Roku, Microsoft Join Other Counterparts In Office Space Hunt: Bloomberg - Microsoft (NASDAQ:MSFT), Roku (NASDAQ:ROKU)

Roku Inc ROKU and Microsoft Corp MSFT are weighing new leases in Manhattan amid the pandemic resurgence, reflecting their growth potential, Bloomberg reports.
Roku aims to lease over 100,000 square feet at 5 Times Square in Midtown, and Microsoft is close to a deal for 100,000 square feet in the Flatiron district despite the growing trend of hybrid work.
Digital-payments firm Stripe Inc recently took over 100,000 square feet at a WeWork location in lower Manhattan.
Amazon.com Inc AMZN and Facebook Inc FB have also explored options to expand their offices.
Alphabet Inc GOOG GOOGL Google recently agreed to acquire St. John’s Terminal, a redevelopment project it was already leasing for $2.1 billion.
The trend is in sharp contrast to a year and a half ago after the pandemic shut down the city and emptied its skyscrapers.
Goldman Sachs Group Inc GS and JPMorgan Chase & Co JPM have called back most of their workers to their buildings, unlike the tech companies.
Price Action: MSFT shares traded lower by 0.41% at $298.29 on the last check Friday.