 |
| OFFICE MARKET OVERVIEW |
| |
Q3 Stats |
One Quarter
Change
|
One Year
Change |
 |
| Vacancy |
3.20% |
 |
 1.20% |
|
| Asking Rate (Annual) |
$84.89
|
 $1.34 |
$7.17 |
|
| LARGEST DEALS COMPLETED IN Q3 |
| Tenant |
Address
|
Size (SF) |
| Slack |
45 Fremont St. |
208,459 |
|
| Sony Corporation |
303 Second Street |
130,888 |
|
| Glassdoor, Inc. |
50 Beale Street |
116,000 |
|
| Autodesk |
50 Beale Street |
115,000 |
|
| Workday |
160 Spear Street |
74,430 |
|
|
| OFFICE MARKET OVERVIEW |
| |
Q3 Stats |
One Quarter
Change
|
One Year
Change |
|
| Vacancy |
8.97% |
2.10% |
2.40% |
|
| Asking Rate (NNN) |
$6.45
|
$0.04 |
$0.26 |
|
| LARGEST DEALS COMPLETED IN Q3 |
| Tenant |
Address
|
Size (SF) |
| Enjoy Technology, Inc. |
3240 Hillview Ave. |
27,032 |
|
| Finnegan Henderson Farabow Garrett & Dunner, LLP |
3300 Hillview Ave. |
23,109 |
|
| Advent International Corporation |
428 University Ave. |
15,408 |
|
| Lowenstein Sandler, LLP |
390 Lytton Ave. |
13,416 |
|
| Alston & Bird, LLP |
5 Palo Alto Square |
7,595 |
|
|
| OFFICE MARKET OVERVIEW |
| |
Q3 Stats |
One Quarter
Change
|
One Year
Change |
|
| Vacancy |
5.07% |
0.16% |
1.55% |
|
| Asking Rate |
$5.86 |
$0.54 |
$0.79 |
|
| LARGEST DEALS COMPLETED IN Q3 |
| Tenant |
Address
|
Size (SF) |
| Confluent Software |
899 W. Evelyn Ave. |
70,232 |
| Humu, Inc. |
100 View St. |
31,745 |
|
| Ghost Locomation |
900 Villa Street |
24,278 |
|
| TCI, LLC |
2440 W. El Camino Real |
21,646 |
|
| Loop Commerce/Synchrony |
150 W. Evelyn Ave. |
14,878 |
|
|
| OFFICE MARKET OVERVIEW |
| |
Q3 Stats |
One Quarter
Change
|
One Year
Change |
|
| Vacancy |
9.87% |
2.78% |
6.25% |
|
| Asking Rate |
$3.87 |
$0.05 |
$0.11 |
|
| LARGEST DEALS COMPLETED IN Q3 |
| Tenant |
Address
|
Size (SF) |
| Google, Inc. |
60 E. Brokaw Rd |
728,335 |
|
| ZScaler, Inc. |
120 Holger Way |
172,405 |
|
| Roku, Inc. |
1143 Coleman Ave. |
162,557 |
|
| McAfee Associates |
6200 America Center Dr. |
84,273 |
|
|
| OFFICE MARKET OVERVIEW |
| |
Q3 Stats |
One Quarter
Change
|
One Year
Change |
|
| Vacancy |
13.69% |
0.40% |
0.97% |
|
| Asking Rate |
$5.26 |
$0.74 |
$0.58 |
|
| LARGEST DEALS COMPLETED IN Q3 |
| Tenant |
Address
|
Size (SF) |
| Upstart Holdings, Inc. |
2950 Delaware Street |
48,353 |
|
| The Pill Club |
411 Borel Avenue |
18,116 |
|
| One Signal |
2850 Delaware Street |
17,883 |
|
| Armory |
100 S. Ellsworth Ave. |
16,742 |
|
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