SiTime signs 156-month Santa Clara headquarters lease covering 149,300 square feet
On March 23, 2026, SiTime signed a 156-month lease for about 149,300 square feet in two adjacent buildings at 3250 and 3260 Jay Street, Santa Clara, to serve as its new corporate headquarters. The company expects to begin occupying the space by April 1, 2027, and the filing sets out fixed base rent obligations that shareholders should note as a long-term commitment. The filing does not state how the lease will affect the company's financial results.
Key points
- Lease signed March 23, 2026 with 3250 Jay Street Owner LLC for about 149,300 square feet; expected occupancy by April 1, 2027
- Term of 156 months with two extension options of 60 months each
- Annual base rent of $3,762,360 in months 1-12 and $5,733,120 in months 13-24, with six months of base rent abated; rent rises about 3% a year from month 25
- Landlord allowances of up to $16,049,750 for buildout and up to $1,300,000 for power upgrades
The filing
Written by AI on Nov 8, 2026, 1:12 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on March 24, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.