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Facebook Buys Land Adjacent to Gehry-Designed Menlo Park Campus

Facebook Inc., the world’s biggest social network, bought land next to its headquarters expansion site in California’s Silicon Valley with plans to hold it as a real estate investment.

The Menlo Park, California-based company purchased about 59 acres (24 hectares) adjacent to a 1 million-square-foot (92,900-square-meter) complex designed by architect Frank Gehry that’s set to open next year, Genevieve Grdina, a Facebook spokeswoman, said in a telephone interview.