Fremont Business Park

Class A Office Space in Fremont, California

Cities like Fremont and Campbell Heating Up

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campbellThe Carlyle Group is buying Lincoln Court, one of the few higher-end office complexes in Campbell, in a deal rumored to be roughly $41 million, or $335 per square foot. Principal Global Investors is the seller.

Campbell is a market with limited inventory, and brokers say the West Valley city is poised to pick up as tenants get pushed out of nearby markets such as Los Gatos, where Netflix has continued to gobble up space. In a sign of bullishness on the market, Carlyle is raising asking rents at the 124,000 square foot, courtyard-style building located at 2105 S. Bascom Ave. to $3.75 per foot, full service.

Read the full story in the Silicon Valley Business Journal.

Multifamily Development Segment Rides a Perfect Storm

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crescentAs the commercial building boom accelerates within the South Bay’s Golden Triangle district, the burgeoning North San Jose tech district bounded by highways 101, 880 and 237, future workers will be able to take advantage of new residential options rising in the surrounding regions and linked by bus, light rail and, in the near future, BART.

Tech giants such as Samsung and others are expanding their operations within the Golden Triangle while other major players, such as Adobe, Acer, Oracle and Pinger, continue to lure technology workers within the downtown San Jose core. These workers, according to Jerry Nickelsburg, senior economist with the UCLA Anderson Forecast, are predominately Millennials (18-33) who prefer to live close to work in more densely populated areas rife with restaurants and shops.

Read the full story at The Registery, here.

Space and Time Are Running Short — “Blended” Lease Rates Offer Businesses Significant Savings

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While economists continue to debate how robust the nation’s economic recovery is, Silicon Valley seems to be ahead of the curve. At Fremont Business Park — as you may have noticed — there’s been a steady stream of new tenants moving in and existing tenants renewing or expanding into additional space.

The result?

•     Fremont Business Park’s occupancy has recently exceeded 97%!

•     Rents have risen to $2.00 to $2.06 per sq. ft. (full-service) and are likely to continue to rise

•     Some smaller spaces remain available for tenants looking to expand or move, or who have business associates that might be interested in space

 

Don’t Miss This Opportunity

The improving economic climate in Silicon Valley will provide opportunities for all businesses to increase revenues. At the same time, it will necessitate intelligent cost management to enhance profitability.

Even at $2-plus per sq. ft., Fremont Business Park space remains an outstanding value based on its ideal location near freeways, BART and Pacific Commons shopping and services — as well as the building’s many amenities such as its high-speed, fiber-optic Internet service, common conference room, fitness facility, LED lighting, secure electronic entry, and more. Here’s what you can do:

•     Create a lower, blended lease rate — If your lease is coming due at Fremont Business Park in the next 6 to18 months, now’s the time to talk to building management about an extension. Locking in a rate now can create a favorable blended rate that will keep your expenses down over time.

•     Take advantage of our referral program — Don’t forget: Fremont Business Park is still offering attractive incentives for businesses you refer that lease space here. Just give us a name and contact information — we’ll do the rest!

Act Now

Don’t wait! Act now before the remaining space is gone, or rates increase again. E-mail Lee Jatta at lee@borelli.com, or call him at (408) 453-4700 x140.

Mark Your Calendars — Next Free TEAM Christy Luncheon on September 27th Is a Must-Attend Networking Opportunity

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Where do you find your customers? In the newspaper? On radio and TV? Or by networking and making connections with new prospects through people you know?

If you haven’t already, it’s time you met your neighbors at Fremont Business Park at Christy Street. The next quarterly TEAM Christy get-together is a barbecue and networking event on Thursday, September 27th from 11:30 a.m. to 1:30 p.m.

teamchristystreetlogo

TEAM Christy BBQ Get-Together

Thursday, September 27th

11:30 a.m. – 1:30 p.m.

BBQ, Fixings and Beverages

Mini-Trade Show Space Available

Meet your neighbors…potentially

uncover new prospects

EVENT IS FREE

Registration required — print ticket from this site:

http://fbp-sept2012bbq.eventbrite.com

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Identify Hidden Business Potential

Getting to know your neighbors can be a big plus. Even if other businesses at Fremont Business Park aren’t immediate prospects for you, the professionals who work here may have viable leads for businesses or consumers that could use your products and services. In turn, you may be able to share business prospects or marketing strategies and ideas with your new business acquaintances.

The more networking you do, the better opportunity you have of uncovering profitable new business — right at your doorstep!

Limited Number of Tables Available

A limited number of marketing tables will be available — first come, first served — for you to display your products or marketing literature for other attendees. Just like the barbecue lunch, the tables are absolutely free of charge. Contact Lee Jatta to reserve yours now.

Win a free Apple iPad

Register today for the free Fremont Business Park BBQ Get-Together. Then, don’t forget to bring your Eventbrite admission ticket to enter a door prize drawing for an Apple gift card that will get you a new Apple iPad. We’ll see all of you on September 27th!

For more information,

contact Lee Jatta.

(408) 453-4700 x140

Sponsored by TriCastle Partnership

and

Borelli Investment Company

Another Wave of Tenants at Fremont Business Park

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Two more businesses have signed lease agreements to make Fremont Business Park their home for the foreseeable future. WaveConnex — a Westlake Village-based maker of revolutionary solid-state connectors — will open a Northern California office in Building 42808 Christy Street. And Agnity— which develops application solutions and provides technology services for communications, healthcare, energy, and financial services companies — has extended its lease in the same building.

WaveConnex

WaveConnex is working to transform the design of electronic products such as Internet infrastructure components, smart cards and various forms of electronic entertainment through the development of contactless connectors. About the size of a grain of rice, WaveConnex connector chips eliminate the direct contact required by a conventional connector — avoiding drawbacks such as physical wear, sensitivity to vibrations and tight design tolerances. The solid-state connectors are based upon leading edge technology developed at and licensed from UCLA. For more information, e-mail WaveConnex.

Agnity

Agnity is a leader in designing, developing and deploying application solutions for businesses, network equipment manufacturers and service providers. The company is a recognized leader in creating innovative solutions in operations/business support, billing and mediation, mobile services, and other key areas for communication service providers. In healthcare, Agnity is developing innovative mobile care, telemedicine, collaboration, and electronic medical records solutions. The company is also designing and implementing highly complex, mission-critical solutions for tier 1 financial institutions and large energy companies. To learn more, e-mail Agnity.

Space Is Going Fast

Only three offices remain in all three buildings at Fremont Business Park, with market interest remaining quite strong. So, if you would like to tour this ideally located business complex with a range of amenities — from its own high-speed, fiber-optic Internet service to an on-site fitness facility and fully equipped conference room — e-mail Lee Jatta right away, or call (408) 453-4700 x140.  DRE License #01828564