SANTA CLARA — A tech company that helps utilities and cities manage power, water and other resources has signed a lease that will enable it to relocate to a reviving office hub in the South Bay.
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Itron is moving to 3005 Tasman Drive in Santa Clara, part of a tech campus known as The Quad at Tasman, stated Cushman & Wakefield, a commercial real estate firm that arranged the rental transaction.
The tech company leased 56,300 square feet, according to Cushman brokers Chris D’Ambrosia, Mark Carnese, Brandon Bain and Erik Hallgrimson, the real estate agents representing the parties in the deal.
“This lease demonstrates the vibrancy of the Silicon Valley real estate market,” said D’Ambrosia, a Cushman & Wakefield executive managing director.
Itron is vacating 210 and 230 Wes