Updated Aug 28, 2026
MiTAC Holdings Expands Industrial Footprint With Lease At 47100 Lakeview Boulevard In Fremont, CA
47100 Lakeview Boulevard
Building Size
470,000 SF
Asset Type
Industrial
Closing
Aug 11, 2026
About this deal
AI
The industrial asset located at 47100 Lakeview Boulevard in Fremont, CA, encompasses a substantial area of 470,000 square feet. This property is positioned in a market with increasing demand for advanced manufacturing space, particularly as investments in AI and cloud infrastructure rise.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not specified
- Address: 47100 Lakeview Boulevard
- Market: Fremont, CA
- Landlord: David Gilbert - Clarion Partners, Tom Ashcraft - 9th Street Partners, CBRE
- Tenant: Matthew Miau - MiTAC Holdings Corporation
The transaction involves MiTAC Holdings’ server manufacturing unit preleasing the second phase of 9th Street Partners’ campus at this location, even prior to the commencement of construction. This transaction adds to MiTAC's existing footprint of nearly 350,000 square feet in Fremont, highlighting the company's growth in response to increasing demands in the sector.
Players
Fremont Industrial Market Snapshot
Boundary boundary · Industrial · Lease transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93