UBS Group Acquires 9,000 SF Office Space At Santana Row From Federal Realty Investment Trust

UBS Group, represented by Sergio Ermotti, has recently relocated its San Jose offices from downtown to the Santana Row mall, effectively concluding their 34-year residency at 50 West San Fernando Street. The Swiss investment bank has now taken up a 9,000-square-foot space within Santana Row, an influential move in their presence within Silicon Valley. The specific terms and conditions of the lease agreement remain undisclosed.

Summary of transation details

• Property Type: Office
• Transaction Amount: Not disclosed
• Square Footage: 9,000 SF
• Address: 355 Santana Row Suite 2050, San Jose
• Market: San Jose

The leasing agreement involves UBS Group, with Sergio Ermotti serving as their representative, and the property's landlord, Federal Realty Investment Trust, with Donald Wood as their representative. With this move, UBS Group has strategically shifted from their downtown location to the thriving commercial hub of Santana Row, enhancing their presence in the heart of Silicon Valley. While the financial details of the deal have not been made public, the relocation signifies a significant development for both UBS Group and the Santana Row mall.