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Lumenis Inks 85,501-SF Office Lease

SANTA CLARA, CA-The maker of laser light technology for medical and cosmetic applications leases an entire building within the Marriott Business Park and will relocate its local operation there in January.

By Brian K. Miller | Updated on August 21, 2006

SANTA CLARA, CA-Lumenis Ltd. has leased an 85,501-sf building within Marriott Business Park here for six years. The maker of laser light technology for medical and cosmetic applications signed a six-year lease for 5302 Betsy Ross Dr., a two-story building that has been empty for about 18 months.

The building owner is HDP Assoc. LP, which owns about one million sf within Marriott Business Park. Yoav Ben-Shushan (Starboard Commercial Real Estate/TCN Worldwide) and Jere Hench (Wayne Mascia Associates/TCN Worldwide) represented Lumenis in the transaction. Steve Horton of CPS/Corfac International represented HDP Assoc.

Hench tells GlobeSt.com that Lumenis is relocating from a similar amount of less efficient space at 2400 Condensa St., also in Santa Clara, that it shared with the building owner, Coherent. “The company wanted to upgrade their space before rental rates rose too high and they wanted their own image; they did not want to share their space,” he says.

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