Uber Takes 140k SF Lease In Palo Alto

Uber CEO Travis Kalanick
Travis Kalanick

The talent war in Silicon Valley shows no signs of winding down. Uber has opened another front with offices at the Stanford Research Park in Palo Alto.

The firm subleased 140k SF at 900 Arastradero Road from VMware, reports the San Francisco Business Times. The property likely commanded a rent of $78/SF.

Companies are increasingly offering short commute times as a top amenity. Eliminating a draining commute from the Peninsula to San Francisco could be a win for a company focused on making sure employees are at their most productive.

A convenient location allows Uber to compete with other Silicon Valley companies, such as Google and Facebook, in drawing talent. A comparable commute makes switching from Google to Uber that much easier. [SFBT]

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's San Jose Newsletters
Related Stories

JVP Development Is Betting $37M Of Its Own Money That Frisco Is Ready For Spec Office

Hedge Fund Bids $88M For Spirit Airlines' Former HQ

Oyster Point's Second Phase Half-Leased As Kilroy Navigates Soft Lab Demand

BXP Closes In On Next D.C. Office Development As It Shrinks Assets

Clarion Under Contract To Sell 18-Story Seaport Office Tower

Oil Company Expands Again At Cash Register Building

BXP's 343 Madison Lands $1.2B Loan, Nears Deal With Equity Partner

D.C. Sues To Block HUD Headquarters Move To Virginia

Ken Griffin Completes Takeover Of Brickell Block, Setting Stage For $2.5B Megaproject

Private Equity Firm Buys Former Texas Instruments Campus For New Headquarters

DFW Office Footprints Likely To Shrink As AI Use Increases And Companies Battle For Talent

Boston Waterfront Property Planned For Hotel Project Put Up For Sale