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ONI Systems Signs 10-Year Build-to-Suit Lease

SAN JOSE - The newly-public maker of optical telecommunications systems is having Mission West Properties build it a 455,000-sf, five-building campus organize and centralize workers.

By David Scholz | Updated on August 10, 2000

ONI Systems Corp. has signed a 10-year lease with Mission West Properties Inc. for a 455,000-sf, build-to-suit headquarters complex on 2.5 acres in South San Jose.

A maker of optical communications fiber that recently went public, ONI is having five buildings constructed at Silver Creek Business Park, near the southern intersection of Highways 85 and 101. Initial plans include occupancy of three buildings. Move-in is slated for the second quarter of 2001.

The project consists of four 98,500 square foot buildings and one 50,000 square foot building, with an aggregate maximum capacity of 1,600 employees. Being able to cluster key functions such as engineering, marketing and manufacturing on the new campus was key to its selection, said Hugh Martin, ONI president and CEO.

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