237@First Blossoms with Bloom Energy’s Recent Expansion

Bloom Energy recently expanded its current 102,795-square-foot lease at 237@First in San Jose by leasing an additional 47,123 square feet, according to CBRE Global investors on behalf of one of its investment funds. Bloom Energy will add a floor-and-a-half to its footprint, occupying floors one, two, four, five and six at the two-building office complex.

“After acquiring 237@First last year, we were able to activate a best-in-class management and leasing team to enhance the tenant experience and drive leasing. We were also able to upgrade underutilized common areas and enhance the communal outdoor space,” said Brian Ma, senior director of commercial operations for CBRE Global Investors. “These positive changes at the property contributed to Bloom Energy’s decision to renew its lease and expand by an additional 47,000 square feet, making 237@First its long-term headquarters.”

237@First is LEED Gold and spans 368,702 square feet across two buildings located at 4353 North First St., where Bloom Energy is located, and 4453 North First St. The property is 50 percent leased, with spaces ranging from 32,000 square feet to 96,000 square feet remaining available.

CBRE Global Investors was represented by Jeff Houston and Vincent Scott of CBRE in the transaction.

“237@First continues to be an ideal headquarters for Bloom Energy, especially as the company continues to grow. The location affords their employees easy access to multiple highways including Interstates 237, 880 and U.S. 101, abundant retail and an impressive on-site amenity package,” said Scott.