San Francisco Investor Signs Two Leases at Corporate Place Business Park

Hayward, Calif. – July 27, 2012 – Jaeger McHugh & Company, LLC just inked two new leases at their Corporate Place Business Park in Hayward. ATDynamics, Inc., a company that specializes in making tractor-trailers more fuel efficient, leased ±16,400 square feet at 3150 Corporate Place and Jasper Ridge Creamery, Inc. leased ±19,995 square feet at 3180 Corporate Place. Jasper Ridge Creamery is a relatively new company that manufactures non-dairy cheese products.

Jaeger McHugh & Company has over 1 million square feet in their Northern California portfolio and remains active in the market looking for well-located industrial facilities in the San Francisco Bay Area. They acquired the ±86,745 square foot business park last year. Corporate Place Business Park is comprised of two office warehouse/manufacturing buildings in close proximity to Interstate 880 and Highway 92 with immediate access to the San Mateo Bridge. When Jaeger McHugh acquired Corporate Place in 2011, the park was 25% leased. With aggressive leasing strategy implemented by Colliers International, the park is now 65% occupied with strong activity pending on the remaining ±30,000 square foot vacancy.

Greig Lagomarsino, SIOR, Joe Yamin and Rick Keely of Colliers International’s Oakland office represented the Landlord in both transactions. Tom Damaschino and Chris van Keulen of Cassidy Turley represented ATDynamics, Inc, and Adan Martinez, also of Cassidy Turley represented Jasper Ridge Creamery, Inc.

About Colliers International

Colliers International is a global leader in real estate services with more than 15,000 professionals operating out of 480 offices in 61 countries. Colliers provides a full range of services to real estate users, owners and investors worldwide including: global corporate solutions; sales and lease brokerage; property and asset management; project management; hotel investment sales and consulting; property valuation and appraisal services; mortgage banking and insightful research. Colliers Parrish International, Inc., dba Colliers International, is headquartered in San Jose and has 11 offices in California and Nevada. For additional information visit www.colliers.com

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