Drawbridge Realty, a prominent real estate firm, has recently signed a long-term lease agreement with ASML, a leading semiconductor manufacturer. The lease covers a total area of 55,227 square feet and is for an office space located at 16707 Via Del Campo Court in San Diego. The property, known as Via Del Campo Court II, is a Class A office and research and development building.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: Not disclosed
• Address: 16707 Via Del Campo Court, San Diego
• Market: San Diego
• Landlord: Drawbridge Realty - Michael Embree
• Tenant: ASML
• Brokers: Damon Melda, Jay Alexander & Tim Olson - JLL

This lease agreement marks a significant milestone as it is the first speculative construction project in Rancho Bernardo in over a decade. The office and R&D building are expected to be ready for occupancy this summer, providing ASML with a modern and state-of-the-art facility to carry out its semiconductor manufacturing activities.