SAN JOSE—All seven buildings of the 27-acre former LAM Research campus on North First Street were constructed in the 1980s and 1990s. Fast forward to today and redevelopment construction is underway to transform the campus, according to a partnership made up of ProspectHill Group and SKS Partners with Invesco Real Estate.
The partnership has branded the new campus Assembly at North First. Occupancy will be available in late summer of 2018.
“Assembly stands on its own merits as a real estate redevelopment project and we are confident of its success. However, the recent announcement by Microsoft to build 1 million square feet in North San Jose near Highway 237 plus San Jose's plans to bid for Amazon's second campus and use a number of development sites along the North First Street corridor as part of its proposal, is reinforcing to us that we have the right project in the right place and at the right time,” Gambhir Kaushek, a principal with ProspectHill Group, tells GlobeSt.com.
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Lisa Brown
Lisa Brown is an editor for the south and west regions of GlobeSt.com. She has 25-plus years of real estate experience, with a regional PR role at Grubb & Ellis and a national communications position at MMI. Brown also spent 10 years as executive director at NAIOP San Francisco Bay Area chapter, where she led the organization to achieving its first national award honors and recognition on Capitol Hill. She has written extensively on commercial real estate topics and edited numerous pieces on the subject.
