MARKET REPORTS 

Facebook Expands its Seattle-area Footprint, Buys REI’s New Headquarters

With employees in 161 countries and territories, Facebook has expanded its Seattle-area footprint to five office sites with a total of 463,000 square feet of rentable space. The Tech 500 No. 1 office of the year will now have full building occupancy by year-end, making it Facebook’s biggest city on the East Coast.

The purchase of the REI building adds 738,000 square feet of value to Facebook’s real estate portfolio.

Facebook Seattle Headquarters

Building One of the 111,000-square-foot building includes the main Facebook office, a technical center, and the modern internal cafeteria open to the public. The main Facebook office includes about 300 employees working on products and processes that connect people, build and serve communities, and govern relationships.

Building Two, which is 707,000 square feet, includes Facebook’s headquarters for the creative product teams responsible for Facebook Live and Oculus, as well as the Oculus GO, VR, and AR teams.

Building Three, which is a 210,000-square-foot building, includes the social media advertising team responsible for ad offerings and infrastructure, as well as the data center networking team that facilitates the transfer of data between various Facebook offices around the world.

Building Four, which is about 159,000 square feet, includes the interconnecting 2,650-foot “Culture Lab” with flexible office space designed to serve as a primary venue for meetings and community events.

The new building will provide a space for Facebook to transition into a workplace for the upcoming launch of a new all-hands Facebook meeting space that is connected to the 10,000-square-foot community room. Construction on the new space is already underway.

It has also been announced that Facebook is leasing 200,000 square feet of office space from Amazon, bringing the total rental space leased from the tech giant in the city to nearly 600,000 square feet.

The campus, which is being renamed Facebook Seattle, will serve as an indoor playground for engineers and software development teams working across social media and products including Facebook Live, Oculus, WhatsApp, Instagram, Messenger, and Oculus Go.

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