Shockwave Medical Boosts Silicon Valley Presence
- Jan 17, 2020
Shockwave Medical has expanded its footprint in Santa Clara, Calif., by taking up 50,200 square feet in a building adjacent to its current location. Transwestern assisted the company with the expansion.
In addition to securing the new space at 5353 Betsy Ross Drive, the medical start-up is planning to undertake a capital improvement program at its headquarters, at 5403 Betsy Ross Drive. The location houses its research, development, assembly and offices across 35,000 square feet. The company is a leader in interventional treatment of advanced cardiovascular disease.
Shockwave Medical’s location is 5 miles from Interstate 880 and 8 miles from downtown San Jose, while Norman Y. Mineta International Airport is 6 miles away. The surrounding area features several retail options including Mercado Santa Clara, which is 2 miles away.
Senior Vice President David Klein, a core member of Transwestern’s Life Science team in Northern California, assisted Shockwave in the transaction. In November last year, Transwestern strengthened its San Francisco team with the addition of a new office leasing trio.