Pacific Workplaces to Open New Silicon Valley Location
Pacific Workplaces will soon open a new coworking location totaling 12,965 square feet in downtown San Jose, Calif. The flexible office provider leased the space at Pestana Properties’ 84 W. Santa Clara St., a 110,000-square-foot, eight-story office building.
Pacific Workplaces’ new location includes 51 private offices, flex desks, dedicated workstations, virtual offices and six fully equipped meeting rooms designed by Workplace Studio.
The new coworking location is scheduled to be completed by the end of this September. The deal marks Pacific Workplaces’ second location in the Silicon Valley area. In late 2023, the company secured a 14,928-square-foot new location in Cupertino, Calif., while also relocating within the same city.
Other tenants leasing space at the office property include Innovar Marketing, Green Bay Construction Co., TMC Financing and HGA Architects and Engineers, among others, according to CommercialEdge. The same source shows that a Cushman & Wakefield team is the assigned leasing broker for the office building, led by Executive Director Bob Simpson and Director Rob Souza.
The eight-story property dates back to 1976 and features 13,338-square-foot floor plates, three passenger elevators, 12,000 square feet of retail space and 49 parking spots. The ownership completed a multi-year improvement strategy, resulting in hospitality-infused amenities and finishes, such as a conference center, a fitness center, a tenant lounge, secured underground parking spaces and easy access to nearby parking structures.
Coworking deals in the area
84 W. Santa Clara St. is close to multiple bus stops and to San Pedro Square, being 4 miles from San Jose Mineta International Airport, 13 miles from Saratoga, Calif., 34 miles from San Francisco International Airport and within 48 miles of downtown San Francisco.
Recent flexible workplace providers that expanded with new locations in California includes Industrious, that signed a 19,000-square-foot lease in Century City, Calif. The company’s 10-year deal is at Watt Cos.’ North Tower of Watt Plaza, a 476,120-square-foot office building rising 23 stories. In the same period, the flex office provider also opened another location at Westwood Center, a 333,830-square-foot property in Westwood, Calif.
The post Pacific Workplaces to Open New Silicon Valley Location appeared first on Commercial Property Executive.