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Fremont Center The four buildings at Fremont Center totaling 191,703 square feet are 87% occupied.

FREMONT, CA—Vacancies in this area are rare, and Fremont’s direct average rent is a 75% discount to Palo Alto’s direct average rate of $5.43 per square foot and a 41% discount to North San Jose’s direct average rate of $2.30 per square foot, according to Dermody Properties. These growth-driving fundamentals make a near-100% occupied industrial property a good bet for an investor.

That property consists of four buildings at the former Fremont Research Center, now known as Fremont Center, totaling 191,703 square feet. The buildings are 87% occupied and home to tenants in clean technology, R&D and advanced manufacturing. The center was built between 1983 and 1997.

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Lisa Brown

Lisa Brown is an editor for the south and west regions of GlobeSt.com. She has 25-plus years of real estate experience, with a regional PR role at Grubb & Ellis and a national communications position at MMI. Brown also spent 10 years as executive director at NAIOP San Francisco Bay Area chapter, where she led the organization to achieving its first national award honors and recognition on Capitol Hill. She has written extensively on commercial real estate topics and edited numerous pieces on the subject.

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