TikTok Subleases San Jose Office
Social media giant takes 162K SF at Roku complex next door to parent Bytedance.
The House of Representatives may have passed a bill ordering TikTok to be sold or banned, but you wouldn’t know it from the growing size of the social media giant’s footprint in San Jose.
TikTok has inked a deal to sublease a 162K SF building at 1143 Coleman Avenue at the Coleman Highline complex in north San Jose, a mixed-use development across the street from San Jose International Airport.
Last year, Roku put two of the four buildings at its San Jose HQ complex on the market for sublease. The Coleman Highline campus is next door to a 658K SF campus that TikTok parent Bytedance has been subleasing from Yahoo since 2022, according to a report in the San Jose Mercury News.
The report said it is not certain whether the Bytedance space as well as the newly leased office building will be used by TikTok, which would mean that the popular website now has a grown its footprint in San Jose to more than 820K SF—which doesn’t sound like the company expects to be banned anytime soon.
The amount of combined space now subleased by TikTok and Bytedance can house an estimated 4,100 tech workers.
Bytedance moved into the office space in early 2023. In September 2023 Roku, which rents the buildings in Coleman Highline for its HQ complex, disclosed in a regulatory filing that it would reduce its office footprint and sublease two of the buildings it was occupying on Coleman Avenue.
Colliers is marketing a sublease for the 1155 Coleman building, which encompasses 195K SF, the report said.
In 2020, an affiliate of Blackstone Real Estate Advisors paid $275M for three office buildings in Coleman Highline. Blackstone bought the office buildings at 1143 and 1155 Coleman, a 25K SF amenities building at 1149 Coleman, and a parking garage on Champions Drive.
In 2021, London-based AGC Equity Partners paid $780M for the office buildings at 1193 and 1199 Coleman Ave.
The bill that passed the House of Representatives was driven by concerns that the ownership of TikTok by a Chinese-owned firm makes all of the data on the popular social media platform vulnerable collection by the Chinese government, a potential threat to U.S. national security.