Tom Snider of BT Commercial represented Handspring in the sublease of the property from Starlight Networks, a provider of networking server software products. David Fitch of Cushman and Wakefield represented Starlight in the transaction.
The office space is located in a flex building at 205 Ravendale Drive in Mountain View; one of two buildings in the 80,000 SF Ravendale at Central project. Handspring signed a two-year sublease at an undisclosed price. Sources say that rents in the buildings range from $42-54 per sf annually.
Starlight Networks was recently purchased by PictureTel Corporation, a Florida-based company, and will consolidate operations with the parent company.
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