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 cut real estate costs.
Rocket Fuel (NASDAQ: FUEL) is moving out of the entire 141,180-square-foot building at 1900 Seaport Blvd. by Jan. 2. The company's lease had been set to expire in 2019.
Rocket Fuel will shrink its footprint with a new lease of about 35,000 square feet in one floor at neighboring 2100 Seaport...