Overton Moore Properties, Solyndra Sign Lease For Solar Fab

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Overton Moore Properties has announced that it has signed a 12-year warehouse/manufacturing lease with Solyndra Inc., a designer and manufacturer of photovoltaic systems, for the approximately 500,000 square-foot Page Technology Park in Fremont, Calif.

The site will be a back-end facility for Solyndra that will support the recently announced construction of its second solar panel manufacturing plant. Solyndra is the first company to receive a loan guaranteed by the U.S. Department of Energy under Title XVII of the Energy Policy Act of 2005, according to the company.

The property, built in 1982, consists of manufacturing, warehouse, labs and office/work area.

SOURCES: Overton Moore Properties, Solyndra

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