SANTA CLARA — A tech firm that gives a big selection of information storage services has signed a deal to hire an enormous chunk of workplace area in Santa Clara.
Pure Storage has signed a deal to sublease roughly 330,000 sq. ft of workplace area in Santa Clara Sq., an enormous mixed-use tech, housing and retail complicated in Silicon Valley, based on info from the corporate and JLL, a industrial actual property agency.
The rental deal enabled Pure Storage to sublease two workplace buildings from Analog Units, which is able to vacate each buildings it at present occupies within the Santa Clara Sq. complicated.
“Pure Storage has known as the Bay Space residence since our founding greater than a decade in the past,” stated Rena Fallstrom, a spokesperson for Pure Storage. “Our transition to our new Santa Clara headquarters within the spring of 2023 is a part of our continued dedication to additional develop our presence right here.”
At current, the corporate’s headquarters are situated in an workplace constructing in downtown Mountain View. The Santa Clara sublease represents an growth for Pure Storage.
The corporate subleased all of 2555 and 2565 Augustine Dr. in Santa Clara. The 2 buildings collectively complete about 330,000 sq. ft.
Brokers Bart Lammersen, Steve Clark and Joe Lengthy of JLL, a industrial actual property agency, represented Pure Storage within the transaction and the corporate’s seek for area. Cushman & Wakefield, a industrial actual property agency, had been advertising the 2 workplace buildings for sublease.
“We'll spend the second half of this 12 months making ready the area to help Pure’s distinctive tradition,” Fallstrom stated.
Analog Units leased the 2 buildings in 2018 as a part of a relocation from Milpitas. Just a few years later, in 2021, Analog Units eradicated 255 jobs in Milpitas, marking an total retrenchment in Silicon Valley.
The buildings might probably accommodate 1,300 to 1,600 workers, based mostly on typical sq. footage per worker.
Pure Storage intends to organize the brand new workplace area to accommodate the brand new realities of how tech firms function throughout the coronavirus period.
“The brand new campus will allow us to prioritize the well being, security, and wellness of our hybrid workforce whereas offering more room and adaptability as we proceed to develop and improve our enterprise agility to drive Pure’s success for many years to come back,” Fallstrom stated.