FREMONT — Bloom Energy, extending its East Bay expansion, has leased a big building in Fremont in a business park designed for advanced technology and industrial firms.
San Jose-based Bloom has rented an entire building in a new phase of a business park that is called Pacific Commons South.
The company produces green energy fuel cells that can produce electricity at or near the location where the power is to be used. The fuel cells are called Bloom Energy Servers.
Bloom Energy leased a building in Fremont that totals 164,300 square feet at 44408 Pacific Commons Blvd. one of the 10 buildings in the business park, according to a regulatory filing with the Securities and Exchange Commission.
This big rental transaction isn’t the only Fremont lease for Bloom Energy. Last year, Bloom rented 88,200 square feet at 44370 Christy St.
In the most recent transaction, brokers from commercial real estate firms CBRE and JLL arranged the lease, according to the SEC filing. CBRE brokers Chip Sutherland, Rob Shannon, and Robert Ferraro have been marketing the Pacific Commons South business park.
It appears that Bloom Energy intends to use the building for manufacturing and office space, the SEC document shows.
The interior improvements will be carried out in multiple phases, according to the regulatory filing.
“Phase one” of the interior improvements will focus on “approximately 45,000 square feet to support the first two production lines as well as other assorted production equipment,” the SEC documents show.
Upgrades also are planned for the remaining 119,300 square feet of the building.
The second phase of the interior upgrades for the remainder of the building will include “general office space” and “additional production lines,” according to the filing.