FREMONT, CA-Cisco Systems Inc. will pay nearly $102 million to lease 3.4 million-sf of office space in South Fremont. The 800-acre Pacific Commons Business Park–under development by Catellus Development Corp.–will make it the networking giant’s largest location outside Silicon Valley. Pacific Commons Business Park will have a total of 8.3 million-sf, according to Catellus spokeswoman Pamela Mathews.

After scouring the entire Bay Area for a new site, the San Jose-based company selected the South Fremont location because of its proximity to affordable housing and communities where land is still available to build. Catellus plans to break ground next spring for the Cisco portion of the Pacific Commons project, which may be completed in less than two years. In addition, the networking giant has two deals to build a 760,000-sf campus in Dublin–with the option to take another 250,000-sf of space–and 290,000-sf in Pleasanton. Both deals are being handled by The CAC Group of San Francisco.

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