Intel Plans To Sell, Lease Back Its Sprawling Folsom Campus

Mark Anderson, Biz Journals
Fri, 11/22/2024 - 6:30pm

The move could free up money the company has tied up in real estate as it navigates a difficult time for chip sales.

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Intel to sell Folsom campus and lease back only space it needs, company says
Intel’s CEO said it would deliver $10 billion in cost savings by 2025. Plans to sell the Folsom site come after 272 employees were notified of layoffs last month.
11/25/2024 - 8:05 am | View Link
Intel plans to sell Folsom campus a week after laying off hundreds more employees
A week after laying off several hundred more employees in the Sacramento region, global technologies company Intel announced they would sell their Folsom campus. Intel says the sale is part of a ...
11/25/2024 - 5:04 am | View Link
Intel plans sale and leaseback of its 150-acre Folsom, California campus — releasing capital but maintaining operations and staff
The company is set to sell its 150-acre Folsom, California campus, but keep the site operational. Intel plans to keep its Folsom site near Sacramento operational as the facility c ...
11/24/2024 - 11:27 pm | View Link
Intel to sell research and development campus in Folsom
Silicon Valley-based technology company Intel plans to sell its Sacramento-area campus in a cost-cutting effort, the company confirmed to KCRA 3. A company spokesperson said Intel plans to list its ...
11/24/2024 - 5:22 pm | View Link
Intel announces plans to sell, lease its Folsom site
Chipmaker Intel Corp. announced plans to sell and lease back its Folsom site nearly a month after the technology giant said it would be laying off nearly 300 employees at the site in November.
11/24/2024 - 12:14 pm | View Link
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Intel Plans To Sell, Lease Back Its Sprawling Folsom Campus

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