Netflix Giving Up Another Chunk Of Office Space, This Time In Los Gatos
The company hopes to add at least one subtenant to its office and research complex at 100 and 150 Winchester Circle. The space is available for sublease through the end of November 2027, according to The Real Deal. JLL is marketing the buildings on behalf of the streaming service.
Netflix has no plans to vacate its other 485K SF space in Los Gatos, where the company is headquartered, according to comments made to The Real Deal.
High-quality properties are the most popular in the Bay Area office market as the flight to quality continues. Widespread vacancies are leading current and prospective tenants to seek newer space with more amenities in prime locations, leaving Class-B and C stock struggling.