Rev Projects saw a significant disparity in rental rates between the buildings in the Fremont submarket and the core Silicon Valley submarkets. Bayside Technology Park in particular is a quality, master-planned park with a strong R&D ecosystem. Rev Projects took advantage of an opportunity to invest in this overlooked area and acquired the vacant property from an owner-user who disposed it after years of neglect. The project was fully renovated and marketed for lease to the diverse tenant base including robotics, biotechnology, and industrial firms now relocating to or expanding in Fremont.