Santana Row Gets Another Tech Tenant
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Another tech company is moving into Federal Realty Investment Trust's Santana Row. BroadSoft leased 33k SF at 3055 Olin Ave. overlooking Park Valencia plaza. The firm was attracted to the live/work/play campus and saw the features of Santana Row as a recruiting tool. BroadSoft will take occupancy around mid-2017. Nine other companies are tenants on Santana Row, including Experian, Si-Bone and Splunk, which relocated into 234k SF at 500 Santana Row within the past 30 days.
Santana Row includes 50 shops, 30 restaurants, a 215-room boutique hotel with full-service conference amenities, a 7k SF campus fitness center, two parks, multiple plazas with outdoor seating, 615 apartments and 219 condos.
Federal also started construction on 700 Santana Row November 2016, which will add 284k SF of office. The eight-story building at Olsen Drive offers 30k SF and 48k SF floor plates and headquarters-quality office space with concrete construction. The building features 13-foot ceiling clear heights, a 6k SF rooftop terrace and garden, and shuttle service that will take office tenants to Caltrain’s Diridon Station and VTA light rail service. Tenant build-outs will be ready by Q3 2018.
Newmark Cornish & Carey executive vice president Randy Gabrielson, senior vice president and managing director Todd Shaffer, and senior managing director Tracey Solari are the leasing agents for 700 Santana Row.