After renting there for about five years, Facebook has bought its original 57-acre campus, whose entrance is marked with the large “Like” thumbs-up icon, the Silicon Valley Business Journal reported.
It was a $202 million deal, the Journal reported, citing public records.
The campus at 1 Hacker Way was being leased from Sun Microsystems, with the right to buy available to Facebook in the fifth year of the lease.
The move is one of the social media giant’s rapid real estate acquisitions since the original offices were first leased in 2011. Since then, Facebook has bought 22 acres on Constitution Avenue, 59 acres at the former TE Connectivity site, and 56 acres at the Menlo Science and Technology Park. It also recently leased 210,000 square feet of office space from Intuit in December.
Joan Lane, trailblazing volunteer and Stanford’s go-to for ‘sticky problems,' dies at 97March 25, 2026 3:23 pm