As the uneven economic recovery continues in the U.S., a bright piece of news came last week from Colliers International, one of the world’s leading commercial real estate firms. In the third quarter of 2010, the U.S. office market absorbed 6.5 million sq. ft. of space, compared with 1.8 million sq. ft. in the second quarter.

According to the Colliers report, San Francisco was one of the top-performing markets along with Washington, D.C. and New York City. In the Bay Area, not surprisingly, the expansion of technology-based businesses was a primary driving factor for absorption. And as previously noted in this blog, the Fremont area continues to be a particularly strong technology submarket fueling the San Francisco Bay Area absorption trends.

Two Businesses Extend Leases at Fremont Business Park
Recently, two members of the TEAM Christy business community signed significant extensions of their leases at Fremont Business Park.

American Megatrends Inc. (AMI) – For the past 25 years, AMI has been a leader in creating key hardware and software solutions for the global computer marketplace. Headquartered in Atlanta, AMI boasts a number of industry firsts, such as: building motherboards based on Intel 386, 486 and Quad-Xeon processors, working with the de facto industry standard BIOS interface, developing industry-leading RAID and storage solutions, and more. At Fremont Business Park, AMI has extended its lease on 6,150 sq. ft. of space in Building 42808 Christy Street.

embedUR Systems – embedUR Systems is an engineering services company that develops reliable, scalable, high-performance software for embedded systems – especially in the telecom and data networking, automated test, process control, and embedded service markets. The company has offices in the U.S. and India, and has extended its lease for 2,400 sq. ft. of space at Fremont Business Park.

CoMira Solutions Moves Across the Bay
Fremont Business Park also welcomes a new tenant to the complex. CoMira Solutions has relocated from Los Altos, occupying 600 sq. ft. of space in 42501 Albrae Street at Fremont Business Park.

CoMira engineers are involved in many aspects of electronic product design and development based on multiple system-on-a-chip (SoC)-supported platforms. The company also creates and licenses intellectual property, and provides engineering consulting to clients worldwide.

Space Is Moving Fast
The Colliers report noted that with development of new office space virtually non-existent across the U.S., as a market such as Fremont gains momentum, available space will go fast – and that means lease rates are likely to rise as demand increases relative to supply. So don’t wait. There’s still a good selection of spaces at Fremont Business Park. But if you’re interested in making a move, e-mail Lee Jatta right away, or call him at 408-520-2437 x140. DRE License #01828564

I guess when you specialize in helping other companies develop business intelligence strategies and create roadmaps to more successful performance, it’s not a stretch to say that you know how to make equally smart decisions when it comes to your business.

And so we’ll let you draw your own conclusions when we announce that Infometry Inc. – a young, fast-rising firm that provides technology and management consulting in business intelligence, enterprise performance management, data management, and enterprise collaboration management – has made a smart move into a 450 sq. ft. office at Fremont Business Park in Building 42808 Christy St., Suite 124.

Insight, Not Just Information
Infometry uses proven methodology that takes data a company might store in many different computer systems and provides a 360-degree view of the company’s business, ensuring true insight into the company’s performance. Infometry also creates an end-to-end data warehouse that delivers a single source of truth for enterprise reports and enables what-if analysis as well as real-time dashboards that a business can use to intelligently steer its course day-to-day. Many companies have found that they receive a positive ROI from Infometry’s solutions in as little as 9 weeks.

Ideal Fremont Location
Infometry CEO Nag Dinamani said that one reason for choosing Fremont Business Park was because of its ideal location in Fremont.

“Our office puts us close to our clients on the Peninsula in the Redwood Shores area, and also in San Jose,” Dinamani said. The Christy Street complex is just off I-880, not far from the Dumbarton Bridge. In addition, a variety of dining and shopping options are right down the street at the Pacific Commons shopping center.

Other intelligent reasons for choosing Fremont Business Park include:

• Private micro-spaces like the one Infometry chose to suit its needs today, with room to grow when additional space is needed in the future
• A brand new onsite fitness facility
• Common conference room with the latest equipment
• TEAM Christy, a business-acceleration and executive development group with free monthly meetings led by Vistage International – the world’s leading firm for CEOs.

To learn more about Infometry and its services, visit the Infometry Inc. website.

Blog On!
This is your blog – the tenants at Fremont Business Park at Christy Street. If you’d like to find out how to contribute to the blog, go here. For more information about Christy Street’s space, e-mail Lee Jatta, or call him at (408) 520-2437. DRE License #01828564