(CNN) -- Facebook is holding a news conference on Tuesday, where it is expected to announce that the company is moving operations to Menlo Park, California. Perhaps no one is more excited to learn of Facebook's plans than the city's mayor. Facebook has reportedly signed a deal with a real estate agency for employees to move into offices in Menlo Park. Facebook is outgrowing its current headquarters near Stanford University in Palo Alto, California. An invitation to a Facebook event next week, set to take place at Menlo Park City Hall, went out to reporters on Friday. Menlo Park Mayor Rich Cline received the same e-mail, with no further explanation.
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Facebook is in talks to relocate its offices from Palo Alto, California, to Menlo Park
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Facebook has scheduled a news conference at Menlo Park City Hall for Tuesday
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Menlo Park's mayor says he doesn't know for sure whether Facebook is moving in
Discussions between @placeholder and Menlo Park officials have been "extensive," Cline said.
He joked that Facebook could hold an event at his city hall, and say, "We brought everybody down to say ... we're staying in @placeholder!"