Drawbridge Extends Full-Building Lease with Microsoft Unit in Santa Clara

Drawbridge Realty has extended a lease with Microsoft for the entire 66,106-square-foot Class A office building located at 3201 Scott Boulevard in Santa Clara. The property has been home to Fungible, Inc., which was acquired by Microsoft in 2023, since 2016.

Drawbridge acquired 3201 Scott Boulevard in 2012 and subsequently completed a significant renovation of the property.

“We’re delighted to be able to provide Microsoft with continuity and quality workspace at 3201 Scott Boulevard well into the next decade,” said Mike Embree, Chief Portfolio Officer, Drawbridge Realty.

The two-story building sits on 3.5 acres at the intersection of Scott Boulevard and San Tomas Expressway. Jeff Cushman and Walt Stephenson of Cushman & Wakefield represented Drawbridge Realty in lease renewal negotiations. Alex Lagemann of JLL represented Microsoft.

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

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