Tech company takes big chunk of Santa Clara office space in expansion
A tech company that provides a wide array of data storage products and services has signed a deal to rent a big chunk of office space in Santa Clara.
Pure Storage has signed a deal to sublease approximately 330,000 square feet of office space in Santa Clara Square, a big mixed-use tech, housing and retail complex in Silicon Valley, according to information from the company and JLL, a commercial real estate firm.
The rental deal enabled Pure Storage to sublease two office buildings from Analog Devices, which will vacate both buildings it currently occupies in the Santa Clara Square complex.
“Pure Storage has called the Bay Area home since our founding more than a decade ago,” said Rena Fallstrom, a spokesperson for Pure Storage. “Our transition to our new Santa Clara headquarters in the spring of 2023 is part of our continued commitment to further grow our presence here.”
At present, the company’s headquarters are located in an office building in downtown Mountain View. The Santa Clara sublease represents an expansion for Pure Storage.
The company subleased all of 2555 and 2565 Augustine Dr. in Santa Clara. The two buildings together total about 330,000 square feet.
Brokers Bart Lammersen, Steve Clark and Joe Long of JLL, a commercial real estate firm, represented Pure Storage in the transaction and the company’s search for space. Cushman & Wakefield, a commercial real estate firm, had been marketing the two office buildings for sublease.
“We will spend the second half of this year preparing the space to support Pure’s distinctive culture,” Fallstrom said.
Analog Devices leased the two buildings in 2018 as part of a relocation from Milpitas. A few years later, in 2021, Analog Devices eliminated 255 jobs in Milpitas, marking an overall retrenchment in Silicon Valley.
The buildings could potentially accommodate 1,300 to 1,600 employees, based on typical square footage per employee.
Pure Storage intends to prepare the new office space to accommodate the new realities of how tech companies operate during the coronavirus era.
“The new campus will enable us to prioritize the health, safety, and wellness of our hybrid workforce while providing more space and flexibility as we continue to grow and increase our business agility to drive Pure’s success for decades to come,” Fallstrom said.