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Ikkjin Ahn Of Moloco Leases 60000 SF Office From Mark Zuckerberg Of Meta In Menlo Park

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LEASED

California

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Office60,000 SF
Leased 08/07/2025
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LEASED

Ikkjin Ahn Of Moloco Leases 60000 SF Office From Mark Zuckerberg Of Meta In Menlo Park

135 Commonwealth Drive

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Office60,000 SF
Leased 08/07/2025
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Summary

CALIFORNIA
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:60,000 SF
Transaction Type:Lease

The property involved in this transaction is an office asset located at 135 Commonwealth Drive in Menlo Park. The total square footage of the property is 60,000 square feet, representative of the volume of space that is now being leased. The transaction indicates a shift in the real estate landscape within the market as companies reevaluate their office needs.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: Not specified
  • Address: 135 Commonwealth Drive
  • Market: Menlo Park
  • Landlord: Mark Zuckerberg - Meta
  • Tenant: Ikkjin Ahn - Moloco
  • Square Footage: 60,000

Mark Zuckerberg, representing Meta, has facilitated this leasing transaction with Ikkjin Ahn, who represents Moloco. The sublease of the space is significant for Moloco, as it effectively doubles their headquarters footprint. This transaction illustrates trends in Silicon Valley, where emerging tech firms are acquiring properties vacated by larger organizations as part of a larger reshaping of the office market.

Details

LEASED
IMAGE: Mark Zuckerberg & Ikkjin Ahn DATE: 08/07/2025 ADDRESS: 135 Commonwealth Drive MARKET: Menlo Park ASSET TYPE: Office ~ SF: 60,000 LANDLORD: Mark Zuckerberg (@Zuck) - Meta (@Meta) TENANT: Ikkjin Ahn - Moloco (@Moloco_Inc) NOTE: Ad-tech firm Moloco subleased 60,000 SF from Meta in Menlo Park, doubling its headquarters footprint as Meta continues scaling back its real estate holdings. The deal highlights ongoing shifts in Silicon Valley's office market, with emerging tech firms absorbing space shed by larger players.

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Deal Type
Effective Rent (Annual)

$3,439,163.79

Total Lease Value

$34,391,637.93

Net Landlord Cash Flow$3,439,163.79