Transwestern announced it has secured two new tenants for 1577-1599 Factor Ave. in San Leandro, bringing the property to 100 percent occupancy. The 62,033-square-foot, two-story industrial building sits in the San Leandro market, a desirable area for advanced manufacturers, or “maker-tech” tenants. Senior Managing Director Edward Del Beccaro and Associate Michael Lind represented the landlord. The two tenants, Atlantic Specialty Coffee and OnePoint Patient Care took just over 7,200 square feet combined remaining in the property. Atlantic signed a seven-year lease to occupy 5,042 square feet, while OnePoint will be moving to a 2,216 square foot space for 5 years.
“‘Maker-tech’ is a term we use to describe a growing segment of advanced manufacturing tenants,” said Del Beccaro. “When innovative technologies meet manufacturing, the result is a higher level of building requirements in traditional industrial and flex buildings.”
Landlord Raymond and Liz Gallagher purchased the building in 2002 and recently completed upgrades to meet these user requirements. Property enhancements included a new fire alarm system, elevators, regraded parking lot, landscaping, and lobby.
“With the help of Transwestern, we considered the demands of this industrial niche, and have created an environment that will allow our tenants to excel in their businesses,” said Raymond Gallagher.
Atlantic Specialty Coffee (represented by CBRE) and OnePoint Patient Care (represented by Colliers) will occupy the building next month. Atlantic, the manufacturer of decaffeinated green coffee, also will use the facility to test coffee from over 10 different countries.
In addition, Sun Chemical and Reliable Powder renewed space at the location.
Transwestern is a privately held real estate firm of collaborative entrepreneurs who deliver a higher level of personalized service – the Transwestern Experience. Specializing in Agency Leasing, Management, Tenant Advisory, Capital Markets, Research and Sustainability services, our fully integrated global enterprise adds value for investors, owners and occupiers of all commercial property types. We leverage market insights and operational expertise from members of the Transwestern family of companies specializing in development, real estate investment management and research. Based in Houston, Transwestern has 34 U.S. offices and assists clients through more than 180 offices in 37 countries as part of a strategic alliance with BNP Paribas Real Estate. Experience Extraordinary at transwestern.com and @Transwestern. For updates from the West region, follow @TranswesternWST.