Seagate Technology has put its Fremont R&D campus up for sale in a leaseback deal, aiming to unlock capital while continuing operations at the site. The move highlights strategic asset management amid market shifts.
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Nearly 300 affordable homes are set to be built in Fremont after a developer purchased land for $11.5 million. The project aims to address the region’s housing shortage and provide more accessible living options.
Tesla is set to take over the Fremont facility originally planned for Applied Materials, marking a significant shift in the site’s future use and highlighting Tesla’s expanding footprint in the Bay Area manufacturing landscape.