“The move to Sunnyvale is reflective of Bosch's ongoing commitment to innovation and continuous improvement,” said Mike Mansuetti, president, Robert Bosch LLC. “Not only is the new location larger and better suited for collaboration, it will also better position our associates to interact with the large, vibrant ecosystem of universities, research institutes, technology companies and startups that are key to our success in Silicon Valley.”

The new space is a four-floor building consisting of research labs, workshops, garage space, meeting rooms and administrative workspace. The space will be designed using Bosch's philosophy of Inspiring Working Conditions, which incorporates technology and workspaces that foster innovation, collaboration, creativity, productivity, work/life balance and associate satisfaction. As part of this philosophy, the facility also will include wellness rooms, outdoor seating, gathering spaces, game rooms, music rooms, collaborative areas and other creative spaces.

“Associate input was a key consideration for the relocation,” Mansuetti said. “Bosch factored in commuting patterns, access to public transit and local amenities to find the best location for our team to thrive.”

Bosch established its presence in Silicon Valley nearly 20 years ago. The Bosch research and technology center in Palo Alto was founded in 1999 with three associates, GlobeSt.com learns. Today, some 100 corporate research associates conduct advanced R&D in key growth areas for the company, including artificial intelligence, data mining, automated driving systems, robotics, advanced circuits and sensors as well as battery technology.

“First and foremost, we want to commend all parties on their efforts to finalize a complicated transaction over a short period of time. Clarion Partners is thrilled about the opportunity of establishing a long-term relationship with such a dynamic and innovative firm. Bosch is not only a global supplier of technology and services, but also an exceptional corporate citizen with a long and rich history of operating in Silicon Valley for nearly 20 years. This is an incredible outcome for the asset and for the city of Sunnyvale, which will benefit from a remarkable new firm in the market,” said Khalid Rashid, senior vice president for Clarion Partners. 384 Innovation Square is owned by a separate account advised by Clarion Partners.

The Bosch research and technology center benefits from its proximity to many high-tech companies and academia. Through its internal startup platform and subsidiary Robert Bosch Venture Capital, Bosch keeps its finger on the pulse of Silicon Valley's startup culture. In addition, associates from multiple Bosch divisions work at the center on advanced R&D programs.

Clarion Partners LLC and leasing agent CBRE Group Inc. executed the lease. Cushman & Wakefield's Rich Hardy, Sethena Leiker and Kent Ilhardt represented Robert Bosch LLC and Joe Kelly of CBRE represented Clarion Partners.

“The Sunnyvale class-A office market has seen tremendous growth over the last several years, and this decision again validates that story. Bosch's commitment to research and technology is a microcosm of how and why Silicon Valley continues to reinvent itself, and shape our future,” adds Kelly.

SUNNYVALE, CA—384 Innovation Square was built in 2013. It is among Silicon Valley's newest developments and is comprised of a steel-framed LEED Gold structure.

In 2015, Clarion Partners acquired the building, which was then 100% occupied by a technology firm. Subsequently, the existing tenant was acquired and its employees were relocated to another facility.

Fast forward to today and tech supplier Robert Bosch LLC will relocate its Palo Alto-based research and technology center in Stanford Research Park to Innovation Square. All parties worked within a short window of time to terminate the original lease and execute a new direct lease between Clarion Partners and Robert Bosch LLC. The Sunnyvale lease represents a $40 million commitment for 10 years.

Bosch corporate research, Robert Bosch Venture Capital and various Bosch business divisions will move into the 104,000-square-foot single-tenant office at 384 Santa Trinita Ave. by the end of this year. The move consolidates 300 associates from three suites in Palo Alto into one workspace, aimed at inspiring collaboration and innovation, and gives the company 40% more space than its current location, GlobeSt.com learns.

“The move to Sunnyvale is reflective of Bosch's ongoing commitment to innovation and continuous improvement,” said Mike Mansuetti, president, Robert Bosch LLC. “Not only is the new location larger and better suited for collaboration, it will also better position our associates to interact with the large, vibrant ecosystem of universities, research institutes, technology companies and startups that are key to our success in Silicon Valley.”

The new space is a four-floor building consisting of research labs, workshops, garage space, meeting rooms and administrative workspace. The space will be designed using Bosch's philosophy of Inspiring Working Conditions, which incorporates technology and workspaces that foster innovation, collaboration, creativity, productivity, work/life balance and associate satisfaction. As part of this philosophy, the facility also will include wellness rooms, outdoor seating, gathering spaces, game rooms, music rooms, collaborative areas and other creative spaces.

“Associate input was a key consideration for the relocation,” Mansuetti said. “Bosch factored in commuting patterns, access to public transit and local amenities to find the best location for our team to thrive.”

Bosch established its presence in Silicon Valley nearly 20 years ago. The Bosch research and technology center in Palo Alto was founded in 1999 with three associates, GlobeSt.com learns. Today, some 100 corporate research associates conduct advanced R&D in key growth areas for the company, including artificial intelligence, data mining, automated driving systems, robotics, advanced circuits and sensors as well as battery technology.

“First and foremost, we want to commend all parties on their efforts to finalize a complicated transaction over a short period of time. Clarion Partners is thrilled about the opportunity of establishing a long-term relationship with such a dynamic and innovative firm. Bosch is not only a global supplier of technology and services, but also an exceptional corporate citizen with a long and rich history of operating in Silicon Valley for nearly 20 years. This is an incredible outcome for the asset and for the city of Sunnyvale, which will benefit from a remarkable new firm in the market,” said Khalid Rashid, senior vice president for Clarion Partners. 384 Innovation Square is owned by a separate account advised by Clarion Partners.

The Bosch research and technology center benefits from its proximity to many high-tech companies and academia. Through its internal startup platform and subsidiary Robert Bosch Venture Capital, Bosch keeps its finger on the pulse of Silicon Valley's startup culture. In addition, associates from multiple Bosch divisions work at the center on advanced R&D programs.

Clarion Partners LLC and leasing agent CBRE Group Inc. executed the lease. Cushman & Wakefield's Rich Hardy, Sethena Leiker and Kent Ilhardt represented Robert Bosch LLC and Joe Kelly of CBRE represented Clarion Partners.

“The Sunnyvale class-A office market has seen tremendous growth over the last several years, and this decision again validates that story. Bosch's commitment to research and technology is a microcosm of how and why Silicon Valley continues to reinvent itself, and shape our future,” adds Kelly.