SAN JOSE, CA-Those who follow @GlobeStcom on Twitter and @GlobeStLIVE may have seen a post teasing the announcement, but GlobeSt.com has learned that Orange County, CA-based Bixby Land Co. has signed an eight-year lease with Nimble Storage to occupy a newly redesigned 165,000-square-foot Silicon Valley office campus at River Oaks Parkway and Zanker Road here. The developer transformed the three-building project in June 2012 into “a vibrant work environment to meet the needs of today's workforce.”
According to company president and CEO, Bill Halford, “Companies are increasingly seeking office space with dynamic, collaborative work environments and high quality amenities in order to attract and retain top talent.” Bixby incorporated significant upgrades to building elevations in its contemporary redesign.
Nimble Storage is a rapidly growing storage software company that develops flash-optimized storage architecture, according to a prepared statement. The firm will use the new location for its US headquarters, and also operates with offices in Australia, Germany and the U.K. Nimble Storage is relocating from a neighboring location on Zanker Road.
The total lease consideration is valued in excess of $31 million. Bixby was represented by Steve Horton, Kelly Yoder and Erik Hallgrimson of Cassidy Turley.
Steve Lico and David Tipton of Cresa Partners represented the tenant.
This transaction represents the second corporate headquarter project completed and leased by Bixby Land Company in Silicon Valley in the past year, according to a prepared statement. The firm previously leased a two-building, 127,000-square-foot office campus to Infoblox in May 2012, as GlobeSt.com reported.
Bixby Land Co. also notes that it plans a May 2013 announcement for yet another major office campus redesign in San Jose.
GlobeSt.com will post more information on that office campus as more information becomes available.
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Natalie Dolce
Natalie Dolce, editor-in-chief of GlobeSt.com and GlobeSt. Real Estate Forum, is responsible for working with editorial staff, freelancers and senior management to help plan the overarching vision that encompasses GlobeSt.com, including short-term and long-term goals for the website, how content integrates through the company’s other product lines and the overall quality of content. Previously she served as national executive editor and editor of the West Coast region for GlobeSt.com and Real Estate Forum, and was responsible for coverage of news and information pertaining to that vital real estate region. Prior to moving out to the Southern California office, she was Northeast bureau chief, covering New York City for GlobeSt.com. Her background includes a stint at InStyle Magazine, and as managing editor with New York Press, an alternative weekly New York City paper. In her career, she has also covered a variety of beats for M magazine, Arthur Frommer's Budget Travel, FashionLedge.com, and Co-Ed magazine. Dolce has also freelanced for a number of publications, including MSNBC.com and Museums New York magazine.
