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MOUNTAIN VIEW, CA-Savi Technology has leased 91,000 sf at Mountain View Corporate Center, a 266,000-sf, five building development is managed by Rreef and leased by Cornish & Carey Commercial. On the heels of a 36,255-sf lease in June, the mid-term lease to Savi takes the development to full occupancy.

Savi, which makes radio frequency identification (RFID) hardware and software, signed a six-year lease in late July. Savi’s leasehold is in two buildings, 351 and 381 East Evelyn Ave. The lease commences in January 2007. The negotiated lease rate was not released by the parties involved; the triple-net asking lease rate was $1.25 per sf per month.

Rod Scherba, Jack Troedson and Ben Stern of C&C represent the Mountain View Corporate Center on behalf of RREEF. In June, Teneros leased 36,255-sf at 321 East Evelyn Ave. It plans to occupy that space this October. Teneros has created a software application that allows employees’ email, calendar, contacts and task items to switch over to another unit when a company’s server goes down, expectedly or unexpectedly.

Mountain View Corporate Center is located across the street from a light rail station. On-site amenities include volleyball, basketball and a picnic area. Rreef recently completed $2 million in renovations to the property. Existing tenants at Mountain View Corporate Center include Cytyc Surgical Products, Pharsight Corp. and Conceptus.

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