Business & Tech

Cisco Leaving Milpitas: Report

The company is breaking its lease for buildings near McCarthy Ranch.

MILPITAS, CA — Cisco will vacate more than 471,000 square feet of office space in Milpitas by the end of this year, according to a report in the Silicon Valley Business Journal.

The property, Campus Center, is located at 115-155 N. McCarthy Blvd. Cisco paid $10.4 million to break its lease.

The landlord of the office space, Hudson Pacific Properties, will do a major overhaul of the property in an effort to attract a new tenant.

Find out what's happening in Milpitasfor free with the latest updates from Patch.

Cisco plans to consolidate operations at its San Jose headquarters, according to a statement from the company.

Read the complete report in the Silicon Valley Business Journal.

Find out what's happening in Milpitasfor free with the latest updates from Patch.

-Image via Milpitas Patch Archive

Get more local news delivered straight to your inbox. Sign up for free Patch newsletters and alerts.