Here’s Zynga’s Filing on $228M HQ Building Deal (For All You Real Estate Types)
Zynga bought its San Francisco HQ building for $228 million, the company said in a regulatory filing, which I have embedded below.
Having enjoyed a party or two in the space at 650 Townsend Street over the years — even before it housed the online gaming company, I vaguely recall an epic Devo concert there during Web 1.0 — I can tell you it is a nice space and that Zynga has fixed it up real pretty.
Zynga CEO Mark Pincus — for those who might not know — is a bit of a real estate mogul himself, having housed Zynga and other start-ups in previous buildings he owned.
This one’s all Zynga’s, which sources said will give the fast-growing company — which just went public — an ability to lock in affordable growth space and also host community events.
I vote to bring back Devo ASAP, now that we can trash the place without worrying about the landlord.