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Redwood Business Park Signs New Tenant

PETALUMA, CA-Basin Street Properties has found a new tenant to occupy space in its million sf business park in Petaluma. Occam Networks has signed a long-term lease with the development company.

By Michelle Savage | Updated on September 19, 2001

PETALUMA, CA-Occam Networks, Inc., a research and development company based in Santa Barbara, has signed along-term lease agreement with Basin Street Properties to occupy space in the Redwood Business Park, a 30-building office campus in Petaluma.

Occam will occupy 1700 sf of space at the business park, which is located at 1318 Redwood Way immediately. Basin Street Properties represented itself in the transaction, while Shawn Greenway of Lee and Associates represented Occam Networks. Basin Street Properties representatives say that there is currently additional space in the complex for rent, although it is moving fast.

“Companies, such as Occan Metworks, see the value of expansion in this sub-market,” says Scott Stranzl, vice president of Basin Street Properties. “They are coming into the market to tap the existing critical mass of engineers.”

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