An Irish tech firm that sold its Silicon Valley research and development campus last year and leased it back for ten years is aiming to reduce its footprint at the 575K SF complex.
Dublin-based data storage company Seagate Technologies is offering for sublease 103K SF of the campus, located at 47488 Kato Road in Fremont. The sublease is being marketed by Cushman & Wakefield and Cresa, according to a report in the San Francisco Business Times.
Madison Capital and partner Sixth Street acquired the 30-acre campus for $260M in a deal that closed last May. The deal included an 11-acre parcel of undeveloped land behind the R&D building.
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