A struggling hard-drive maker based in Ireland has listed its 31-acre, 575K SF Silicon Valley research campus for sale, asking for $300M and a seven-year leaseback deal.
Cushman & Wakefield is representing Seagate Technology Holdings in the sale-leaseback of the complex located at 47,488 Kato Road in Fremont, a San Jose suburb, according to a report in the San Francisco Business Times.
Seagate, which is laying off 8% of its global workforce, also is listing a 400K SF research campus in Longmont, CO.
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