Ex-valley company finds rents cheaper in Austin
Borland Software, a former Silicon Valley company of some 20 years, relocated last year to
Austin, Texas. Among the advantages it has found there is lower rent, as demonstrated in a
filing the company made Thursday.
The company signed a lease earlier this month for 45,000 square feet of office space in the building pictured here, where rent will begin at $1.58 per square foot per month. It was paying $2.50 per square foot for its space in Scotts Valley.
True, Borland had even cheaper rent for awhile when it sublet some of the space leased to Sun Microsytstems at City Center in Cupertino. For two years it paid $1.50 per square foot there, less than half of the amount Sun was on the hook for.
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