NetFlix 2007 Annual Report Download - page 28

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Item 2. Properties
We do not own any real estate. The following table sets forth the location, approximate square footage, lease
expiration and the primary use of each of our principal properties:
Location
Estimated
Square
Footage
Lease
Expiration Date Primary Use
Sunnyvale, California . . . . . . 115,000 April 2009 Receiving and storage center, processing and
shipping center for the San Francisco Bay Area
Los Gatos, California . . . . . . 81,000 December 2012 Corporate office, general and administrative,
marketing and technology and development
Hillsboro, Oregon . . . . . . . . . 49,000 April 2011 Customer service center
Beverly Hills, California . . . . 18,000 August 2010 Content acquisition, general and adminstrative
We operate a nationwide network of distribution centers that serve major metropolitan areas throughout the
United States. These fulfillment centers are under lease agreements that expire at various dates through
September 2012. We also operate a datacenter in a leased third-party facility in Santa Clara, California.
In March 2006, we exercised our option to lease a building adjacent to our headquarters in Los Gatos,
California. The building will comprise approximately 80,000 square feet of office space and have an initial term
of 5 years. The building is expected to be completed in the first quarter of 2008.
We believe our properties are suitable and adequate for our present needs, and we periodically evaluate
whether additional facilities are necessary.
Item 3. Legal Proceedings
Information with respect to this item may be found in Note 5 of the Notes to the Consolidated Financial
Statements in Item 8, which information is incorporated herein by reference.
Item 4. Submission of Matters to a Vote of Securities Holders
None.
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