The five-story building, located at 700 First Ave. in Sunnyvale,represents a major expansion for Marvell, a broadband companyspecializing in developing communications solutions for Internet.Marvell plans to add about 200 employees to fill the space, whichit will begin occupying in early 2002.

The lease rate was not released, but similar rents in the areaaverage about $30 per sf, triple net, annually. Subleases aregenerally signed for 5-10 years. Alan Guterman and Danny Yu of BTCommercial Real Estate/NAI represented Marvell. Tom McGovern andDavid Tipton of Cresa Partners represented Yahoo.

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