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LinkedIn Acquires 120,000-Square-Foot Building in Sunnyvale for $75 Million, Second Largest Lease Deal in Silicon Valley for Q1

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Updated Apr 16, 2025, 04:59 PM

LinkedIn has acquired a 120,000-square-foot research and development building in Sunnyvale, California, for $75 million. This purchase indicates a potential shift in the tech industry's real estate strategy, as major firms appear to be resuming office expansions after a period of downsizing. The acquisition is noted as the second largest lease deal in Silicon Valley for the first quarter, according to CBRE data. The property is located near LinkedIn's headquarters and reflects the company's ongoing investment in its operational footprint amidst a challenging real estate landscape characterized by layoffs and corporate downsizing.

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💥Susan Dyer Reynolds🗞️

@SusanDReynolds

North San Jose is one of the hottest tech areas in the Silicon Valley these days. Nvidia has leased a huge building there and has begun construction. https://t.co/SIKiBCMHUd

Silicon Valley Business Journal

@svbizjournal

This lease deal was the second largest one in Silicon Valley for the first quarter, according to CBRE data. https://t.co/q3ZpJPeDIG

San Francisco Chronicle

@sfchronicle

The acquisition of the two-story property marks another bold move by the Microsoft-owned social media company amid a real estate landscape still reeling from layoffs and corporate downsizing. https://t.co/0ykgCvnDwC

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8 days ago•Latest version

LinkedIn Acquires 120,000-Square-Foot Building in Sunnyvale for $75 Million, Second Largest Lease Deal in Silicon Valley for Q1

9 days ago•Original version

LinkedIn Acquires 120,000-Square-Foot Building in Sunnyvale for $75 Million, Second Largest Lease Deal in Q1 2025

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LinkedIn Acquires 120,000-Square-Foot Building in Sunnyvale for $75 Million, Second Largest Lease Deal in Silicon Valley for Q1

Related Prediction Markets

US recession in 2025?

DeepSeek acquired by US company before July?

Sources

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