A recent deal inked by Santa Clara, Calif.-based Intel Corp.gives the first definitive answer to that question. With thecompany's lease on a 74,000-sf office building in the city'sPacific Commons office park, Fremont can honestly call itself amember of the Silicon Valley family.
Intel is the first tenant to commit to Pacific Commons, an822-acre complex under construction between Auto Mall Parkway andCushing Boulevard. Scheduled for completion within the next decade,Pacific Commons will accommodate 20,000 employees, a hotel andconference center, and even its own lake.
The office, its first commuter satellite branch for East Bayemployees, will initially house 50 workers and share space withthree recent Intel acquisitions -- Softcom Microsystems Inc., BasisCommunications Corp., and Ambient Technologies Inc.
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
*May exclude premium content
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.