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SAN JOSE >> Santana Row in west San Jose landed three new office tenants and a cafe in a burst of leasing deals.
The companies — Calix, Pivot Interiors, and BetterHelp — signed leases at One Santana West, an office building at South Winchester Boulevard and Olin Avenue across the street from the mixed-use neighborhood.
Calis, a tech company that offers cloud services, leased 23,000 square feet on the fourth floor as it shifts its headquarters from north San Jose to the new offices next to Santana Row.
“When combined with proximity to the hotels and restaurants of Santana Row, it is the perfect combination for our new headquarters to host our customers, investors and employees,” Calix CFO Cory Sindelar said.
Pivot Interiors, a workspace design firm, rented 15,000 square feet on the third floor.
“We are excited about moving to Santana Row as we grow our business in the future of workplace design,” Pivot CEO Ken Baugh said. “Pivot helps clients create spaces that promote collaboration, innovation, and productivity.”
BetterHelp, an online therapy company and unit of Teledoc, leased 10,400 square feet on the third floor.
Separately, a ground-floor, full-service cafe called The Good Eating Company has been added.
The 375,000-square-foot Santana West building has become a bright spot in a Bay Area office market burdened by skyrocketing vacancy rates, sublease offerings, plunging property values and a burst of foreclosures due to delinquent loans.
Prior leases in the building included:
• PwC U.S. Group, a professional services company, leased 141,000 square feet.
• Acrisure, a fast-expanding financial technology and insurance company, rented 29,000 square feet.
• Couchbase, an artificial intelligence company, leased 23,700 square feet.
One Santana West is now 70% leased with the latest rental agreements, according to Federal Realty Investment Trust, the principal owner and developer of Santana Row. Newmark, a commercial real estate firm, is marketing the building on behalf of Federal Realty and continues to scout for more companies to fill the remaining office spaces.
Jan Sweetnam, Federal Realty’s chief investment officer and executive vice president, touted the new tenants and the successful leasing activity at One Santana West.
“Santana West is ideal for companies seeking a modern and efficient workspace and the deepest set of amenities and services available,” Sweetnam said. “… Santana West delivers on every reason to want to come into the office.”