Advertising tech company Rocket Fuel Inc. has terminated its lease at its global headquarters in Redwood City,according to an SEC filing, as the company's growth has slowed and it seeks to slice real estate costs.
Rocket Fuel (NASDAQ: FUEL) is moving out of the entire 141180-square-foot building at 1900 Seaport Blvd. by Jan. 2. The company's lease had been set to run out at the end of 2019.
Rocket Fuel will shrink its footprint with a new lease of approximately 35000 square feet in one floor at neighboring…
Source: bizjournals.com