NetApp is Planning Global HQ Move to Santana Row

Formerly headquartered in Moffett Park in Sunnyvale, NetApp plans to move its global headquarters to new San Jose offices that are more optimized for its future hybrid work model and employee needs. The move to Federal Realty Investment Trust’s mixed-use Santana Row complex is part of the company’s ongoing transformation accelerated by the pandemic and its strategy for the next normal.

“NetApp is evolving to a flexible hybrid work model that allows us to deliver on our strategy to help more organizations put their data to work while further building a winning employee experience,” said NetApp CEO George Kurian. “Our constructive approach to the future of work and our new global headquarters will enable us to create a differentiated work experience that empowers our employees to deliver their best team-based work in a more connected space.”

NetApp’s new 303,000-square-foot global headquarters will be located in the entirety of 700 Santana Row (also known as 3060 Olsen Dr.), an eight-story mixed-use complex in this walkable district with access to the freeway system and shuttles to the nearby Diridon Caltrain station.

NetApp has completed the sale of its 21.5-acre 702,193-square-foot Sunnyvale campus to Tishman Speyer for a purchase price of $365 million, and will be further customizing and moving into its new headquarters throughout the remainder of 2021.

Savills finalized the sale of the Sunnyvale campus and the Santana Row lease. The Savills team comprised of Joe Brady, Michael Drew, Peter Hamann and John Brady managed the transactions and negotiated the deals. Savills’ Kevin Kelly, Jess Johnson and Bryan Ezell also provided advisory services for the client.