The most recent Largest Office Offers likewise Include: Alnylam Pharmaceuticals, Brock Group, Company Voice, EnteroMedics, Fullerton Engineering, Gener8, Great Basin Scientific, IBM, MabVax, Splunk and a lot more
Netflix, an on-demand Web streaming media supplier, will substantially broaden its head office in Los Gatos after agreeing to lease an added 242,500 square feet in two buildings presently in development in The Grove at Los Gatos on Albright Way.
Building for the two structures is arranged to begin later on this year and conclude year-end 2016. Building 3 is a 105,000-square-foot, three-story structure, while Structure 4 steps 137,500 square feet over 4 stories.
In addition to the expansion in Los Gatos, Netflix has actually leased 200,052 square feet at the ICON workplace tower in advancement at 5808 W. Sundown Blvd. in L.a. The building is slated to deliver December 2016.
Steve Horton, Brandon Bain and Kelly Yoder of DTZ represented The Sobrato Organization in the Los Gatos offer, while Jeffrey Black of CBRE represented Netflix.By Enid Guerrero Netflix Preleases 200,000 SF at Icon Tower in Hollywood Netflix, the world’s leading internet TELEVISION and streaming video company, has actually contracted with Hudson Pacific Characteristic Inc. to rent 200,052 square feet at the ICON workplace tower presently increasing at 5808 W. Sunset Blvd. in Los Angeles, CA. The 14-story, 323,273-square-foot workplace structure is under construction with architect Gensler Architecture Design & Planning, within the Sunset Bronson Studios school in the Hollywood/ Silver Lake submarket & of Los Angeles County. The lease will certainly commence on December 1, 2016 in combination with the set up shipment date. Netflix currently has more than 65 million subscribers in more than 50 nations. Hudson Pacific Characteristic is concentrated on obtaining, establishing and running state-of-the-art media and entertainment properties in West Coastline markets. Blake Mirkin, Robert Waller, Christine Spinale, Patrick Amos, and Daniel Rainer with CBRE represented the landlord.By Raul Lozoya Splunk
Leases 233,100 SF in San Jose’s Santana Row Splunk, a software business for analytics, rented 233,100 square feet at 500 Santana Row in San Jose. The building is still under building and the business prepares to move
into the building sometime in 2016. The company’s brand-new research study and office center is in a prime location in the South Bay. This new space will certainly be an addition to Splunk’s headquarters in San Francisco. Todd Shaffer and Tracey
Solari of Newmark Cornish & Carey represented the proprietor. Armand Tiano, also of Newmark Cornish & Carey, represented Splunk.By Enid Guerrero IBM Subleases 160,000 SF in Cambridge IBM(NYSE:
IBM), a multinational technology and consulting corporation that manufactures hardware, will develop a presence at Alexandria at Kendall
Square after reaching an offer to sublease 160,000 square
feet from Cambridge-based pharmaceutical company, Ariad Pharmaceuticals. The business will inhabit the leading 2 floors at 75-125 Binney St., a 395,000-square-foot, five-story workplace building finished this previous May in Boston’s E Cambridge/Kendall Square submarket. Ted Lyon and Joseph Fallon with DTZ represented the sublessor, Ariad, in negotiations.By Ryan Stambaugh Uniforms Direct Leases 53,000 SF at Tower 101 Uniforms Direct has actually rented 52,683 square feet for its home office in the Tower 101 office structure at 101 NE 3rd Ave. in Fort Lauderdale, FL. The offer marks the largest office lease this year in the Downtown Fort Lauderdale submarket, according to JLL, which keeps in mind the downtown office tenancy rate has actually climbed from 79 % to 93 % over the previous 12 months alone. The company of quality uniforms and scrubs will be relocating from Ranch, FL in early 2016, when 200 staff members will certainly take tenancy of the entire penthouse and 20th floors in addition to half of the
19th and 16th floors there. Tower 101 is a 21-story, 177,599-square-foot, 4-Star building constructed in 2001 on two-thirds of an acre in Broward County, north of Broward Blvd. and surrounding to the Federal Courthouse in the city’s CBD. Uniforms Direct will certainly anchor the structure, signing up with occupants like Kemet Corp., Greater Fort Lauderdale Convention & Visitors Bureau, the City of Fort Lauderdale, and Benefit Opco LLC. Banyan Street Capital obtained the
asset in July 2012 for$28.7 million, according to CoStar information. The owners finished a common-area restoration in 2014 at this tower and the surrounding 101 Centre workplace structure, which totals 50,205 square feet over six floors. Alice Lucia Jackson and Brady Titcomb with JLL represented the landlord in lease negotiations. Matthew Cheezem and Zach Wendelin at Cresa represented the renter.
