MILPITAS,CA—Westcore Properties has secured a10-year early lease extension withFlextronics International USA Inc. for a roughly500,000-square-foot, nine-building complex inMilpitas.


The lease extension for the properties located at 637, 677 and727 Gibraltar Ct., and 777, 847, 927, 1007, 1077 and 1177 GibraltarDr., ensures Flextronics International USA Inc. remains animportant economic engine in the Silicon Valley community. WestcoreProperties acquired the property in 2007.


“We believe this extension with Flextronics International speaksto the growth and sustainability of manufacturing, and research anddevelopment in the region,” said Don Ankeny,president & CEO at Westcore. “More and more we see companiesseeking to locate their manufacturing operations close to theircorporate offices versus moving these important jobs overseas orout of state, and Westcore Properties is proud to play a role inkeeping these businesses in California.”


Dan Hollingsworth, Steve Pace, Tom McGovern andKaren Sigl of Cassidy Turleyrepresented Flextronics International USA Inc. in the transaction.Westcore Properties was represented by vice president ofacquisitions and asset management VictoriaGrether.


?Westcore Properties, San Diego, is a private, entrepreneurialcommercial real estate investment firm with a specialized focus inthe western United States and key European markets.

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David Phillips

David Phillips is a Chicago-based freelance writer and consultant with more than 20 years experience in business and community news. He also has extensive reporting experience in the food manufacturing industry for national trade publications.