Trimble Corporate Campus

Trimble Corporate Campus is a 173,364 square foot, two-building office campus that is 100% net leased.  The anchor tenant, Trimble Inc., is an integrated technology and software provider that deisgn and implements logistics solutions for major freight and moving companies.  Trimble is a publicly traded, Fortune 1000 company with a Standard and Poor’s investment grade credit rating of BBB+.  Trimble occupies 86% of the property pursusant to a new 10+ year lease with 2% annual rent increases and approximately $10 million in renovations (funded by Trimble and the seller).  The property will seve as Trimble’s Mobility & Transportation headquarters.  Trimble has a right of first offer to expand into the remaining space, which is currently leased to four smaller tenants, as those spaces become available.