“We continue to see a market shift as renters transfer from the suburbs to Downtown Fort Lauderdale. The relocation of Uniforms Direct’s headquarters will have a positive influence on downtown’s job rate, set to drop to 12.7 %, “noted Titcomb, talking about the continued change of Downtown Fort Lauderdale and its positive effect on the office market.”Among the factors drawing tenants to Fort Lauderdale’s urban core is the live-work-play environment materializing, making it more attractive for occupants and including features like cafes and dining establishments. “By Justin Sumner Loandepot.com Broadens to 50,000 SF in Scottsdale Loandepot.com, a loan underwriting and mortgage banking company, signed a long-lasting lease for about 49,787 square feet in the workplace structure at 14000 N. Pima Rd. in Scottsdale, AZ. The three-story building totals 144,959 square feet and was constructed in 2002. Loandepot.com’s lease includes the very first and 3rd floor. Other occupants leasing space in the building include Bridge2 Solutions and Pegasus. John Gillespie of Newport Commercial Realty Advisors represented the renter. Tim Whittemore and Chris Nord of Cushman & Wakefield represented the proprietor, ASB Capital Management LLC.By Patrick Ashton Alnylam Pharmaceuticals Leases 48,599 SF in Cambridge Approximately six months after signing a deal for 23,350 square feet, Alnylam Pharmaceuticals currently expanded its footprint at 101 Main St. in Cambridge, accepting a lease for an additional 48,599 square feet at the 18-story high-rise. Built in 1983, 101 Main completes 341,830 square feet within the Riverfront
Workplace Park in the E. Cambridge/Kendall Square submarket of Boston. Other tenants in the building include Amazon and CIC. David Townsend of Cushman & Wakefield represented the landlord, Deutsche Bank AG, while Transwestern RBJ represented
the tenant.By Fran Koerner iCIMS Indicators Long-Term Lease at Metro Park South
I. iCIMS, a leader in candidate tracking and HR software, has actually signed a long-term lease for 47,750 square feet at 100 Matawan Rd. in Matawan, NJ. The occupant will anchor Metro Park South I, the 132,000-square-foot facility that was recently remodelled and includes an atrium, veranda, and on-site management. David Zimmel of Zimmel Associates Inc. represented the proprietor, Denholtz Associates. Joseph Sarno of CBRE represented the tenant.By Timothy Stuart The Brock Group Indications Lease in Houston. The Brock Group, a leading industrial specialized providers, signed a lease for 38,240 square feet at 4440 SH 225 in
Houston, TX. The
two-story building totals 78,000 square feet in the Deerwood Glen Business Park. The building was finished the very first quarter of 2015. The Brock Group will occupy the whole second floor, which leaves about 21,000 square feet
readily available for lease on the first floor. Walker Barnett and Gary Mabray of Colliers International represented the property owner, while Bryant Lach, Mark O’Donnell and Derrell Curry of Savills
Studley represented the tenant.By Chaka Baker Republic Services Leases 35,000 SF. Republic Solutions, the second biggest non-hazardous waste management business
in the U.S., leased 35,034 square feet at the Desert Ridge Corporate
Center Phase II workplace structure at 20830 N. Tatum Blvd. in Phoenix, AZ. The 137,225-square-foot workplace building is located on a 6.2-acre parcel in the Paradise Valley submarket of Maricopa County. Expense Blake, Andrew Cheney, Craig Coppola, and Gregg Kafka of Lee & Associates represented the proprietor, Ryan Companies United States Inc. Gary Gregg, Mike Gordon, and Eric Walker with Cresa represented the tenant.By Matt Mendoza Company Voice Indications Renewal, Expansion at Harvest Point. Business Voice, a full-service incoming and outgoing contact center, has signed a seven-year lease renewal and expansion completing 34,525 square feet at 930 Harvest Dr. in Blue Bell, PA. Harvest Point is an 118,706-square-foot workplace building within the 475,000-square-foot Union Satisfying Corporate Center office complex in Montgomery County. Built in 1991, the structure was granted Energy Star labels in 2010 and 2011. Company Voice renewed its very first
floor space of 16,473 square feet and broadened into an added 18,052 square feet on the third floor. Thomas Hansen of Hansen Properties represented the renter. Patrick Nowlan and Taylor King of Newmark Grubb Knight Frank represented the property manager, Balashine Properties.By Fall George Fullerton Engineering To Transfer Corporate HQs. Fullerton Engineering Consultants
Inc. signed a
lease for 31,924 square feet at 1100 E. Woodfield
