Evernote Corp to Grow Headquarters to 87,774 SF in Redwood City in New Deal With Lane Partners/Walton Street Capital

Software Cloud Application Firm Relocating/Expanding into San Mateo County

Burlingame, CA – April 9, 2012 – Cassidy Turley, a leading commercial real estate services provider in the U.S., announced today that the listing team of Mike Moran, SIOR, Clarke Funkhouser and David Hiebert with the firm have represented property owner Lane Partners and Walton Street Capital in the lease of the 87,774-square-foot Class A office building at 305 Walnut Street in Redwood City to Evernote Corporation. Evernote is an award winning independent, privately held company whose family of products help customers remember and act upon ideas, projects and experiences across all the computers, phones and tablets they use. Evernote will be relocating and expanding their main headquarters from the city of Mountain View up to Redwood City.

The company’s new headquarters at 305 Walnut Street consists of a prominent five-story building that is well positioned between main arterial Veterans Boulevard and Highway 101 and offers great highway frontage and identity. The building was constructed in 2000 and is walking distance to many amenities and retailers, including Peninsula Boardwalk shopping center (featuring Kohl’s, Toys R Us & Babies R Us) and Kmart.

Mr. Moran, who serves as the Managing Partner of the firm’s Burlingame office and the company’s Office Division, stated, “Evernote’s decision to expand and relocate into 305 Walnut is another great example of how the world’s leading technology companies are recognizing the value of locating within San Mateo County.  With its vibrant downtowns, baby bullet train schedule, and collection of gaming, software, media and supporting professional service companies, San Mateo County has earned its reputation as the “software valley”.

Contact:
Mike Moran, SIOR, (650) 401-2121, mmoran@ctbt.com

About Cassidy Turley
Cassidy Turley is a leading commercial real estate services provider with more than 3,500 professionals in more than 60 offices nationwide. The company represents a wide range of clients—from small businesses to Fortune 500 companies, from local non-profits to major institutions. The firm completed transactions valued at $22 billion in 2011, manages 455 million square feet on behalf of institutional, corporate and private clients and supports more than 28,000 domestic corporate services locations. Cassidy Turley serves owners, investors and tenants with a full spectrum of integrated commercial real estate services—including capital markets, tenant representation, corporate services, project leasing, property management, project and development services, and research and consulting. Cassidy Turley enhances its global service delivery outside of North America through a partnership with GVA, giving clients access to commercial real estate professionals across the globe. Please visit www.cassidyturley.com for more information about Cassidy Turley.

Cassidy Turley provides regional real estate services in Northern California. With 15 Northern California offices and a 400-member team, our Northern California market leadership is demonstrated by completion of over 3,300 transactions, totaling over $4.3 billion in 2011.

The Registry www.theregistrysf.com

West Coast Commercial Real Estate News