Jabil Wolfe Leases 110,000 SQFT in San Jose

Leader in capital equipment machining and fabrication signs lease for 100,000 square feet to keep pace with regional industry growth

San Jose, Calif. – March 28, 2016 – San Jose Mayor Sam Liccardo and Jabil Wolfe, a division of Jabil Circuit, Inc. (NYSE: JBL) that provides high-quality, comprehensive and integrated design, manufacturing and assembly solutions, today announced that Jabil Wolfe will significantly expand its manufacturing space to better serve the growing demand from capital equipment customers in Silicon Valley and beyond.

Jabil Wolfe has signed a lease for 110,542 square feet at 5981 Optical Court, which is twice the size of its current of 55,000 square foot facility. The additional space will enable Jabil Wolfe to scale its multiple-class clean rooms for high-purity assembly and its manufacturing area used for machining, sheet metal fabrication, welding, pipe bending, orbital welding, frame assembly and system integration.

“We have been a fixture in San Jose’s capital equipment manufacturing community for more than two decades,” said Craig Trotter, general manager of Jabil Wolfe. “Combining this facility expansion with our other recent acquisitions in the capital equipment sector, Jabil is committed to meeting the growing and diversifying needs of Silicon Valley engineering teams and customers.”

“I thank Jabil Wolfe for expanding in San Jose and for their ongoing investments in our community,” said Mayor Sam Liccardo. “I am extremely proud that a company with a long-time San Jose presence is helping to reinvigorate American manufacturing and create more middle- income jobs for our residents. Expanding manufacturing is a key priority of our economic development strategy and I look forward to supporting Jabil Wolfe’s continued growth in the years ahead.”

Mayor Liccardo launched his manufacturing initiative, “Built in San José,” in order to preserve and grow San Jose’s established manufacturing base and to expand access to middle income jobs for our residents. Through this initiative, the City of San José is committed to: expediting the permitting process, reducing fees for retrofitting manufacturing buildings, collaborating with workforce training organizations to create a pipeline of eligible workers, and partnering with local energy companies reduce energy costs respectively.

Jeff Arrillaga, Phil Mahoney and Mike Saign of Newmark Cornish & Carey represented the landlord, M West Property Company. CBRE’s Christian Marant, Tom Taylor and Matt Taylor represented the tenant.

West Coast Commercial Real Estate News