2700 Systron Dr
Concord, CA 94518
Emcore · Industrial Property For Sale

CBRE, Inc., as an exclusive advisor to ownership, is pleased to offer for sale the fee-simple interest in the EMCORE CORORATION R&D and Advanced Manufacturing facility, located at 2700 Systron Drive, Concord, CA (the “Property”). The Property serves as a vertically integrated manufacturing facility for Systron Donner Inertial, Inc. (“Tenant” or “Systron”) and under a long-term, absolute NNN lease guaranteed by EMCORE Corporation (“EMCORE” or the “Company”), a leading technology provider in Navigation and Inertial Sensing for Aerospace & Defense with applications for land, sea, air, and space.
The Property consists of two centrally connected buildings totaling 103,026 square feet. These well-maintained, mission-critical R&D and advanced manufacturing facilities are located in Concord, CA, strategically situated to attract the Bay Area talent necessary to design, develop, and deliver the Company’s portfolio of navigation products. In addition to +10 years of remaining lease term and 3.00% annual escalations, the lease includes two (2), five-year renewal options with fair market value reset. The Tenant’s best-in class capabilities enable them to produce a variety of high-quality products for a diverse customer base.