Some high-profile companies are eyeing office space leases at Santana Row in San Jose — deals that may cause their exit from San Jose’s struggling downtown.
SAN JOSE — Some high-profile companies are eyeing office space leases at Santana Row in San Jose — including deals that may trigger their exit from San Jose’s struggling downtown, several industry sources say.
The leasing efforts by PwC and UBS would have one result in common, besides enabling the companies to shift some Silicon Valley operations to Santana Row: Both companies would depart downtown San Jose.PwC is interested in leasing three floors in the One Santana West office building at 3155 Olsen Drive next to Winchester Boulevard in San Jose, sources said.
PwC was said by the commercial property sources to be also considering an office deal in downtown Sunnyvale along with the One Santana West transaction. The careers website for Databricks shows the tech company is seeking to hire workers in Mountain View and San Francisco. It wasn’t immediately clear whether Databricks would shift workers from those existing sites or if a deal at One Santana West would represent an expansion location for the software firm.
The commercial property sources agreed that the various transactions that could occur at One Santana West have yet to be completed and there were no assurances that final leasing agreements would be accomplished. The tenant interest is arriving at a time when Silicon Valley has reached a “stabilization,” as Wood put it during the conference call, for the region’s economy and job market in the wake of the coronavirus pandemic.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Big San Jose apartment complex is bought by veteran real estate firmsA big downtown San Jose apartment building has been bought by veteran real estate investors.
Read more »
San Jose retail site may become big housing and ADU real estate projectA San Jose retail complex with some high-profile merchants could be replaced by housing.
Read more »
Protest in San Jose over Israeli Prime Minister Netanyahu visitMany gathered at the San Jose airport waving Israel flags and signs protesting against Netanyahu, set to meet with Elon Musk and some AI companies in Silicon Valley.
Read more »
Protesters honk at Israel's Netanyahu in San Jose ahead of meeting with X's MuskDozens of protesters on Monday honked horns and waved Israeli flags outside San Jose Mineta International Airport as Israel's Prime Minister Benjamin Netanyahu touched down on his way to meet billionaire businessman Elon Musk.
Read more »
San Jose police: Alleged dognappers arrested, French Bulldog returned to ownersThe victim’s French Bulldog was uninjured and was later returned to the owner.
Read more »
3 arrested in armed robbery of French bulldog in San JosePolice in San Jose announced Monday the arrests of three people who allegedly stole a French bulldog during an armed robbery earlier this year.
Read more »