PALO ALTO, CA-Nimble Storage has signed a 34,395-square-foot office sub-lease at 2740 Zanker Rd. in San Jose. Nimble Storage is the developer of the first converged storage and backup solution.
The company is expanding and relocating to the 66,350-square-foot class A office building, one of seven buildings located in the Valley Technology Centre office park. The company currently occupies 13,500 square feet across the street at 2645 Zanker Rd. and is relocating to accommodate its growth and expand its footprint in Silicon Valley.
Dave Tipton and Steve Lico of CresaPartners in Palo Alto represented Nimble Storage the lease. According to Tipton, Nimble chose this site based on competitive pricing, virtual plug-and-play capabilities, and close proximity to its current location.
The company plans to be fully moved in October 2011. The sub-landlord, StarCite, was represented by Colliers International. The landlord is Equity Office Properties.
CresaPartners tells GlobeSt.com that they cannot divulge further information at this time regarding lease terms.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.