Every week, we compile a digest of some recent deals from the CompStak database. We hope you will find the information helpful.
Software Company Moves from Sunnyvale to San Jose
A privately-held, DevOps optimization software company will move from Sunnyvale to Downtown San Jose in a new lease at 35 South Market. The company will pay starting rent in the mid-$2.00s per square foot for its new 18,622 square foot space, which is only slightly more than its Sunnyvale lease signed almost two years ago. The term of the new lease is four years.
Online Real Estate Site to Take Six Floors at 535 Mission Street
The residential site for home-buyers and real estate professionals is set to take six floors in the soon to be completed 535 Mission Street. The real estate tech company will pay starting rent in the low-$40s per square foot for just under 80,000 square feet of space. The term of the lease is eight years and 11 months and will commence in the fall of 2014. To view listings in the building, visit 42floors
Education Company Signs in Sunnyvale
Signed a new lease at 1050 Enterprise Way in Sunnyvale, the education company will pay starting rent in the mid-$3.00s per square foot for the 11,319 square foot space. The term of the lease is five years and two months. A Chinese Internet giant also recently signed in the same building complex.