Law Firm Renews 119K SF Lease In East Palo Alto

Jeff Peters/Vantage Point Photography/Courtesy of Columbia Property Trust
University Circle In East Palo Alto

Columbia Property Trust renewed a 119K SF lease with DLA Piper at its University Circle office in East Palo Alto. The renewal will be effective June 2018 and run through June 2023. The renewal will keep the 451K SF University Circle complex 100% leased. This lease was Columbia’s largest remaining 2018 lease expiration on its portfolio, according to Columbia President and CEO Nelson Mills.

Other tenants in the complex include other law firms as well as tech tenants Amazon Web Services and NTT Innovation Institute. The University Circle campus includes three office buildings completed in 2003, in which Columbia owns a majority interest, and Four Seasons Hotel Silicon Valley, which is under separate ownership. Columbia is undertaking an enhancement of the campus’s central courtyard to create a more collaborative and entertaining communal space, which should be ready for tenants later this year.

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

Cross Ocean Partners, Fuller Realty Acquire 829K SF Houston Office Campus

NYC Office Investor Warns It Could Go Under As Defaults Pile Up

Deutsche Bank Takes 5 Floors At Oaktree And Quadrant's Canary Wharf Scheme

Coconut Grove Office Flipped For $15M Gain After One Year

D.C.'s Office Market Is Getting A Makeover

Oxford Properties Pays $435M For Boston Office Tower, Eyes More Deals

Judge Rules FBI Can't Scrap Maryland Headquarters Plan

EXCLUSIVE: Opal Holdings' Former 700K SF Suburban Chicago Office Campus Hits The Market

Judge Approves $70M Sale Of Philly's Largest Office Complex

Brookfield Offloads 3-Building Silver Spring Office Complex

Wildfires Reignite Case For Landlords To Invest In Air Quality

3 Suburban Philly Office Buildings With Strong Occupancy Hit The Market