Tech company strikes deal to sublease empty South Bay office buildings

Tech company strikes deal to sublease empty South Bay office buildings

SANTA CLARA — A tech company has struck a deal to sublease two big chunks of South Bay office space from another tech company that had leased the sites years ago but never occupied them. Zscaler, a cloud-based cybersecurity firm, has agreed to sublease two big office buildings on Great America Parkway in Santa Clara, according to a regulatory filing with the Securities and Exchange Commission. Related Articles Blighted San Jose dev…

Office Market Stabilizes in Silicon Valley While San Francisco Peninsula Faces Headwinds - The Registry

The Silicon Valley and San Francisco Peninsula office markets are navigating a transition period as macroeconomic volatility tempers tenant demand and reshapes leasing trends. According to Avison Young’s Q1 2025 report, total tenant leasing volume across both markets reached approximately 1.2 million square feet, reflecting a marked slowdown from Q4 2024’s record highs driven by […] The post Office Market Stabilizes in Silicon Valley While San F…