Walmart.com, the retail giant’s digital arm, reportedly plans to sublease a large tech campus in Sunnyvale that it currently leases to Meta.
The Mercury News reported that multiple anonymous commercial real estate sources confirmed the deal, which included a 719,000-square-foot building that could accommodate thousands of workers for Walmart.com. This includes subletting the high-tech campus.
Moffett Green is currently owned by CommonWealth Partners LLC, which did not respond to SFGATE’s request for comment by the time of publication. The campus is located in an office-heavy area of northern Sunnyvale, near the Stevens Creek Quarry.
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The Commonwealth paid $707 million in 2022 to buy the complex from real estate firm Tishman Speyer, which acquired the complex from a technology company the previous year for $365 million, according to the Mercury News. Ta.
Walmart.com already leases office space in the Sunnyvale Business Park and has occupied it since 2014.
More than 5,000 meth layoffs in the Bay Area affected workers in San Francisco, Sunnyvale, Menlo Park, Fremont and Burlingame, according to the Mercury News.
Neither Walmart nor Meta responded to SFGATE’s requests for comment by press time.
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