Intel Scraps Plans To Sell Folsom Campus, Will Remain Property Owner – Folsom Times

Intel reverses course, will keep ownership of 162-acre Folsom campus

In a reversal, Intel Corp. has decided to retain ownership of its 161.8-acre Folsom campus and its 1.68 million square feet of office space.

Intel Scraps Folsom Campus Sale-Leaseback, Keeps 161.8-Acre Site as AI Demand Fuels Turnaround

Two years after putting its seven-building Folsom research and lab campus up for a sale-leaseback amid mass layoffs and a company-wide cost-cutting push, Intel is keeping the property outright. Less than two years after putting its Folsom campus up for a sale-leaseback to raise cash during its deepest downturn in decades, Intel has reversed course […]

Intel Scraps Plans To Sell Folsom Campus, Will Remain Property Owner – Folsom Times

Nearly two years after putting one of Folsom’s largest and most prominent corporate properties on the market, Intel has decided it isn’t selling after all.

Intel reverses course, will keep ownership of 161-acre Folsom campus

The Santa Clara-based company announced plans to sell the campus in November 2024 as it navigated slumping chip sales.