Facebook’s real estate executives told Commercial Observer that the company will continue to grow its global footprint of offices. Last year, 2020, Facebook added 84,600 square feet to its existing lease at Tishman Speyer’s Brickyard Campus; the tech company also signed a lease for office space in New York and purchased a 400,000 square foot complex in Seattle.
Speaking about the return to the office, John Tenanes, vice president of global facilities and real estate at Facebook, said:
“Our workplaces are the heart of our culture and important to building connections. We’ll continue expanding as we grow, and our offices will thrive again once it’s safe to return.”
While the tech giant does plan for a return to the office, Facebook expects that half of its workforce could be working remotely in the next 5 to 10 years.