The Santana Row neighborhood in San Jose has landed two more AI tech companies.
One Santana West office building at 3155 Olsen Drive in the Santana Row mixed-use restaurant, retail, entertainment, housing and hotel neighborhood in San Jose.
The Santana Row neighborhood in San Jose has landed two more AI tech companies.
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SAN JOSE — The Santana Row neighborhood in San Jose has landed two more AI tech companies in separate office deals that suggest some tech firms still seek new locations despite an uneven economy.
The two artificial intelligence companies leased a combined 60,400 square feet in One Santana West, an office building at 3155 Olsen Drive in San Jose.
Here are some of the details of the most recent office deals within the One Santana West office building near the corner of Stevens Creek Boulevard and South Winchester Boulevard:
— Etched leased 49,500 square feet in a deal that enables the company to occupy the entire second floor of the office building. Etched makes specialty AI semiconductor chips.
— Securiti.ai leased 10,900 square feet on the building’s third floor. Securiti provides software services to allow for safer use of artificial intelligence and data.
With these deals, One Santana West is now 80% leased, according to executives with Federal Realty Investment Trust, the principal owner and developer of Santana Row, a mixed-use dining, shopping, housing, office, hotel and entertainment destination neighborhood in San Jose.
“Santana West is ideal for companies seeking a modern and efficient workspace and the deepest set of amenities and services available,” said Federal Realty Chief Investment Officer Jan Sweetnam.
The eight-story One Santana West office building now has space available only on the fifth floor of the building, which totals 370,000 square feet.
The brisk leasing activity in the office building occurred after Federal Realty decided to pivot away from its original strategy to lease the entire building to a single tenant.
After Federal Realty decided to make chunks of the office space within the building available so several tenants could occupy One Santana West, the increased flexibility prompted numerous companies to scout the building as a new location for their operations.
“Santana West delivers on every reason to want to come into the office,” Sweetnam said.