San Jose office building becomes Silicon Valley success story

"Totaling 370,000 square feet, One Santana West at 3155 Olsen Dr. was developed by Federal Realty Investment Trust, the developer and principal owner of Santana Row. One Santana is 100% committed, Daniel Guglielmone, Federal Realty's chief financial officer, said during a Feb. 12 conference call with Wall Street analysts to discuss the company's fourth-quarter financial results. Committed typically describes leases that are signed by all parties or are in the very last stage of being fully executed."

"This building has set a new standard for Silicon Valley, attracting forward-thinking companies that prioritize employee experience and long-term growth, said Solari, a Newmark executive managing director. The building is the forerunner of an expansion of Santana Row, a mixed-use neighborhood that features shops, restaurants, housing, offices, a hotel, and a movie theater near the corner of Stevens Creek Boulevard and South Winchester Boulevard in West San Jose."

One Santana West is an eight-story, 370,000-square-foot office building at 3155 Olsen Dr. developed and principally owned by Federal Realty Investment Trust. The building is 100% committed with leases signed or nearly fully executed. Newmark executives Tracey Solari and Todd Shaffer are marketing the property to tenants. The project shifted from an initial plan to lease the entire building to a single tenant to a multi-tenant leasing strategy. Santana Row is a mixed-use neighborhood of shops, restaurants, housing, offices, a hotel, and a movie theater near Stevens Creek and South Winchester boulevards. The building benefits from proximity to Westfield Valley Fair and abundant amenities.

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