The move doesn’t come as a surprise. Facebook had practically outgrown its current offices on S. California Ave before it even moved in, and it’s already subleased additional space at 1050 Page Mill Road, just down the street from its current location (employees can take shuttles between the two buildings, but it’s not very convenient). With over 2,000 employees and no signs of slowing, the company needs a lot more leg room.
Facebook says it isn’t a done deal quite yet (actually, they wouldn’t even confirm the location they’re looking at):
“We are exploring options for a long-term location to fit our growing business needs. We are in the due diligence phase on one potential site, but it would be premature to offer any specifics. We hope to have more to share in the near future once things have been finalized.”
Prior to moving to its current home on S. California Ave, Facebook occupied a handful of buildings that littered downtown Palo Alto near University Avenue. Based on Facebook’s comment it sounds like this new space could become their home for the foreseeable future. Back in 2003 Google had similar rapid growing pains and began subleasing SGI’s office space in Mountain View — it later purchased this land and expanded after its IPO.
Image via Dianiel Rosenthal’s Sun blog
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