California CRE News In Your Inbox.
Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.
Hudson Pacific Inks Foster City’s Largest Lease in 18 Months
Qualys, Inc. signed a 75,000-square-foot lease at Hudson Pacific Properties, Inc.’s four-building Metro Center in Foster City, CA. The lease, which encompasses two full floors at 919 Hillsdale Dr., reportedly was completed in the high $3’s psf net range, with a large TI allowance.
The cloud-based security and compliance solutions provider’s deal brings the 730,215-square-foot office and retail complex to 77% leased.
Hudson Pacific’s Victor J. Coleman notes the transaction is the largest lease signed in the past 18 months in Foster City. Earlier this year, the company executed a 36,542-square-foot lease with BrightEdge Technologies.
Cushman & Wakefield’s Kevin Waldman, Ben Paul, Mike Moran and Clarke Funkhouser represented the landlord. Colliers’ Luke Wilson and Marne Michaels represented the tenant.
For comments, questions or concerns, please contact Dennis Kaiser
- ◦Lease


