Cassidy Turley CPS Significant Deals – December 16, 2010

Published on December 16, 2010


San Francisco - Cassidy Turley, a leading commercial real estate services provider in the U.S., announced today….

 

Flextronics Medical Division, Availmed, Renews 341,349 SF Facility in Tijuana

December 16, 2010 – Dan Hollingsworth, Steve Pace, Tom McGovern, and Karen Sigl with Cassidy Turley CPS represented tenant Availmed, S.A. de C.V., the medical division of Flextronics, in its lease renewal totaling 341,349 square feet in Tijuana, MX. The industrial facility is owned by Vesta Baja California and is known as La Mesa Vesta Park.

 

Cassidy Turley CPS Represents Arden Realty Group in Multiple New Central Silicon Valley Office/R&D Transactions

December 16, 2010 – The listing team of Brandon Bain, Erik Hallgrimson and Steve Horton with Cassidy Turley CPS has successfully represented property owner Arden Realty Group, LTD in three new office/R&D lease transactions totaling ±88,686 square feet in the central Silicon Valley cities of Santa Clara and Sunnyvale. 

In the largest of the three deals, the listing team represented Arden Realty in the lease of a 56,606-square-foot office/R&D building in Santa Clara to tenant Tektronix, Inc. The two-story building is located at 2575 Augustine Drive, providing high visibility and building signage on Highway 101. Headquartered in Beaverton, Oregon, Tektronix is a leading supplier of test instrumentation for engineers.

In the second transaction, the listing team represented Arden Realty in the lease of a 22,080-square-foot office/R&D building in the heart of Santa Clara to tenant AC Photonics, Inc. The single-story, freestanding building is located at 2701 Northwestern Parkway.

And in the third transaction, the listing team represented Arden Realty in its lease of 10,000 square feet of R&D space in Sunnyvale to tenant Stradis, Inc. The property is located at 931 Benecia Avenue.


Flextronics Sublets 76,400 SF Space to Rand-Whitney in Portsmouth, N.H.

December 16, 2010 – Dan Hollingsworth, Steve Pace, Tom McGovern and Karen Sigl with Cassidy Turley CPS successfully represented sublessor Flextronics in its subletting 76,400 square feet of R&D/flex space in Portsmouth, New Hampshire.  The sublessor is Rand-Whitney Packaging Corporation, an industry leader in packaging solutions. Headquartered in Singapore and U.S.-based in Milpitas, Flextronics is a leading Fortune Global 500 Electronics Manufacturing Services (EMS) provider. The Rand-Whitney Group comprises one of the largest suppliers of paperboard products in the country.

 

Panasas Leases 20,358 SF High Performance R&D Building in Sunnyvale

December 16, 2010 – Steve Horton and Brian McClenahan with Cassidy Turley CPS represented property owner Mozart Development Company in the lease of a 20,358-square-foot R&D building located at 969 West Maude Avenue in Sunnyvale. The tenant is Panasas, Inc., a leader in high performance scale-out network storage solutions. The single-story building is part of a two-building project along with 965 Maude Avenue, which is currently vacant and active on the market.  Both buildings were recently renovated with new Class A interiors and exteriors. The site is easily accessible to Highways 237, 101 and 85 and Central Expressway and is walking distance to Sunnyvale Municipal Golf Course.

 

EVE, Inc. Renews Top Floor Office Space in North San Jose

December 16, 2010 – Steve Horton and Colin Feichtmeir with Cassidy Turley CPS represented property owner TA Associates in the lease renewal of existing tenant, EVE, Inc. at 2290 North First Street in San Jose. Eve is located in 9,032 square feet on the top floor of the 3-story office building. The North San Jose property is conveniently located at the prominent corner of North First Street and Charcot Avenue, providing immediate access to Highways 101 and 87 and the SJ Airport, as well as a Light Rail station positioned in front of the building.

 

EOP Gains New Tenant, ProHealth Home Care, at Valley Tech Center in North San Jose

December 16, 2010 – Steve Horton and Alan Guterman with Cassidy Turley CPS represented property owner Equity Office Properties in a new lease of 7,735 square feet of R&D space at 2700 Zanker Road in North San Jose. The tenant is ProHealth Home Care, which leased a portion of the ground floor of the 2-story building. The property is part of a larger Class A campus known as the Valley Technology Center, which recently completed renovations for new first class lobbies with high-end finishes and other market ready upgrades. It provides easy access to Highways 101 and 880.

 

Bourns, Inc. Leases 7,533 SF Office Space in Santa Clara

December 16, 2010 – Dan Hollingsworth, Steve Pace and Karen Sigl with Cassidy Turley CPS represented tenant Bourns, Inc. in a new lease of 7,533 square feet of office space at 3910 Freedom Circle in Santa Clara. Bourns, a leading global manufacturer of electronic components and integrated solutions, took a ground floor suite within the two-story building.  The property is part of a 12 building campus owned by RREEF known as Marriott Business Park. 

 

Contact:

Mark Bollozos 
415.781.8100

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