Align Technology Inks 129K SF Lease
February 4, 2010
Align Technology (ALGN: 17.00 +0.24%) has signed a 7-year lease with Equity Office for two buildings on Orchard Parkway. The 129,000 square foot lease is for 86-months, and consists of two (2) 64,500 SF buildings located at 2560 Orchard Parkway and 2570 Orchard Parkway. The terms of the lease are: 86 Months First 2 Months [...]
Read More >>Studley Says…
December 22, 2009
From a recent Globe St. article titled “Studley Touts Tenant Opportunities”, which cites Studley’s preliminary Q4 report… Tenants should negotiate lease terms that require landlords to seek property tax reductions and, if successful, to pass through savings, particularly in the case of anchor or sole tenants,” according to the company’s preliminary fourth quarter report. “Additionally, while [...]
Read More >>Brocade Gets $4M To Stay in San Jose, But I Smell a Fish
December 22, 2008
Chris O’Brien, in a Mercury News’ business article yesterday wrote that the city council approved a $4M expenditure on Tuesday to finance equipment purchases for Brocade (BRCD: 5.89 +0.34%) as an incentive for the company to keep its headquarters in the city. This is very odd to begin with since Brocade has already acquired the [...]
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