Every week, we compile a digest of some recent deals from the CompStak database. We hope you will find the information helpful.
San Jose: Company Signs on Technology Drive
A networking company currently in stealth mode, signed a new lease at 1740 Technology Drive in San Jose. The company will pay rent in the low-$2.00s PSF for the 12,662 SF space, which is in line with other leases in the building. The term of the lease is just two years. The venture recently received $33 million in investment from Sequoia Capital.
Oakland: Publishing Company Moves in on Grand Avenue
It recently moved into its new space at 155 Grand Avenue in Oakland. The company will pay rent in the mid-$2.00s PSF for the 23,713 SF space. The term of the lease is 10 years and eight months.
San Jose: Lighting Group Signs on East Gish Road
It signed a new lease at 238 East Gish Road in San Jose. The company will pay rent a little under $1.00 PSF for the 5,050 SF space. The term of the lease is three years, and the lease includes around $10 PSF in TI.