Laserfiche WebLink
Lease rates today in San Leandro are as low as $0.40 /sq ft/month (Reynolds and Brown) whereas <br />a lit Class A office building would lease for about $3.00 /sq ft/month (David Inner). This would <br />have the effect of creating a like increase in value of strictures and it would help achieve a <br />higher % leased. The most important feature is that it creates a unique feature for next gen <br />manufacturers that cannot be matched in other Bay Area Cities. The closest is Santa Clara <br />(which has itsr own fiber loop) but because of the proximity to land and workers, is not very <br />competitive with San Leandro. This uniqueness also provides the incentive for building owners <br />and developers to remove the older generation of manufacturer and build high tech buildings <br />and plants. This is critical because most of the existing strictures are not suitable for the high <br />tech industry and until the potential upside is large enough, investors cannot justify this curtail <br />step. A description of the Lit San Leandro project is available by email at pat2osisoft.com <br />1677047x4 27 Lit San Leandro Fiber Optic License <br />