Rajesh Vashist Of SiTime Signs 13-Year Lease For 150000 SF Office In Santa Clara

The property asset involved in this lease transaction is an office space located at 3250 & 3260 Jay Street in Santa Clara, comprising a total of 150,000 square feet. The landlords, Four Corners Properties and Farallon Capital, acquired the property in 2024 for a total of $21.2 million.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $21.2 million
• Lease Term: 13 years
• Landlord: Four Corners Properties & Farallon Capital
• Tenant: Rajesh Vashist - SiTime
• Market: Santa Clara

Rajesh Vashist represents SiTime Corporation, which signed the 13-year lease at this former ServiceNow campus. This move supports SiTime's continued expansion driven by strong demand in the data center sector.