As occupiers adjust their office footprints in the San Francisco area—with many downsizing and a few expanding—subleasing activity increasingly is providing an outlet to facilitate these adjustments.
Data storage player Pure Storage recently announced it will expand into a new headquarters location by subleasing 333K SF office space in Santa Clara Square, a mixed-use tech, housing and retail complex in the northern California city of the same name.
After relocating from its current 250K SF office footprint in Mountain View, CA, Pure Storage plans to put the Mountain View space up for sublease. The move is scheduled for next year, according to a report in The Mercury News.
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