BuildingsCisco Systems Signs on for 19 Silicon Valley

MILPITAS, CA—Three months after Cisco Systems Inc. agreed to occupy 10 planned buildings at the Irvine Co.’s expanding McCarthy Center in Milpitas, it has leased nine additional buildings there. The networking giant will now have more than one million sf at that campus just north of San Jose.

The latest deal gives Cisco 480,000 sf in nine buildings to add to 572,000 sf in 10 two-story buildings leased in April. With this transaction, the company will become Irvine’s largest single tenant.

Bill Halford, president of the Irvine Office Co., says Cisco’s decision to occupy the entire complex “speaks to the growing demand in this area for flexible, high tech office space.”