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December 31, 2015

Intersil Gives Back Space To Make Way for a New Tenant in Milpitas

CoStar Group

Mark Heschmeyer

Intersil Corp. amended its office lease with affiliates of CBRE Global Investors for the company's headquarters in Milpitas, California.

Under terms of the amendment, the maker of semiconductors will surrender 19,530 square feet that it no longer utilizes at 915 Murphy Ranch Road. The term of the lease for the remaining 126,219 square feet at 933 and 1001 Murphy will be extended for an additional 39 months, ending on May 31, 2023.

According to Intersil, the landlord had another tenant lined up for the space it was not using, which prompted the amendment.

Kidder Mathews and Cresa collectively represented Intersil. CBRE Inc. represented the landlord.

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