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Friday, May 20, 2022

Bloom Energy Undertakes Major New Expansion in North San Jose

SAN JOSE — Bloom Energy has entered into a leasing agreement that will enable a new expansion north of San Jose for a creator of cutting-edge clean energy technologies, executives said Wednesday.

The green energy company has leased 32,800 square feet, an agreement that allows Bloom Energy to occupy the entire large North First Street office building that serves as the company’s headquarters, commercial real estate firms CBRE and JLL said.

Under the latest lease, Bloom Energy now occupies 182,700 square feet, which is the entire floor space of one of two office buildings in the 237@First office complex in northern San Jose Alviso.

Bloom Energy has launched a growth boom in San Jose and Fremont, according to Carl Guardino, Bloom Energy’s executive vice president of government affairs and policy.

The boom of San Jose-based Bloom runs counter to the bleak story some support that there is a massive exodus of companies seeking to leave California.

“When it comes to California decisions, some employers may be leaving, but Bloom Energy is growing,” Guardino said.

The 237 @ First Tech Campus, consisting of two buildings with a total area of ​​368,700 square feet, is located at 4353 N. First St. and 4453 North First St. Bloom Energy occupies the entire 4353 N. First office lot. CBRE Investment Management bought the office complex in 2020.

“We have expanded our San Jose headquarters and expanded our Fremont manufacturing facility to strengthen our technology leadership and support strong demand for our solutions,” Guardino said.

Bloom Energy manufactures and supplies clean energy generators. The company’s fuel cell power generators use natural gas or biogas as fuel.

CBRE brokers Jeff Houston, Rochelle Imani and Vincent Scott, and JLL broker Steve Lever arranged the lease.

“We are pleased that Bloom Energy has become a full tenant of the building at 237@First, where we have successfully implemented a robust lease and management program focused on tenant satisfaction and retention,” said Brian Ma, senior director at CBRE Investment. Control.

“Tenant amenities include a fitness center with a yoga studio and several large outdoor co-working spaces, a highly requested feature,” CBRE said.

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