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1/23/12
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Equity Office locked up leases totaling 4.2 msf of space in its Northern California portfolio during 2011. In addition, the company sold its award winning Station Landing development in Walnut Creek and received numerous industry awards for its operations group.
Equity Office, one of the largest owners of commercial office space in the US, owns and manages a portfolio in the San Francisco Bay Area that includes 18 msf of Class A office space located in the North Bay, East Bay, Peninsula and Silicon Valley. The portfolio encompasses over 220 buildings, a 72-room hotel, and 85 acres of land in key locations in Silicon Valley entitled for 3.6 msf of new office space and a 200-room hotel.
"Our success in 2011 speaks to the quality and location of our assets and the reputation and expertise of our tenant services platform," said John Moe, Managing Director, Northern California. "As a result, the Equity Office model and portfolio has been able to accommodate the growth of some of the nation's fastest growing technology companies."
Equity Office Bay Area leasing highlights during the past 12 months include:
• Atmel Corporation took 198k sf at Skyport Plaza, San Jose
• TeleNav leased 175k sf at Sunnyvale Business Center, Sunnyvale
• Symantec Corporation signed for 135k sf at Mountain View Gateway Center, Mountain View
• Magma Design Automation took 109k sf at Skyport Plaza, San Jose
• Microchip Technology Inc leased 98k sf at Corporate Technology Center, San Jose
• KPMG inked a deal for 78k sf at ,Mission Towers, Santa Clara
• Ubiquiti Networks signed for 65k sf at Valley Research Centre, San Jose
• Responsys Inc leased 58k sf at Bayhill Office Center, San Bruno
• Actuate Corporation agreed to a deal for 58k sf at San Mateo BayCenter, San Mateo
• Kabam leased 57k sf at Skyway Landing, San Carlos
• Harris myCFO inked a lease for 47k sf at Embarcadero Place, PaloAlto
• Xactly Corporation took 30k sf at 225 W. Santa Clara, San Jose
Other accomplishments for Equity over the year include: achieving LEED Gold Status for Ten Almaden in San Jose, Treat Towers in Walnut Creek and ShoreBreeze II in Redwood City. The firm also earned the BOMA 360 designation for 555 Twin Dolphin in Redwood City, and three San Jose BOMA TOBY ("The Office Building of the Year") awards for 1740 Technology Drive, Valley Office Centre and Skyport Plaza.
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