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Bixby Technology Park Full to the Brim

SAN JOSE, CA-Thanks to a 97,000-sf renewal and 50,000 sf of new leasing, the 302,000-sf five-building R&D park is now 100% leased.

By Brian K. Miller | Updated on January 10, 2008

SAN JOSE, CA-The 302,000-sf Bixby Technology Park here is now fully leased thanks to a 97,000-sf renewal and 50,000 sf of new leasing in recent weeks. Built in 2000, the five-building park on Gold Street north of Highway 237 is owned by Bixby Land Co., a private REIT based in Irvine.

The renewal was by Foundry Networks, which occupies 96,845 sf at 2100 & 2130 Gold St., which together total 123,500 sf. The supplier of high-performance enterprise and service provider switching, routing, security, and application traffic management solutions inked a 32-month lease extension.

The largest of the new leases was a 26,758-sf, five-year deal with Software AG, a developer and licenser of enterprise system software products. The company leased about half of a 52,000-sf building at 2150 Gold St. In the third deal, Minerva Networks, a professional service provider for IP television deployments, signed a five-year lease for the remainder of 2150 Gold St. TiVo Inc., the creator of television services for digital video recorders (DVRs), leases the remainder of the park.

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