PLEASANTON, CA-MegaPath Inc., a provider ofmanaged data, voice, and security services in North America,executed an agreement to lease 25,709 square feet in BernalCorporate Plaza in Pleasanton, CA. MegaPath plans to relocate toBernal Corporate Plaza to take advantage of the attractiveofferings of this “city within a city,”—which include immediateaccess to retailers and services that employees require each day,according to a prepared statement.
Cornish & Carey Commercial Newmark KnightFrank vice president Jeff Morgenstern,Dan Watson and Marcy Placerepresented Bernal Corporate Plaza for the landlord,Principal Real Estate Investors. KevinMechelke and Tom Maloney of JonesLang LaSalle represented MegaPath in thetransaction.
Morgenstern tells GlobeSt.com that the asking rate at theproperty is $1.75 full service. He also notes that MegaPath iscurrently at 5667 Gibraltar Dr., Suite 200 in Pleasanton and choseto relocate for retail access. “MegaPath found an ideal fit atBernal Corporate Plaza and we are happy to accommodate thisexciting company.”
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