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6/09/25
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Walmart Inc, the e-commerce division of Walmart, inked a lease for 338.3k sf of space at Tech Corners, located at 803-815 11th Ave, just north of the confluence of the 101 and 237 freeways in Sunnyvale. We’re told that this is the largest new office lease in Silicon Valley since 2023, surpassing the recent Zscaler lease.
Tech Corners is a 26-acre, 957.2k sf office campus offering best-in-class amenities. Recently revitalized with a $30 mil renovation, the office campus has historically been fully leased, over the past decade to Ariba and Google, and continues to attract marquee tenants to the submarket such as Amazon, Meta, Google and now Walmart Inc.
Tech Corners’ modernized infrastructure, LEED Platinum and Gold-certified workspaces across expansive 45k sf floor plates position it as a premier destination for innovative companies driving the future of a variety technology applications. The property offers an unparalleled work environment, emphasizing wellness, fresh air workspace, community engagement and over 25% landscaped outdoor spaces, including work and social areas, vegetable and floral gardens and a multisport court.
Tenants enjoy exclusive access to top-tier cardio and weight training equipment, group fitness rooms and outdoor exercise areas at The Club, a state-of-the-art 22.7k sf fitness and wellness center. Additional amenities include several full-scale cafés and dining halls, as well as the Club Annex with touchdown workspaces, lounge areas and gaming spaces. A new 12k sf retail addition is currently underway, further enhancing the campus’s transit-oriented appeal with an onsite VTA Light Rail Station and proximity to Highways 101 and 237.
Newmark Executive Vice Chairman Phil Mahoney and Vice Chairman Mike Saign represented the owner, Jay Paul Company, in lease negotiations.
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