Facebook LA Office
Facebook inks lease at Harman Campus in San Fernando Valley: sources Social networking giant building out a portion of campus for new specialized division
Rendering of The Mix at Harman Campus with Mark Zuckerberg (Credit: CBRE)
Facebook has made a major bet on Los Angeles County’s San Fernando Valley. The Menlo Park-based social networking giant signed a roughly 80,000-square-foot lease at The Mix at Harman Campus in Northridge, The Real Deal has learned.
Facebook is building out a portion of the newly developed campus to fit a fledgling, specialized division of the company that could be related to creating original content, sources said.
The 800,000-square-foot campus already includes creative office space, warehouse space, game areas, private patios, food truck dining options, a fitness center and retail. Newport Beach-based developer Shubin-Nadal Realty Investors and New York-based DRA Advisors acquired the property from NewTower Trust Co. in 2014 for $130 million, property records show.
Asking rates at the four-building campus at 8500-8550 Balboa Boulevard, which borders Napa Street, value the lease at roughly $1.7 million a year.
Other tenants include technology company Samsung’s Harman International, the parent company of speaker manu上海千花网论坛