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With Lease for 35K SF, Fremont Business Park 100% Occupied
HYC, a global leader in industrial automatic test equipment and system solutions, leased the last 35,000 sq. ft. flex-tech building at Pacific Commons South (PCS) in Fremont, one of the largest industrial speculative projects developed in Silicon Valley. The 1.7 million-square-foot industrial business park is now fully occupied.
CBRE’s Rob Shannon, Chip Sutherland and Bob Ferraro represented the landlord, a joint venture between Overton Moore Properties and Invesco Real Estate, from land sale through the leasing of all 10 buildings and permanent debt financing.
“Pacific Commons South has been a unique project since its conception that offers the amenities of a suburban office campus with top-of-the-line features expected of a Class A industrial center,” said Shannon. “The project’s building attributes, access to pedestrian and bike trails, proximity to retail and restaurants and major interstates provide the amenities that tenants and their employees covet, making it a game changer in the industrial sector.”
- ◦Lease
