Splunk headquarters san francisco professional#
However, the team had been relying on spreadsheets to manage professional service engagements and combine data from various systems.Įven after migrating to an earlier professional services automation (PSA) system, the team still faced numerous limitations. Splunk indicated that it was working with Federal Realty to terminate its lease at 700 Santana Row.The Splunk Services team helps customers get the most out of their investment in the company's software. Īlthough San Francisco-based Splunk has decided to exit the 700 Santana office building, it will continue to occupy a nearby office building, which totals 235,000 square feet. 700 Santana Row office building at 3060 Olsen Drive in San Jose. “With NetApp’s continued business transformation and its future of work strategy, it was clear we needed to find a new space that could accommodate the company’s needs today and beyond,” said Joe Brady, an executive managing director with Savills. Newmark commercial real estate broker Armand Tiano helped to arrange the NetApp lease. Savills executives Kevin Kelly, Jess Johnson, and Bryan Ezell were advisers in the deals.
Savills executives Joe Brady, Michael Drew, Peter Hamann, John Brady arranged both transactions. “As a dynamic live-work-play destination that attracts world-class companies, we are thrilled to welcome a leading global organization like NetApp to Santana Row’s lineup of office tenants,” said Jan Sweetnam, an executive vice president with Federal Realty, Santana Row’s principal owner and developer.īoth the purchase of the NetApp campus in Sunnyvale and the tech stalwart’s rental deal in San Jose were arranged by Savills, a commercial real estate firm. In San Jose, executives with Santana Row quickly embraced the new tenant in the iconic mixed-use destination center of offices, restaurants, shops, hotel facilities, homes, entertainment hubs, and parks. “Most of the property’s broad array of amenities, including a gym with basketball court, lockers, showers, outdoor volleyball court, executive briefing center, a full-service cafeteria, multiple kitchens, break centers, phone rooms, and other common areas, will be retained,” Tishman Speyer said. Wide-ranging capital improvements are planned for the choice complex. Tishman Speyer intends to find new tenants for the Sunnyvale campus and will dangle an array of amenities in front of prospective occupants. “Silicon Valley is at the epicenter of the innovation economy and demand for high-quality office space, specifically around Moffett Park, is very strong,” said Rob Speyer, president and chief executive officer of Tishman Speyer. Tishman Speyer, one of the world’s most successful real estate development and investment firms, bought the NetApp campus in Sunnyvale, a complex of multiple buildings that totals 700,000 square feet. The coronavirus outbreak has intensified NetApp’s transformation to enable it to prosper in the COVID era, the company said. The cloud-based data services and data management company is evolving to a flexible hybrid work mode, Kurian added. “Our constructive approach to the future of work and our new global headquarters will enable us to create a differentiated work experience that empowers our employees to deliver their best team-based work in a more connected space,” said George Kurian, NetApp’s chief executive officer. The NetApp lease appears to be the largest new office lease in the South Bay so far in 2021, and the Sunnyvale sale is one of the biggest property purchases in the region this year to date. NetApp sold its Sunnyvale campus for $365 million in a transaction that was accomplished in tandem with the tech company’s lease of the offices in San Jose. “It’s great to have a storied Silicon Valley brand like NetApp moving its flagship to San Jose,” San Jose Mayor Sam Liccardo said in an interview. The company will move into 700 Santana Row, a modern office building that Splunk had previously leased and is now vacating ahead of the NetApp entry into San Jose. SAN JOSE - NetApp will move its headquarters to San Jose’s Santana Row and exit Sunnyvale after the tech giant struck a deal to sell its properties in Sunnyvale, executives said Thursday.
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