122,000 SQFT Manufacturing Facility Planned for 10-Acre Development Site in San Jose

By Catherine Sweeney 

Across the Bay Area, there has been no shortage of industrial design proposals. One recently proposed project would develop more than 10 acres of land with a 121,850 square-foot industrial building.   

The project site, located at 865 Embedded Way, was purchased by Boston-based Investment company Rockpoint for $15.7 million, according to reporting from The Mercury News. Although Rockpoint acquired the project in April, an application for the project was submitted to the City by Oppidan, a development partner of Rockpoint. 

While the project remains in the early phases of development, Oppidan has shared on its website that it intends to build the $44.5 million project over the course of 10 months. The building would be built to suit a number of uses, with both warehouse and manufacturing capabilities. The project would also include 12 loading docks and 300 parking spots. 

The industrial facility would be located south of downtown San Jose, just off of Interstate 110. The area is home to a number of corporate and industrial office buildings, with occupants including GEODIS, Clobham, Alien Technology Corporation and many others. 

While the project is still early on in the development process, Oppidan has completed a number of projects throughout the Bay Area. Also in San Jose, the company has completed a 37,770 square-foot Sprouts grocery store at 720 West San Carlos Street. The company has also completed a corporate office building for Orchard Supply Hardware at 6450 Via Del Oro in San Jose. A nearby storefront for the company, located at 5651 Cottle Road, was also developed by Oppidan. 

While this will be the company’s first industrial project in the immediate area, Oppidan has developed 4.3 million square feet of logistics and warehouse space throughout the nation as well as Canada.

In total, the Twin Cities-based development firm has delivered more than 450 projects valued at more than $3 billion since its founding in 1991. The company’s portfolio spans approximately 15.8 million square feet throughout 35 states and parts of Canada.  The company has developed projects across all sectors, including office, retail industrial medical and multifamily developments. 

West Coast Commercial Real Estate News