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BAY AREA NEWS
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Loring Ward Signs 43k sf Office Lease in San Jose

6/12/14

In a deal we’re told is the largest office lease in downtown San Jose year-to-date, Loring Ward has signed a long-term lease for 42.6k sf of Class A office space at Ten Almaden. Loring Ward, an investment manager based in Silicon Valley, will be relocating and expanding its offices from 25k sf at Santana Row in west San Jose.

Loring Ward is among several companies that have recently signed at Ten Almaden, situated at the prominent and highly visible corner of Almaden Blvd and West Santa Clara St. Other recent signings have included tech firms such as Apigee, Malwarebytes, Move.com, Rosetta and more. This latest lease brings the building to nearly 90% occupancy.

Bob Simpson, Erik Hallgrimson and Todd Beatty with Cassidy Turley represented the landlord, Equity Office Properties, in the transaction. Beatty and Brittain Cheney, also of Cassidy Turley, repped the tenant.

Ten Almaden provides immediate access to Hwy 87 and Interstates 280 and 680 and is convenient to Highways 101 and 85, making it readily accessible to and from any location in the Bay Area. It is also immediate to public transportation services and routes, including CalTrain and nearby the newly renovated Norman Y. Mineta San Jose International Airport. At 17 stories tall, 10 Almaden also provides exceptional panoramic views of downtown San Jose and the surrounding Bay Area.






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