​[[{“value”:”Meta Renews Leases for Two Buildings in Redmond

Meta Platforms Inc. has renewed its leases for two office buildings at Willow Creek Corporate Center in Redmond, Washington, maintaining a significant footprint in the suburban Puget Sound office market. The renewals cover approximately 146,000 square feet across the two buildings, according to information cited by the Puget Sound Business Journal from CBRE’s first quarter Puget Sound office market report.

The CBRE report initially identified the tenant only as an undisclosed company that had extended leases at the corporate center’s A and G buildings, located at 10545 and 10525 Willows Road NE. Public records subsequently indicated that Meta is the tenant in those buildings, confirming the social media and technology company’s ongoing commitment to the Redmond campus.

Much of the work conducted in the two Willow Creek buildings is tied to Meta’s Reality Labs division. Reality Labs is the business and research unit responsible for the company’s virtual reality and augmented reality hardware and software, including products and platforms that support immersive digital experiences. The lease renewals occur while Meta is in the midst of restructuring this division, underscoring that the group continues to require a sizable office and research presence in the Puget Sound region.

Meta holds a prominent position in the local technology and office markets. The company is identified as the third-largest tech employer in the Puget Sound region, with a workforce of about 8,000 employees. It is also the third-largest office occupier in the region, controlling roughly 2.3 million square feet of office space. The renewed leases at Willow Creek Corporate Center represent a portion of that broader portfolio and reflect the scale at which Meta remains active in the market.

The CBRE market report that surfaced the transaction highlights how large technology users continue to influence leasing dynamics across the Puget Sound office sector. Although the tenant was not named in the report itself, the leasing activity at the A and G buildings was significant enough to be called out, with subsequent public filings linking the renewals to Meta. Specific lease terms, including duration and rental rates, were not disclosed in the available materials.

For Willow Creek Corporate Center, Meta’s decision to maintain its space supports occupancy at the property and reinforces the campus’s role as a hub for technology and research-related office use in Redmond. The renewals also signal that despite organizational changes within Reality Labs, Meta is keeping a substantial operational base tied to its virtual and augmented reality initiatives in the region.

The post Meta Renews Leases for Two Willow Creek Corporate Center Buildings in Redmond appeared first on CRE Market Beat.

“}]]