Milpitas, Calif., (August 6, 2019) – Colliers International announces the recent lease of a ± 82,179 square foot industrial building to One Workplace.
The property is managed by WP Investments and was leased to One Workplace, a commercial office furniture dealership in Northern California. It is headquartered in Santa Clara, California and has regional offices in Oakland, California and San Francisco. One Workplace sells office cubicles, chairs, desks, tables, movable walls, office accessories, storage cabinets, whiteboards, and audiovisual systems.
1025 Montague Expressway, Bldg. 3 is located at the junction of I-680 and Montague Expressway and is situated on ±56.18 acres. This business park offers immediate access to I-680 and close proximity to I-880 and Highway 237. This high-profile location is only minutes from the Great Mall and many other nearby merchants offering shopping, banks, restaurants, and entertainment. The property features 22’ clear height, 23 dock-high doors, 1-grade level door, 400 parking spaces, and 40’w x 40’d column spacing.
Greig Lagomarsino, SIOR, of Colliers International and Rob Shannon, SIOR, CCIM, of CBRE represented the Landlord, while Craig Kovaleski of CBRE represented the Tenant in this transaction.About Colliers International Group
Colliers International (NASDAQ, TSX: CIGI) is a leading global real estate services and investment management company. With operations in 68 countries, our 14,000 enterprising people work collaboratively to provide expert advice and services to maximize the value of property for real estate occupiers, owners and investors. For more than 20 years, our experienced leadership team, owning more than 40% of our equity, have delivered industry-leading investment returns for shareholders. In 2018, corporate revenues were $2.8 billion ($3.3 billion including affiliates), with more than $26 billion of assets under management. Learn more about how we accelerate success at corporate.colliers.com