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February 23, 2016

Century Square has hit 98% occupancy

Photo courtesy of Colliers International [enlarge]

Two big office leases in Century Square were announced yesterday: Oracle, a cloud applications and platform services provider, has expanded to 90,000 square feet and Qumulo, a data storage systems firm, has grown to 70,000 square feet.

The 30-story high-rise is on Pike Street between Third and Fourth avenues. The building now is 98 percent occupied, according to an announcement from Colliers International Group.

Colliers said $12 million was spent recently to upgrade the lobby and common areas to reposition the building and attract tenants. The lobby has collaborative work areas, and there is an athletic facility with showers, bike storage and conference rooms. Retail spaces were completely redesigned.

Gensler design the Century Square remodel and Howard S Wright was the contractor. Colliers said Oracle's project team is Nelson as the architect and Lease Crutcher Lewis as contractor. Lease Crutcher Lewis also built Qumulo's space and it was designed by Weaver Architects.

The listing brokers were Laura Ford and David Abbott of Colliers International. Century Square is managed by Unico Properties.

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