Pinterest Signs Long-Term Lease For 125000 Square Feet Office Space At 285 Sobrante Way Sunnyvale

The property involved in this transaction is a Class A, four-story office building located at 285 Sobrante Way, Sunnyvale. The asset spans 125,000 square feet and is part of a market that is experiencing growth. Pinterest has committed to a long-term lease for this space, marking a significant relocation from their previous subleased space in Palo Alto.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: Not specified
• Address: 285 Sobrante Way
• Market: Sunnyvale
• Lease Term: Long-term
• Tenant: Bill Ready - Pinterest

Bill Ready is representing Pinterest in this long-term leasing transaction. This move follows LBA Realty's acquisition of the property for $42 million and aligns with Pinterest's strategic focus on expanding roles in artificial intelligence.