While economists continue to debate how robust the nation\u2019s economic recovery is, Silicon Valley seems to be ahead of the curve. At Fremont Business Park \u2014 as you may have noticed \u2014 there\u2019s been a steady stream of new tenants moving in and existing tenants renewing or expanding into additional space.<\/p>\n
The result?<\/p>\n
\u2022\u00a0\u00a0\u00a0\u00a0 Fremont Business Park\u2019s occupancy has recently exceeded 97%<\/strong>!<\/p>\n \u2022\u00a0\u00a0\u00a0\u00a0 Rents have risen to $2.00 to $2.06 per sq. ft.<\/strong> (full-service) and are likely to continue to rise<\/p>\n \u2022\u00a0\u00a0\u00a0\u00a0 Some smaller spaces remain available<\/strong> for tenants looking to expand or move, or who have business associates that might be interested in space<\/p>\n <\/p>\n Don\u2019t Miss This Opportunity<\/strong><\/p>\n 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.<\/p>\n 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 \u2014 as well as the building\u2019s many amenities such as its high-speed, fiber-optic Internet service, common conference room, fitness facility, LED lighting, secure electronic entry, and more. Here\u2019s what you can do:<\/p>\n \u2022\u00a0\u00a0\u00a0\u00a0 Create a lower, blended lease rate \u2014<\/strong> If your lease is coming due at Fremont Business Park in the next 6 to18 months, now\u2019s 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.<\/p>\n \u2022\u00a0\u00a0\u00a0\u00a0 Take advantage of our referral program \u2014<\/strong> Don\u2019t 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 \u2014 we\u2019ll do the rest!<\/p>\n