Industry News

Sun Microsystems has signed a lease for 525,000 sf at Wilson/Equity Office's Foundry Square in San Francisco. The Palo Alto, Calif., computer manufacturing giant may lease an additional building at the Foundry site for a total of 3 buildings and 855,000 sf. Although space function has yet to be determined, such expansion could house up to 4,000 employees. Approval for a fourth building at the Foundry is pending for builder Wilson.

Cisco Systems Inc. plans to occupy two of three buildings under development at Emerald Point in Dublin. The two buildings, currently under construction, will provide general office and R&D space for Cisco. The first building is scheduled for occupancy in spring 2001, the second in spring 2002. Opus West is the developer. Cisco is expanding in a number of San Francisco bay area cities including Pleasanton, Fremont, Coyote Valley, Milpitas, Alviso, and Petaluma.

Multek Inc. plans to build a state-of-the-art printed circuit board plant in Austin. The company is seeking a 50-acre site for the manufacturing center that would employ as many as 1,800 people when it opens in mid- to late 2002. Multek is consulting with Endeavor Real Estate Group of Austin on the development of the project.

Mayville Metal Products, based in Creedmor, N.C., is seeking an Austin site to build a 80,000-sf integration center, including a 10,000-sf cleanroom, for the semiconductor industry. Mayville will integrate the 300mm (12-inch) wafer at the new site. The company will close its 30,000-sf logistics center in southeast Austin.

America Online (AOL) has expansion plans in Northern Virginia. Construction began in late 2000 on a new $555 million technology center in Gainesville, similar to the one AOL has in Manassas. Both are in Prince William County, Va. At the company's headquarters in Dulles, an $86 million expansion is under way with two new buildings where 1,200 employees will be housed. One of the buildings is nearing completion.