Facebook Moving Out of Downtown Palo Alto
By Will Oremus Bay Area News Group
Facebook has outgrown its warren of offices in downtown Palo Alto and will move into a bigger building at the Stanford Research Park early next year, the company confirmed today.
The new facility on California Avenue is considered a stopgap until the social networking firm finds space for a permanent campus. While it’s large enough to house all of Facebook’s more than 600 employees, the company plans to retain some of its downtown office space in case of overflow.
“We have loved our time in downtown Palo Alto and consider it part of the DNA here at Facebook,” a spokesperson said via e-mail. “Many of our employees live in the area and will continue to be a part of the downtown community.”
Founded in 2004 by Mark Zuckerberg in his Harvard University dorm room, Facebook moved to a small office in downtown Palo Alto in June of that year. In April, Facebook passed MySpace to become the world’s most popular social networking site, according to the market research service comScore.
E-mail Will Oremus at email@example.com
(c) 2008 Oakland Tribune. Provided by ProQuest LLC. All rights Reserved.