FOSTER CITY, CA-Philips Electronics has renewed its lease at Bayside Towers, a class-A office property in California’s Silicon Valley. Philips occupies 67,027 square feet and has been a tenant at the property since mid 2007.
The property is now 80% leased with two prime water view floors available for lease. Brokers Greg Walker and Rick Fahey of Jones Lang LaSalle represented Philips in the lease transaction. Bob Garner and Jon Mackey represented the building’s owner, an affiliate of Tishman Speyer Office Fund.
Bayside Towers consists of two mirror-image six-story buildings situated directly adjacent to the San Francisco Bay waterfront. The building is located in the master-planned city of Foster City, at the intersection of the San Mateo Bridge, which connects the East Bay to the Peninsula.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.