River Development, the developer of The Light project, leased to ON Semiconductor an area of â€‹â€‹3,200 square meters in the first building - The Light One. The rented space was handed over in July 2020, for a period of 5 years.
â€śThe Light One is the first of the class A office buildings of The Light project, a project located in the west of the capital, in an area with excellent access facilities. The rented space occupies the 3rd (partially) and 4th (fully) floors of our building and was customized with the support of the building designer, which made the personalized integration of the ON Semiconductor tenant easy. We are happy to have a high-tech company among the tenants of the building, to enjoy the existing facilities, but also the architectural personality of the building, which will change the face of the entire real estate development in the central-western area of â€‹â€‹the capital " said Tina Virlan, Leasing Manager of River Development.
The Light One is the first of the class A office buildings of the three planned in The Light - the integrated project with multiple destinations, office & residential and other related facilities. The building has a leasable area of â€‹â€‹22,000 sqm (GLA) and a height of 11 floors (2S + GF + 11 floors).
â€śFrom the first views of the building, together with the agency's representatives, we immediately identified the benefits that a possible move to The Light One could bring us: accessibility for our employees, flexibility of spaces, panoramic view of the area, openness and support the developer throughout the rental process, hygiene conditions constantly adapted to current requirements. We are excited to have a space that promotes collaboration and innovation and that attracts future talent from the area, which will help develop new technologies. " - said Brian Pickard, General Manager of the Integrated Circuits Division of ON Semiconductor.
The rental of the space to ON Semiconductor was facilitated by Colliers International.
The Light One building - fully functional since the end of last year, offers the most energy efficient solutions and is certified with the BREEAM Excellent rating.
Currently, 90% of the building is rented. In addition to ON Semiconductor, tenants are already installed in the building such as: Regina Maria Medical Clinic, with the largest private pediatric polyclinic in Bucharest, a new Kinetic center, Sweat Concept One wellness center, Comdata's multilingual Customer Management center, CTP company - the market leader in industrial and logistics spaces in Romania and in Central and Eastern Europe.