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Irvine Co. Leases 242K SF to Tech Giant in Sunnyvale
Proofpoint, Inc. signed a 242,000-square-foot lease at Irvine Company’s Pathline Park complex in Sunnyvale’s Peery Park district. A SEC filing notes the buildings are expected to serve as the growing company’s new corporate headquarters.
The two, three-story buildings, and neighboring four-story parking garage, are being developed by Irvine Co. at 625 N. Mary Ave. and 925 W. Maude Ave., and are expected to be completed by summer 2020. The 42-acre campus is planned to encompass 11 buildings and 1.3 million square feet of office space.
The Proofpoint deal means at least five buildings and more than 600,000 square feet of the development has been claimed by local tech companies.
The communications and security tech company company currently leases roughly 121,000 square feet of HQ space in Sunnyvale. Proofpoint’s software provides security for e-mail, instant messages and other communications, and its systems help customers fight off computer viruses, hacker attacks on networks, and spam.
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- ◦Lease


