19.11.2020
Big north San Jose industrial complex planned at just-bought site. Veteran real estate firm plans redevelopment of north San Jose property
FREMONT — A huge industrial park in Fremont that’s already landed Amazon as a tenant has launched its second phase, featuring hundreds of electric vehicle chargers.
Pacific Commons South offers buildings for advanced manufacturing, research, and warehouse operations, and when complete, the complex is expected to total 1.7 million square free and occupy 150 acres in Fremont.
The development’s first phase totals 982,000 square feet and the second phase totals 737,000 square feet, according to project owner and developer Overton Moore Properties and project marketing agent, CBRE, a commercial real estate firm.
“We view the Pacific Commons South development as a generational acquisition where we can create a unique environment of scale,” Timur Tecimer, chief executive officer of Overton Moore Properties, said in a blog post about the project.
The project’s leasing agents, CBRE brokers Rob Shannon, Chip Sutherland, and Robert Ferraro, believe Pacific Commons South is a different sort of industrial, research, and manufacturing hub.
“Industrial doesn’t have to mean isolation,” CBRE stated in a post about the industrial and research center. “Pacific Commons South is the ‘next new thing’ in Silicon Valley’s industrial transformation.”
Four buildings totaling 1.04 million square feet have been leased, said Sara Johnston, a CBRE communications manager. About 678,000 is still available for rent, Johnson added.
One of the tenants in the first phase is Amazon, which has been dramatically expanding its footprint in an array of Bay Area sites.
“The operation provides the ‘last mile’ of the customer order delivery phase,” Amazon stated in a document on file with the city of Fremont.
The project’s leasing agents, CBRE brokers Rob Shannon, Chip Sutherland, and Robert Ferraro, believe Pacific Commons South is a different sort of industrial, research, and manufacturing hub.
“Industrial doesn’t have to mean isolation,” CBRE stated in a post about the industrial and research center. “Pacific Commons South is the ‘next new thing’ in Silicon Valley’s industrial transformation.”
Four buildings totaling 1.04 million square feet have been leased, said Sara Johnston, a CBRE communications manager. About 678,000 is still available for rent, Johnson added.
One of the tenants in the first phase is Amazon, which has been dramatically expanding its footprint in an array of Bay Area sites.
“The operation provides the ‘last mile’ of the customer order delivery phase,” Amazon stated in a document on file with the city of Fremont.
19.11.2020
Big north San Jose industrial complex planned at just-bought site. Veteran real estate firm plans redevelopment of north San Jose property
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