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California  + Bay Area  + Office  | 

IoT Tenant Relocates Offices Within Santa Clara

Cushman & Wakefield arranged a new long-term office lease for Itron at 3005 Tasman Dr. within The Quad at Tasman campus in Santa Clara. The global industrial IoT company will occupy 56,258 square feet, relocating from 210 & 230 W Tasman Dr.  

Chris D’Ambrosia and Mark Carnese of Cushman & Wakefield represented the tenant. Brandon Bain and Erik Hallgrimson, also of Cushman & Wakefield, represented the landlord, South Bay Development Co.

“This lease demonstrates the vibrancy of the Silicon Valley real estate market,” said D’Ambrosia. “Itron was drawn to 3005 Tasman Dr. for its proximity to their current location, as well as the opportunity to move into a project with enhanced amenities and a reduced basis. The competition for high-quality office space in this area is fierce, and this transaction further exemplifies the area’s desirability.”

Designed to support innovation and flexibility, The Quad offers 410,409 square feet of space across seven buildings.

Read More News Stories About: Cushman & Wakefield
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Cushman & Wakefield's D'Ambrosia

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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