Rd., also called 2 Woodfield Lake. The structure belongs to the 103-acre Woodfield Lake Office Park in Schaumburg, IL. Fullerton will certainly move its home office to the new place in December
2015. Pittsburgh-based McKnight Realty Partners obtained the five-story, 240,880-square-foot structure in 2004. Fullerton will occupy the fifth floor and have access to three separate personal balconies ignoring the lake. Expense Saviski and Mark Smith
of CBRE represented the proprietor in the transaction, while Wayne Shulman of Newmark Grubb Knight Frank represented Fullerton.By Adam Bush CareFirst BlueCross BlueShield
Expanding into 29,000 SF. CareFirst BlueCross BlueShield signed
a lease to broaden into 29,397 square feet on the fourth floor at 1250 Maryland Ave. SW in Washington, D.C. The health care insurer currently occupies 133,562 square feet within the 495,900-square-foot, eight-story building, which delivered in 1992 within The Websites workplace park. In addition to the growth, CareFirst extended its whole lease through December 2025.
Other tenants in the structure include the FAA and the FCC. Callie Clemons and Mark Sullivan of DTZ represented the property owner in the transaction, while Philip Leibow and
Alex Lassar of JLL represented CareFirst.By Adam Kosna EnteroMedics Extends in Minnesota for 3 More Years. EnteroMedics Inc. changed its lease with Roseville Characteristic Management Co. The deal extends the term for 3 years until Sept. 30, 2018, and sets the base rent for each of the 3 years. Under the Lease Change the company likewise has the right to restore the lease for one three-year term. EnteroMedics has actually been leasing the 28,388 square feet of space at the property at 2800 Patton Roadway in Roseville, Minnesota because October 2008. By Mark Heschmeyer Gener8 Maritime Renews 28,000-SF Lease at UBS Bldg. Gener8 Maritime Inc., an international seaborne petroleum transportation services provider, signed a 10-year lease renewal for 28,326 square feet in the UBS Structure at 299 Park Ave. in New York, NY. The 42-story, 1.17 million-square-foot, 5-Star workplace structure was originally built in 1967 in the Plaza District submarket of Manhattan, between 48th and 49th Streets. Gener8 Maritime’s lease includes the entire second floor in the building, likewise home to numerous occupants consisting of GE Capital, Capital One Services, and American Securities Capital Partners. Glenn Isaacson and Jared Isaacson of CBRE represented the occupant. Marc Packman and Jessica Kanfer of Fisher Brothers Management Co. represented the landlord in-house. By Michael Hess Carpathia Hosting Subleases 25,024 SF in Dulles. Carpathia Hosting, a relied on supplier of compliant hybrid cloud computing services, has subleased 25,024
square feet of office at The Corporate Office Park @ Dulles Town Center, at 21000 Atlantic Blvd. in Dulles, VA. Carpathia originally leased 15,400 square feet at this location in 2010 for its head office, but the business is being acquired by QTS Real estate Trust and is now in requirement of more space. QTS Real estate Trust, a prominent national carrier of data center solutions and totally handled services, is acquiring Carpathia to develop one integrated infrastructure services powerhouse. DTZ’s Paul Darr and Alex Hancock represented the sublessor in the deal.By Walt Brown Aqua Metals Leases New Executive Offices. Aqua Metals Inc. entered into a lease agreement with an affiliate of Brookfield Property Group for 21,697 square feet of workplace and industrial area in a multi-building commercial job at 1010 Atlantic Ave., Suite 100, known as Marina Village in Alameda, California. Aqua Metals consolidated its current executive workplaces and engineering in the Marina Town facility
. It likewise means to assemble and deliver its AquaRefining modules from the facility
. The lease term is 76 months ending December 31, 2021. It has one option to extend the lease for five years.By Mark Heschmeyer Great Basin Scientific Adds Another Location in Salt Lake
City. Terrific Basin Scientific Inc. became part of a workplace lease with Bay Pacific East South Temple LLC to rent 19,500 square feet of office at 420 E. South Temple, Suite 520, in Salt Lake City, UT for use as its new executive offices and
labs. The lease commences later this month and terminates 65 months later. Nevertheless, 6,088 square feet of the space is on a month-to-month lease. The business presently leases
33,000 square feet of workplace and manufacturing area at 2441 South 3850 West in Salt Lake City, through April 30, 2016. It will continue to utilize that area for manufacturing space.By Mark Heschmeyer Wireless Zone Leases 18,000 SF in Rocky Hillside. Wireless Zone rented 18,328 square feet at the I-91 Tech Park Bldg 5, at 795 Brook St. in Rocky Hill.
