Core Insights - Walmart, Inc. has signed a 338,307-square-foot lease at Tech Corners in Sunnyvale, California, marking the largest new office lease in Silicon Valley since 2023 [1][2] - The Tech Corners project, developed by Jay Paul Company, spans 26 acres and features a 957,204-square-foot office campus that has undergone a $30 million renovation [2][3] - The lease indicates strong momentum in Silicon Valley's office leasing market, particularly in the Moffett Park area of Sunnyvale [3] Company Overview - Newmark Group, Inc. is a leader in commercial real estate, providing a comprehensive suite of services tailored to various clients, including owners, occupiers, and investors [6] - For the twelve months ending March 31, 2025, Newmark generated revenues exceeding $2.8 billion and operates from 165 offices globally with around 8,100 professionals [6]
Walmart Inc. Signs 338,000-SF Lease at Jay Paul Company's Iconic Tech Corners Campus in Sunnyvale