Fremont Business Park

Class A Office Space in Fremont, California

Archives for February 2011

Christy Street Welcomes Five New Tenants – Also Sees Three Renew and One Expand

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Fremont Business Park at Christy Street has gotten off to a fast start in 2011, welcoming five new tenants and retaining four more – with one of those four more than tripling the space it rents at the three-building complex.

The attraction for most businesses seems to be Christy Street’s like-new space, convenient Fremont location and added amenities such as monthly meetings of the unique TEAM Christy business-acceleration and executive leadership group. Here’s a closer look at the nine tenants recently signing at Christy Street.

Moving In

The five new tenants, representing a diversity of businesses, all moved into Building 42808 Christy Street.

The Art Blossom
The Art Blossom is an innovative and creative business that celebrates kids and their art. The company provides commercial-grade vinyl wall panels printed with any kind of original art. The removable, reusable vinyl panels will cling to any plain or textured wall and are perfect for families with kids, students in dorm rooms or renters. The company also offers other items that can be decorated with art such as mouse pads, greeting cards and even canvas bags. Special programs are available for schools interested in using classroom art for fundraising programs.

FineArt Albums
FineArt Albums provides professional photographers with comprehensive design, print and binding solutions – specializing in working with wedding photographers to create unique albums for brides. Photographers can send images on a CD or via online file transfer, and FineArt Albums takes it from there. Albums are hand-bound; all photo prints are meticulously glued into place, and photographers or their customers have a wide choice of covers in many styles. Materials range from leathers to acrylics or metals – with gilding or imprinting. The company also offers special services such as custom framing or mounting on Gatorboard, Fome-Cor, Plexiglas, or other materials.

Legacy CPA
Vince Cortese, CPA recently established the main office for Legacy CPA Inc. at Fremont Business Park. Legacy CPA offers a broad range of services in tax, accounting, retirement, and insurance planning for both businesses and individuals. The firm’s principals strive to be highly proactive and build long-term relationships with clients – providing the highest level of service from offices in Fremont, Pleasanton and Albany.

Siteworks General Engineering
Siteworks General Engineering offers quality engineering and site preparation services including excavation, grading and slope work; underground utilities; pavement maintenance and overlays; seal coating and striping; asphalt and asphalt repair; and concrete work. The company handles projects throughout Northern California – including the Sacramento area – from its offices at Christy Street.

Wing Tech
Wing Tech is a Maryland-based management and technology consulting firm that has located its West Coast offices at Fremont Business Park. The company applies cutting-edge decision theory and advanced systems analysis and risk management techniques to help its clients identify, quantify and manage risks and opportunities. Wing Tech specializes in working with companies in the medical technology, healthcare, pharmaceuticals, biotechnology, automotive, and aerospace industries.

Moving Up

Cognate
Cognate has relocated from 42808 Christy to 42840 Christy, more than tripling the space it rents in the process. Cognate provides end-to-end high-value IT staffing solutions for companies across the U.S. In addition, Cognate offers outsourced product development services for established independent software vendors (ISVs) and startups. The company also handles independent software testing, migration and support services.

Vote of Confidence

In addition to the above six tenants, Fremont Business Park recently signed lease renewals with three others located in Building 42840 Christy Street:

CoaguSense
CoaguSense has produced a groundbreaking new home care monitoring device for patients using the anticoagulant drug Coumadin®. With the CoaguSense system, a small finger stick is all that’s needed to produce a blood sample on a test strip – avoiding a trip to the blood draw lab or doctor’s office. The system’s metering device then reads the sample, and physicians can instantly make adjustments – minimizing the chance of clotting. CoaguSense offers the devices exclusively through Abbott and its network of distributors.

Cypher Media
Cypher Media is an online marketing firm that specializes in helping clients reach prospects and customers in channels such as organic search, paid search, display media, e-mail marketing, social networking, blogs, and affiliate marketing programs. The company carefully monitors where ads and messages are displayed and enforces best practices to ensure that all programs are compliant and adhere to SPAM regulations.

Dynatherm
Dynatherm Medical markets FDA-cleared products that take advantage of the body’s natural thermoregulatory anatomy to noninvasively manage the body’s core temperature. This helps avoid hypothermia during surgical procedures – from the pre-op holding area and the surgery suite to the post-anesthesia care unit. Using technology licensed from Dr. Dennis Grahn at Stanford University, Dynatherm has shown it can improve patient outcomes while decreasing healthcare costs.

Learn More

To learn more about why Fremont Business Park is very successfully bringing new businesses like these into its vibrant and fast-growing community when so many office complexes are dealing with massive vacancies, e-mail Lee Jatta, or call (408) 520-2437 x140.  DRE License #01828564

TEAM Member Blog: Small Business Health Care Tax Credit

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This is a TEAM Member blog. If you’d like to contribute, contact Lee Jatta to find out how.

Health coverage legislation enacted this year includes a Small Business Health Care Tax Credit to help small businesses and small tax-exempt organizations afford the cost of covering their workers.  This newletter is to provide you with resources to determine eligibiltiy and more information on how the Tax Credit may help small employers provide health insurance coverage.
IN THIS ISSUE
Eligibility Rules
Amount of Credit
Examples, FAQs, More Information…

Eligibility Rules
  • Providing health care coverage. A qualifying employer must cover at least 50 percent of the cost of health care coverage for some of its workers based on the single rate.
  • Firm size. A qualifying employer must have less than the equivalent of 25 full-time workers (for example, an employer with fewer than 50 half-time workers may be eligible).
  • Average annual wage. A qualifying employer must pay average annual wages below $50,000.
  • Both taxable (for profit) and tax-exempt firms qualify.
Three Simple Steps for Employers to Qualify

To determine if your small business or tax exempt organization qualifies for the Small Business Health Care Tax Credit, follow the three simple steps on our fact sheet.

Amount of Credit
  • Maximum Amount. The credit is worth up to 35 percent of a small business’ premium costs in 2010. On Jan. 1, 2014, this rate increases to 50 percent (35 percent for tax-exempt employers).
  • Phase-out. The credit phases out gradually for firms with average wages between $25,000 and $50,000 and for firms with the equivalent of between 10 and 25 full-time workers.

Examples, FAQs, More Information…

Examples

Scenarios illustrate how the credit applies to employers in different circumstances.

Questions and Answers

Need more detailed information? Click here for FAQ.

For More Information

News release IR-2010-38, New for 2010: Tax Credit Helps Small Employers Provide Health Insurance Coverage, gives a description of the credit and when and how to claim it.   

Please do not hesitate to contact our office if you have any questions or would like additional resources.

Sincerely,

Mark Parelius
Parelius Insurance Services