Construction is well underway for Federal Realty Investment Trust’s latest 284k SF office building at 700 Santa Row in San Jose. The eight-story building at Santa Row at Olsen Drive will offer floor plates ranging from 38k to 48k SF, modern architecture and headquarters-quality space with concrete construction.
This newest building falls on the heels of Federal Realty’s six-story office building at 500 Santa Row, which was fully leased to Splunk last year. Occupancy will begin this month.
The office building will include 13-foot ceilings, open floor plans and plenty of natural lighting, according to Federal Realty Western Region CEO Jan Sweetnam. The building will have a loft-like feel similar to buildings in San Francisco’s SoMa and other city cores, Jan says.
The office building will offer a three per thousand dedicated parking ratio and a 15k SF rooftop terrace and garden. Shuttle service to nearby Caltrain and VTA light rail services also will be offered to tenants. The building will be ready for tenant build-out during the third quarter of 2018.
Santana Row includes 50 shops, 30 restaurants, a 215-room boutique hotel, two parks, plazas with outdoor seating and free WiFi, 615 rental homes and 219 condos.
Newmark Cornish & Carey is the leasing agent for the project, which is being designed by WRNS Studio. The general contractor is Devcon Construction.
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