Class A Office Space in Fremont, California
The San Francisco office market is still the hottest in the country and one of the hottest around the world. The thriving technology sector continues to power the local real estate economy. The economies of agglomeration that have driven technology growth in Silicon Valley over the past 30 years have expanded into San Francisco.
Read the full story at The Registry.
San Jose’s City Council has approved a trio of agreements with Samsung Semiconductor Inc. to build a 680,000-square-foot research and development campus and new North American headquarters in North San Jose.
The project is expected to involve a capital investment of no less than $200 million, assuming an estimated per square foot construction cost of about $300 and excluding the value of business equipment required to outfit the facility.
The campus, which is proposed to include two, 10-story towers, is expected to house 2,000 workers. Samsung has an existing 300,000-square-foot complex at the site, 3655 N. First St., where 370 people already work.
Read the full story at The Registry.
Ivanhoé Cambridge Acquires 73 Office Buildings in Silicon Valley with Partners TPG and DivcoWest
Montreal, Quebec, March 20, 2013 – Ivanhoé Cambridge continues to develop its U.S. office portfolio and announces an investment in California’s Silicon Valley region through the acquisition of 73 office buildings in partnership with affiliates of TPG and DivcoWest, who jointly led the transaction which closed in late December 2012.
This opportunistic investment provides the partners with immediate access to 6.4 million square feet of leasable space with a very attractive potential long-term return.
Read the full story at The Registry here.
New headquarters provide global analytics software leader with a hub for innovation and development in San Jose, Calif.
SAN JOSE, Calif. – January 4, 2013 – FICO (NYSE: FICO), the leading provider of predictive analytics and decision management technology, today announced that it has relocated its corporate headquarters to San Jose, Calif. from Minneapolis. The new headquarters will serve as an innovation and development hub in the heart of Silicon Valley, enabling the company to continue to take advantage of technology innovations in Big Data and cloud computing, and draw from the region’s deep technology talent pool.
The move brings FICO back to its origins — the company was founded as Fair, Isaac in 1956 by engineer Bill Fair and mathematician Earl Isaac, who met when working on operations research projects at the Stanford Research Institute in Menlo Park, Calif. In its early days, the company revolutionized consumer lending through credit scoring, with analytic products such as the FICO® Score, the standard measure of U.S. consumer credit health. Today banks, retailers, insurance companies, government agencies, pharmaceuticals companies, telecommunications firms and many other organizations use FICO analytic software to make better decisions.
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The Fremont Business Park Tenant Appreciation BBQ held on September 27 was a huge success, with employees from all over the complex joining the fun for a free lunch. Thank you to all who attended.
Perhaps most excited was Geeta Kabra of DiscoveRx – she won the drawing for the Apple iPad! You could be next … watch for our next announcement and be sure to join us at the next Fremont Business Park event.