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Friday, Mar 29, 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.

Michael Aushenker
Michael Aushenker
A graduate of Cornell University, Michael covers commercial real estate for the San Fernando Valley Business Journal. Prior to the Business Journal, Michael covered the community and entertainment beats as a staff writer for various newspapers, including the Jewish Journal of Greater Los Angeles, The Palisadian-Post, The Argonaut and Acorn Newspapers. He has also freelanced for the Santa Barbara Independent, VC Reporter, Malibu Times and Los Feliz Ledger.

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