Palo Alto, CA

CBRE Facilitates New Lease for Leading VC Firm in Downtown Palo Alto

Office leasing in downtown Palo Alto reached a new high since 2017

April 28, 2025

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Samantha Cheung

Sr Corp Communications Manager

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CBRE arranged the 9,315 sq. ft. lease at 630 Ramona for Threshold Ventures, an early-stage venture capital firm. CBRE’s George Fox, Ham Southworth and Patrick Reilly represented the tenant.

“630 Ramona is a natural extension of Threshold’s mission. The space reflects the focus, warmth, and energy we bring to partnering with early-stage founders. Its downtown location will foster deeper collaboration among our team, entrepreneurs, and guests, creating an environment where bold ideas and lasting partnerships can thrive,” said Lisa Aguilar, Operations Manager at Threshold.

Threshold Ventures will occupy the entire property, which is walking distance to downtown Palo Alto’s restaurants and retail.

“Downtown cores with a good mix of restaurants and retailers, especially those that are situated along the Caltrain bullet train line, have outperformed on the Peninsula in the last few years. We’re happy to help Threshold move to downtown Palo Alto, at the center of startup activity,” said Fox.

Downtown Palo Alto had the most office leases and greatest volume of leases over the last three years because of its proximity to amenities and public transit. In 2024, there were more than 65 office leases in downtown Palo Alto – the highest since the 2019 as more companies implemented office mandates.

About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Dallas, is the world’s largest commercial real estate services and investment firm (based on 2024 revenue). The company has more than 140,000 employees (including Turner & Townsend employees) serving clients in more than 100 countries. CBRE serves clients through four business segments: Advisory (leasing, sales, debt origination, mortgage servicing, valuations); Building Operations & Experience (facilities management, property management, flex space & experience, digital infrastructure services); Project Management (program management, project management, cost consulting); Real Estate Investments (investment management, development). Please visit our website at www.cbre.com.