SAN JOSE—Santana Row, the shop, live, work, play campus, is steadily adding tenants, with 10 new companies recently inking new leases. And, there is more space to come in 700 Santana Row, a 291,000-square-foot office building to be located at the end of Santana Row. The eight-story structure, featuring 30,000- and 50,000-square-foot floorplates, offers headquarters-quality office space.
“The on-site amenities and walkable environment that Santana Row offers has proven to be a successful recruiting and retention tool for these companies. The demand for office space at Santana Row is thriving and our existing inventory is 100% leased,” Jan Sweetnam, Federal Realty Western region chief operating officer, tells GlobeSt.com. “We are under construction now on 700 Santana Row, with more office space for growth companies and headquarters operations, and we look forward to welcoming additional office tenants in our future.”
Santana Row's amenities include 50 shops, 30 restaurants, a 215-room boutique hotel offering conference facilities, two parks and multiple plazas with outdoor seating and free Wifi, 615 rental homes and 219 privately owned condominiums.
Ironically, the 700 Santana Row leasing company, Newmark Knight Frank, is relocating its Silicon Valley office to Santana Row. The brokerage company will locate 65 staff from its Santa Clara office to 18,451 square feet of space at 3055 Olin Ave. above Park Valencia by summer 2018.
“It's great to plant our flag at Santana Row. The location makes us even more accessible to regional, national and global clients with real estate needs in Silicon Valley and beyond,” said Charles Seufferlein, Newmark Knight Frank president, Northwest region.
Federal Realty owns, operates and redevelops retail-based properties located primarily in coastal markets from Washington, DC to Boston as well as San Francisco and Los Angeles. Some of the company's other projects include Pike & Rose in North Bethesda, MD and Assembly Row in Somerville, MA. These urban mixed-use neighborhoods combine shopping, dining, living and working, and provide a destination experience. Founded in 1962, Federal Realty's 96 properties include more than 2,800 tenants in approximately 22 million square feet and more than 1,800 residential units.
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Lisa Brown
Lisa Brown is an editor for the south and west regions of GlobeSt.com. She has 25-plus years of real estate experience, with a regional PR role at Grubb & Ellis and a national communications position at MMI. Brown also spent 10 years as executive director at NAIOP San Francisco Bay Area chapter, where she led the organization to achieving its first national award honors and recognition on Capitol Hill. She has written extensively on commercial real estate topics and edited numerous pieces on the subject.
