Splunk Plunks Down a Long-Term Lease

SAN JOSE—Splunk Inc. executed a long-term lease for 100% of 500 Santana Row, a 234,500-square-foot office building under construction at Santana Row on Winchester Boulevard and Olsen Drive, according to Federal Realty Investment Trust. Newmark Cornish & Carey represented Federal Realty and Splunk, provider of a software platform for real-time operational intelligence.

The class-A space at 500 Santana Row is scheduled to deliver in 2016 and features six levels of office space above a four-level, below-grade parking garage containing approximately 670 spaces. The all-concrete structure features 13-foot ceiling heights, a modern glass curtain wall, private terraces, private bicycle lockers and showers, and is built to a LEED Gold standard by Devcon Construction. The office property was designed by WRNS Studio, a San Francisco-based architectural firm. Both firms are managed by Federal Realty and its development consultant, Westwood Interests.