremont, a new skyscraper in the South of Market district, according to a person familiar with the matter. The building would be a test for fewer than 100 Instagram employees, said the person, who asked not to be named because the details aren’t finalized.

Facebook hasn’t signed a lease and it’s still looking at other properties, the person said…

Facebook Nears Deal for First Office Space in San Francisco

Categories : Commercial Real Estate

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