Databricks inks Sunnyvale deal

Databricks has leased the full 180,417-square-foot Altair building at 100 Altair Way in Sunnyvale, adding another large Bay Area office bet in 2026. (therealdeal.com) The building is owned by PGIM Real Estate, and the deal brings Databricks’ Sunnyvale footprint to about 635,000 square feet. The Real Deal reported the company was expected to begin moving into the space in April. (therealdeal.com) This was Databricks’ third major Sunnyvale office commitment in less than a year. The company took 305,000 square feet at 200 West Washington in July 2025 and another 150,000 square feet at 250 West Washington in January 2026. (databricks.com) (hunterproperties.com) Databricks is expanding offices while still adding to its business. The company said on December 16, 2025 that it had crossed a $4.8 billion revenue run-rate and was raising more than $4 billion at a $134 billion valuation. (databricks.com) The Sunnyvale deal lands in an office market that has started tightening after years of empty space. CBRE said Silicon Valley office vacancy was 15.4% at the end of the first quarter of 2026, with 769,556 square feet of positive net absorption. (cbre.com) Cushman & Wakefield also reported improvement, putting Silicon Valley office vacancy at 18.8% in the first quarter of 2026. Colliers said the region posted its sixth straight quarter of occupancy growth. (cushmanwakefield.com) (colliers.com) Databricks is not pulling back from San Francisco while it grows in Sunnyvale. The company signed about 150,000 square feet at One Sansome for its headquarters in March 2025, and The Real Deal reported in March 2026 that it had expanded again in that building. (connectcre.com) (therealdeal.com) That leaves Databricks with a wider Bay Area map: headquarters in San Francisco, a large Sunnyvale cluster near downtown and Caltrain, and an office presence that keeps growing as landlords look for artificial intelligence tenants to refill premium buildings. (therealdeal.com 1) (therealdeal.com 2)