Located at 2029 Stierlin Ct., LinkedIn has tripled its leaseholdsince the beginning of the year. In January, it expanded from22,000 sf in Palo Alto to 38,000 sf in the Stierlin Court building,according to the company's brokerage firm, Cornish & CareyCommercial/Oncor International.

Britannia Shoreline Technology Park sits within the prestigiousShoreline Business Park. Amenities include on-site tennis and sportcourts, a baseball diamond, recreational area and free shuttle tothe nearby Cal Train station. The lease rate agreed to by LinkedInwas not revealed by either side of the transaction.

In May, publicly held Alexza Pharmaceuticals signed an 11-yearlease for 41,290 sf of office and laboratory space in thedevelopment, the lease rate for which starts at $30 per sf per yearand increases by 3% per year starting in the third year of thelease, according to an SEC filing. The appears to include severalmonths of free rent and a $25-per-sf tenant improvement allowance.Alexza leases a total of approximately 105,000 sf within thepark.

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