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Tech Firm Lands Buyer for East Bay Area R&D Campus, but at Lower-Than-Expected Price

Madison Capital Closes on Seagate’s 31-Acre Fremont Complex in $260 Million Leaseback Deal
Seagate, an Ireland-based maker of computer hard drives, purchased the former Solyndra campus in Fremont, California, for $90.2 million nearly a decade ago. (CoStar)
Seagate, an Ireland-based maker of computer hard drives, purchased the former Solyndra campus in Fremont, California, for $90.2 million nearly a decade ago. (CoStar)
CoStar News
May 30, 2023 | 9:51 P.M.

A high-profile research and development campus with neighbors such as Tesla and Meta has landed a buyer, but in a sign of the challenges facing the San Francisco Bay Area's commercial real estate market, at a lower price than initially anticipated.

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