CoStar Web Site - May 13, 2004
Hitachi Global Storage Technologies (Hitachi GST), one of the world's leading suppliers of hard disk drives, struck a deal to relocate its corporate headquarters and research functions to another corporate campus in San Jose, while retaining its development, manufacturing and support operations at the company's current 332-acre campus on Cottle Road.
In one of the largest subleases ever signed in Silicon Valley, the technology firm agreed to a long-term sublease with an option to purchase the entire 21-acre, 367,500-square-foot flex/R&D campus at 3403 Yerba Buena Blvd. in San Jose, CA. Hitachi GST plans to relocate 650 employees from its headquarters and research center to the Yerba Buena campus in late Spring 2005.
Bob Steinbock, Scott Prosser and Mark Schmidt of CB Richard Ellis in San Jose represented the sublessor, Celanese Americas Corp. According to Trammell Crow Co., which was marketing the Yuerba Buena Boulevard campus, it was originally developed by Syntex Corp. at a cost of more than $100 million as the company's preeminent testing lab and is located adjacent to Mission West Properties' and Legacy Partners' campus developments.
Sphere: Related Content
Saturday, May 22, 2004
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment