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Meta Terminates Silicon Valley Lease as It Shrinks National Office Footprint

Social Media Giant Opts Out of Two-Building Space as Facebook Parent Company Looks To Trim Real Estate Expenses

Facebook parent company Meta had been leasing more than 450,000 square feet in the buildings at 391 and 401 San Antonio Road in Mountain View, California. (CoStar)
Facebook parent company Meta had been leasing more than 450,000 square feet in the buildings at 391 and 401 San Antonio Road in Mountain View, California. (CoStar)

Facebook parent company Meta has taken another ax to its once-vast real estate portfolio as it adapts to an increasingly remote workforce and a worsening economic climate.

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