High-rise commercial buildings

Sub Markets

Property Sectors

Topics

California CRE News In Your Inbox.

Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.

California  + Bay Area  + Industrial  | 

Server Manufacturer MiTAC Leases Entirety of 470K-SF Fremont Campus

Illustrating the strong demand among artificial intelligence hardware companies for Silicon Valley manufacturing space even before it’s built, a unit of Taiwan-based MiTAC Holdings Corp. has committed to the second phase of 0th Street Partners’ new Campus at Bayside, a nearly 470,000-square-foot development in Fremont, reported the Silicon Valley Business Journal. Phase II has not yet launched construction, and MiTAC’s server manufacturing business has already leased the project’s first three buildings, which are nearing completion.

MiTAC already has a substantial presence in Fremont, which accounted for 75% of Silicon Valley’s advanced manufacturing leasing activity last year and continues to attract companies building AI infrastructure, the Business Journal reported. It has leased nearly 350,000 square feet at Fremont Technology Center, which was delivered in early 2025.

The company’s expansion reflects surging investment in the hardware behind AI and cloud computing, reported the Business Journal. Global technology spending is expected to reach nearly $6.4 trillion in 2026, up 14.2% year-over-year, according to research and advisory firm Gartner.

Rendering courtesy of 9th Street Partners.

Hear from the West Coast’s Leading Industrial Real Estate Experts | August 20
Gain firsthand insight from the executives, investors, and developers navigating today’s industrial market. From shifting capital flows and debt trends to evolving occupier demand and development strategies, take part in the conversations shaping the future of industrial real estate. Register now: www.connectindustrialwest2026.com

Connect

Inside The Story

9th Street Partners

About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

  • ◦Lease
New call-to-action
New call-to-action
New call-to-action
New call-to-action