Spansion is a leader in Flash memory-based embedded solutions. Their products drive the development of faster and more energy efficient electronics. Currently they have 450 employees with a home-base in Sunnyvale. Their former 24.5-acre campus is being razed and turned into 250 homes.
Their new global headquarters will be in North San Jose at 1001 Ridder Park (124,000 SQFT) and 1717 Fox Drive (30,000 SQFT). This is yet another big lease to help us get the office market back to capacity in the North San Jose submarket.