Occupancy is scheduled for October. The single-story, 33,350-square-foot workplace structure was constructed in 1989 in the Rocky Hillside submarket of Hartford. Wireless Zone is the biggest independent Verizon Wireless franchise in America, offering the latest in cellular phones, devices, and service. Robert Kelly of Cushman & Wakefield Inc. represented the property manager, MKS
Tech Park LLC.By Cindi Nowak TriColor Auto Group Leases 17,310 SF at 1111 Tower. TriColor Auto Group, a Dallas-based secondhand car dealership, signed a lease for 17,310 square feet in the 1111 Tower structure at 1111 W. Mockingbird Ln. in Dallas. TriColor is a series of made use of vehicle dealerships, with areas in Dallas, Houston, Austin, San Antonio, and Oklahoma City. By November 2015, the company will certainly occupy the whole top floor of the 268,742-square-foot Class An office structure, which was fully renovated in 2013. 1111 Tower is presently 40.6 % vacant, with the entire 4th-6th, 9th, and 14th floors presently offered for lease with Paladin Partners. The home was already 65 % uninhabited when it sold to the current owners, Ricchi Investments, in 2012, according to CoStar details. Ben Appleby, Russell Podraza and Travis Moore with Paladin Partners manage renting on the home, and represented the property manager, Ricchi Investments, in the offer. Cribb Altman and Billy Gannon, with Cushman & Wakefield of Texas Inc., represented TriColor.By Ben Harris Clarus Marketing Group Leases 17,000 SF in Rocky Hill. Clarus Marketing Group LLC has signed
a brand-new lease for 17,272 square feet at 500 Business Dr. in Rocky Hillside,
CT. The renter will take tenancy of the area in fall 2015. The four-story, 302,000-square-foot, 4-Star office structure was built in 1988 on 32.7 acres in the Rocky Hillside submarket of Hartford. Robert Kelly of Cushman & Wakefield Inc. represented the landlord.By Dina Thomas MabVax Signs for New Corporate HQs. MabVax Rehab Holdings Inc. entered into a lease with AGP Sorrento Business Complex LP for 14,971 square feet of office and
laboratory space in buildings at 11535-Sorrento Valley Road, Suite 400, in San Diego to work as the business’s business offices and labs. The lease will certainly commence when the premises are ready for tenancy, presently anticipated to be Nov. 1, 2015. The lease terminates 6 years after later on. MabVax has an option to extend for a single, five-year period.By Mark Heschmeyer Chesapeake Regional Hospital Takes 13,279 SF. Chesapeake Regional Medical facility Authority, a unified healthcare system, rented 13,279 square feet in the workplace building at 600 Independence Pky. in Chesapeake, VA. The 97,359-square-foot building, constructed in 1998,
is known as the Chubb Life Building. The Health center Authority’s lease inhabits part of the second floor of the structure. Wesley Edwards of JLL represented the property owner, while Christine Kaempfe of Cushman & Wakefield|Thalhimer represented the Chesapeake Regional Healthcare facility Authority.By Cooper Stevenson Rate Center for Girls Restores 13,000-SF Lease. Speed Center for Girls, a Florida-based non-profit organization, restored its lease for 13,132 square feet in the workplace structure at 445 N. Wymore Rd. in Winter Park, FL. The & 13,132-square-foot building was built in 1969. It can be seen from I-4 and is in between Lee Road and Fairbanks Ave. Lee Zerivitz of City Commercial represented the landlord, Clayton Structure II LLC.By Lauren Ashleigh Ayler Ambarella Extends, Expands in Santa Clara. Ambarella Corp. changed its lease with DPF Jay Owner LLC to handle
another 11,668 square feet of office space at its current center at 3101 Jay St. in Santa Clara, California.
Ambarella anticipates taking possession of the expansion area in the first half
of 2016. The regard to the lease, for both the existing office space in addition to the expansion space, will be extended by 24 months and will end on May 31, 2020. By Mark Heschmeyer