Major Tenant joins DivcoWest’s Sand Hill Collection (SHC), a Resort-Inspired Workplace Redefining Sand Hill Road

Sand Hill Collection / 2400 Sand Hill Road

Andreessen Horowitz (a16z) will benefit from new amenities and improvements implemented at SHC over the last 4 years.

Menlo Park, CA – [June 26, 2024] – Sand Hill Road is more than a roadway; it has been the epicenter of venture capital and innovation since visionary developer Tom Ford established it more than 50 years ago. The Sand Hill Collection (SHC), comprising 48 acres and three distinct campuses, is the pinnacle of workplace destinations on this legendary road, thanks to the long-term vision and investment capital of owner, DivcoWest.

Andreessen Horowitz, also known as a16z, leased 34,390 square feet of newly redeveloped space at 2400-2450 Sand Hill Road in The Quad, one of three campuses within the Sand Hill Collection, which also includes The Ranch and The Grove. The buildings are currently being tailored through tenant improvements, with plans to move in sometime in 2026.

“We are thrilled to welcome a16z. Their innovative approach to investing in the future makes them the perfect addition to SHC’s community of forward-thinkers and trailblazers,’ said Gregg Walker, President of DivcoWest Real Estate Asset Management (DREAM). “We believe that a16z will not only enrich SHC’s vibrant community but also reinforce the Sand Hill Collection as a hub for transformative ideas and dynamic partnerships.”

A Campus Within a Campus

The two newly constructed two-story buildings leased to a16z were designed to deliver a “campus within a campus” experience. The design seamlessly integrates indoor and outdoor spaces, connected by a spacious private courtyard and featuring lush outdoor patios. This setup offers a16z options for al fresco work, meetings, and events.

In addition, the interiors of the buildings have been thoughtfully redesigned to allow for customizable workspaces that are filled with natural light and offer flexibility with a variety of areas for collaboration.

SHC Member Benefits

As a newly minted member of the Sand Hill Collection, a16z will enjoy all the benefits SHC provides across 3 hospitality-driven campuses. This includes access to the Sand Hill Kitchen, a farm-to-table restaurant at The Quad and the recently opened Sand Hill Sundeck at The Ranch, a multi-faceted restaurant that features a full-service modern eatery, a gourmet delicatessen and market, and a large sun deck for happy hours and social gatherings. Members also enjoy access to 3 newly renovated fitness centers, complimentary personal training sessions, and a variety of classes including yoga and boot camp. The health and wellness amenities continue with numerous walking, biking and running trails meandering through the 48-acre community which also includes an outdoor basketball court.

“DivcoWest’s vision for the Sand Hill Collection goes beyond traditional office space. Inspired by hospitality-driven environments, our focus is on creating a workplace promoting well-being, innovation, and collaboration. This human-centric approach is evident in every facet of the offerings we provide from the array of on-site eateries and social spaces to the workspaces themselves. We continue to find new ways to expand on the amenities and services that cater to our members,” Walker says.

DivcoWest acquired the 26 buildings that now make up Sand Hill Collection in two transactions in 2011 and 2020. The Collection represents approximately 45% of the total office inventory on Sand Hill Road, a stretch of road that cuts through Menlo Park, Palo Alto and Woodside and is home to several leading firms in the global economy. SHC offers full building spaces suitable for headquarters locations as well as smaller suites suitable as satellite or executive offices.

a16z was represented by brokers Hugh Scott and Derek Johnson of JLL in negotiating their lease. Christian Prelle, Brad Van Linge, Sarah Bohannon, and Clayton Jones of Newmark represented DivcoWest.