Roku starts move into modern San Jose headquarters campus

SAN JOSE — It’s just the start for Roku in San Jose, but a
new corporate headquarters for the tech dynamo has begun to take
shape near the city’s airport.

Roku, a maker of media players and devices to stream an array of
video content, has started moving into its new headquarters campus
in the Coleman Highline complex in north San Jose.

“Fast-growing innovative companies like Roku are increasingly
recognizing the benefits of proximity to San Jose’s talent and
infrastructure,” San Jose Mayor Sam Liccardo said in comments he
provided to this news organization.

Through a series of leases, Roku has struck deals to rent
730,000 square feet in the Coleman Highline mixed-use office,
retail, hotel, and restaurant complex where the tech company is
locating its head offices.

“Roku has started moving in,” said Curtis Leigh, development
director with Hunter Properties, the Cupertino-based principal
owner and developer of the Coleman Highline complex, which is
located on Coleman Avenue near the airport and Avaya Stadium.
“They have started taking some floors in one of the completed
buildings.”

It’s possible that Roku could employ as many as 3,700 to 4,900
people, or even more, once Roku fully occupies all the buildings
that it’s leased in Coleman Highline.

A growing number of big-time tech players have either launched,
or begun to prepare for, major expansions in San Jose amid a quest
for more elbow room to accommodate their widening Silicon Valley
operations.

Adobe in recent weeks embarked on a dramatic expansion of its
three-building downtown San Jose headquarters campus when the cloud
services giant began construction at an adjacent site on a fourth
office tower.

Apple, through a series of transactions, has woven together
enough land and buildings for an 85-acre campus between North First
Street and U.S. 101 in north San Jose.

Samsung has moved into office towers on North First Street where
the consumer electronics behemoth has established a regional
campus.

Google, with a combination of leases and property purchases, has
suddenly created two mega campuses in north San Jose where the
search giant could employ thousands.

In downtown San Jose near the Diridon train station, Google has
proposed a transit-oriented community of office buildings, homes,
restaurants, shops, and open spaces where 25,000 could work,
including 15,000 to 20,000 of the tech titan’s workers.

Roku, faced with cramped offices in Los Gatos, began to scout
more than a year ago for bigger spaces in Silicon Valley and
eventually chose San Jose as the site for its new headquarters.

The initial Roku lease was revealed in August 2018, when the
company agreed to rent 472,000 square feet in a transaction
arranged through Newmark Knight Frank brokers Phil Mahoney, Jeffrey
Rodgers, and Andy Hueser; and CBRE brokers Jeff Houston and Mike
Benevento.

After that, the maker of digital media players engineered more
transactions and steadily increased its office requirements in
Coleman Highline, eventually reaching 730,000 square feet of
spaces.

Roku also leased an amenities building that’s next to a large
gathering area on the Coleman Highline campus. The buildings
themselves contain outside areas next to some of the floors where
people can mingle or seek solace.

“We look forward to supporting Roku’s continued success in
its new San Jose headquarters,” Mayor Liccardo said.

Source: FS – All – Real Estate News 1
Roku starts move into modern San Jose headquarters campus