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Meta Platforms real estate executive says company will 'recalibrate our space' - Silicon Valley Business Journal

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Meta Platforms' real estate presence in the Bay Area accounts for about 10 million square feet of existing office space with another 2.3 million in the works Facebook Meta

John Tenanes said that"one of our jobs is to recalibrate our space." Tenanes, Meta's vice president of global facilities and real estate, told the publication in a story published Tuesday that it was too early to talk about specific real estate reductions.

We’re creating a smaller venue, and for the same amount of folks, but it’s a smaller venue and we’re hoping that really drives a life in the building: more energy, more activity," he said. An analysis done last December by the San Francisco Business Times broke down the company's local real estate presence:: 6.9 million square feet of office, warehouse and data center space throughout the Bay Area. Besides Menlo Park, the company has a large presence in Sunnyvale, Fremont, Mountain View and San Francisco.: 2.

 

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