California CRE News In Your Inbox.

Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.

Sub Markets

Property Sectors

Topics

California  + Bay Area  + Office  | 

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.


Get CRE News in 150 words

For comments, questions or concerns, please contact Dennis Kaiser

Connect

Inside The Story

Read more at San Jose Business JournalConnect With Irvine Company

About Dennis Kaiser

Dennis Kaiser is Vice President of Content and Public Relations for Connect Commercial Real Estate. Dennis is a communications leader with more than 30 years of experience including as a journalist and in corporate and agency marketing communications roles. He is responsible for Connect’s client content operations and is involved in a range of initiatives ranging from content strategy, message development, copywriting, media relations, social media and content marketing services. In his most recent corporate communications roles, he led a regional public relations effort across Southern California for CBRE, played a key marketing role on JLL’s national retail team, and was responsible for directing the global public relations effort at ValleyCrest, the nation’s largest commercial landscape services company. In addition to his vast commercial real estate experience, Dennis has worked on communications and launch strategies for a number of residential projects such as Disney’s Celebration in Florida, Ritter Ranch in Palmdale California (7,200 homes, 22,000 acres), WaterColor in Florida and PremierGarage in Phoenix. Dennis’s agency background included firms such as Idea Hall and Macy + Associates. He has earned an outstanding reputation with organization leaders as a trusted advisor, strategic program implementer, consensus builder and exceptional collaborator. Dennis has developed and managed national communications programs for Fortune 500 companies to start-ups, both public and private. He’s successfully worked with journalists across the globe representing clients involved in major-breaking news stories, product launches, media tours, and company news announcements. Dennis has been involved in a host of charitable and community organizations including the American Cancer Society, Easter Seals, BoyScouts, Chrysalis Foundation, Freedom For Life, HOLA, L.A.’s BEST, Reach Out and Read, Super Bowl Host Committee, and Thunderbirds Charities.

  • ◦Lease
Chase-19-cube
Money360-26-cube