On March 23, 2026, SiTime Corporation announced that it has entered into a lease agreement with 3250 Jay Street Owner LLC for approximately 149,300 square feet of space in two adjacent buildings located at 3250 Jay Street and 3260 Jay Street in Santa Clara, California. This new location will serve as the company's corporate headquarters, with plans to occupy the space starting April 1, 2027. The lease term is set for 156 months, with options to extend for two additional terms of 60 months each. The base rent for the first 24 months totals approximately $9.5 million, with an annual escalation of about 3% thereafter. The landlord will provide allowances for the initial buildout and power upgrades, which are reflected in the base rent. This strategic move is expected to enhance SiTime's operational capabilities and support its growth trajectory.

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