Facebook drops $35M on first urban office in San Francisco
The Real Deal – New York
Up to 3,000 Facebook employees are to be working in the heart of San Francisco by the end of the year. The tech giant inked a $35 million lease for 436,000 square feet of office space because busing employees about two hours through infamously bad traffic to company headquarters in Menlo Park was becoming unwieldy. Surprise, surprise. The deal is the biggest office lease signed in San Francisco in three years, according to Business Insider. The South of Market tower, known by its address, 181 Fr…