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Sunday, Dec 22, 2024

Preview: FAANG Footprint in the Valleys

Some of the most popular technology companies on the stock market have taken a liking to Valley-region real estate. Known collectively as FAANG, they are Facebook, Amazon.com Inc., Apple Inc., Netflix Inc. and Google, a subsidiary of Alphabet Inc.Since the coronavirus pandemic started, Amazon alone has leased more than 3 million square feet of space in the market. Meanwhile Netflix has leased 171,000 square feet of office space in Burbank where it plans to create an animation studio.Read the full story in the Oct. 26 issue of the San Fernando Valley Business Journal.

Hannah Madans Welk
Hannah Madans Welk
Hannah Madans Welk is a managing editor at the Los Angeles Business Journal and the San Fernando Valley Business Journal. She previously covered real estate for the Los Angeles Business Journal. She has done work with publications including The Orange County Register, The Real Deal and doityourself.com.

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