Autonomous Vehicle Company Nuro has signed a 114,000-square-foot lease at The Terra Bella in Mountain View, California, an office property owned by Kilroy Realty Corp. Serving as both an expansion and extension, the new lease more than doubles the company's current 56,000-square-foot footprint at the property.
Located at 1290-1300 Terra Bella Avenue, The Terra Bella is tech hub of Mountain View with major companies like Google and Microsoft located nearby. The lease with Nuro brings the Terra Bella to full occupancy.
The lease is another post-pandemic win for Kilroy, which has managed to find its footing despite the destabilization and waning demand in the office market. In San Diego, the company recently signed 330,000 square feet of lease transactions, some of which will require the redevelopment of current office space into life science facilities. Tandem Diabetes Care signed an 182,000-square-foot lease with the Kilroy, DermTech signed a 96,000-square-foot lease and Sorrento Therapeutics took 52,000 square feet. Nelson Ackerly, senior vice president of Kilroy, said the three leases illustrated the quality and flexibility of the firm's properties, particularly after initial leasing.
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