{"slug": "archer-aviation-agrees-to-lease-south-bay-tech-campus-as-company-expands", "title": "Archer Aviation agrees to lease South Bay tech campus as company expands", "summary": "Archer Aviation leased about 501,300 square feet at Cochrane Technology Center in Morgan Hill, California, for its expansion into air taxis and defense and AI software. The San Jose-based company took all five buildings in the hub, which Trammell Crow completed in October 2024. Archer reported $1.9 million in revenue and a $742.5 million loss for the year ending March 2025, but expects revenue growth starting this year.", "body_md": "**Getting your**\n\n[Trinity Audio](//trinityaudio.ai)player ready...MORGAN HILL — Archer Aviation has struck a deal to lease about a half-million square feet of tech and industrial space in Morgan Hill, marking a wide-ranging expansion for the maker of air taxis.\n\nThe tech company leased roughly 501,300 square feet during the first week of July in a business hub known as [Cochrane Technology Center](https://www.cochranetechnologycenter.com/), several sources with knowledge of the rental transaction told this news organization.\n\nThis deal fits a [pattern of expansion by Archer Aviation](https://www.mercurynews.com/2023/01/25/san-jose-archer-aviation-launch-expand-job-tech-fly-electric-aircraft/), which has widened its footprint in a big way in recent years, including [multiple leases of office space](https://www.mercurynews.com/2025/08/15/san-jose-economy-tech-jobs-build-office-property-electric-real-estate/) in north San Jose.\n\nThe Morgan Hill industrial hub that Archer leased is near the interchange of U.S. Highway 101 and Cochrane Road in Morgan Hill and is owned by an affiliate of Trammell Crow, Santa Clara County real estate files show.\n\nThe San Jose-based electric taxi maker took all five buildings in the tech hub, according to the sources.\n\nTrammell Crow completed construction of Cochrane Technology Park in October 2024 but hadn’t found a tenant until the Archer deal was concluded in early July.\n\nThe five buildings that Archer leased have addresses of 18105, 18145, 18185, 18225, and 18265 De Paul Dr.\n\nIt wasn’t immediately clear when Archer Aviation might move into the buildings it has leased.\n\nDuring the one-year period that ended in March, Archer Aviation produced $1.9 million in revenue but lost $742.5 million.\n\nArcher Aviation, however, hopes to generate significant increases in revenue starting as soon as this year.\n\n“We made tremendous progress towards beginning operations in the US later this year,” Archer Aviation’s chief executive officer Adam Goldstein stated in May regarding the company’s January-through-March first quarter.\n\nThe tech company also stated in May that it aims to push beyond the air taxi sector.\n\n“Archer is far more than an air taxi company,” Goldstein said. “Our defense and AI software efforts are advancing quickly, and they’re opening up an even bigger future for us. We’re investing and building accordingly.”", "url": "https://wpnews.pro/news/archer-aviation-agrees-to-lease-south-bay-tech-campus-as-company-expands", "canonical_source": "https://www.mercurynews.com/2026/07/13/tech-archer-aviation-morgan-hill-san-jose-build-property-jobs-economy/", "published_at": "2026-07-13 12:00:10+00:00", "updated_at": "2026-07-13 12:07:26.248044+00:00", "lang": "en", "topics": ["autonomous-vehicles"], "entities": ["Archer Aviation", "Trammell Crow", "Cochrane Technology Center", "Adam Goldstein"], "alternates": {"html": "https://wpnews.pro/news/archer-aviation-agrees-to-lease-south-bay-tech-campus-as-company-expands", "markdown": "https://wpnews.pro/news/archer-aviation-agrees-to-lease-south-bay-tech-campus-as-company-expands.md", "text": "https://wpnews.pro/news/archer-aviation-agrees-to-lease-south-bay-tech-campus-as-company-expands.txt", "jsonld": "https://wpnews.pro/news/archer-aviation-agrees-to-lease-south-bay-tech-campus-as-company-expands.jsonld"}}