Shea Properties Announces Lease of ±41,905 SQF Advanced Manufacturing Facility in Hayward, CA

Shea Properties, Colliers International, Hayward, Quartzy,, Shea Center Hayward, SIOR, Cushman & Wakefield, Mission Viejo Company

Hayward, Calif., July 12, 2018 – Shea Properties and Colliers International announced today the lease of a ±41,905 square foot industrial building located at 28321 Industrial Boulevard, in Hayward, CA to Quartzy, Inc.

The new development project known as Shea Center Hayward, is comprised of four Class “A” state-of-the-art industrial buildings ranging from 28,000 to 113,000 square feet.

The facility was leased by Quartzy, Inc. (www.quartzy.com), the world’s number one lab management platform, which helps scientists easily organize orders, manage inventory, and reduce costs. As an example, the New York Stem Cell Foundation use Quartzy as it hunts for cures for diabetes and ALS. In total, more than 10,000 other startups, non-profits, multi-nationals and leading academic labs now use Quartzy—as their lab equipment supplier.

Quartzy leased Building 1 of Shea Center Hayward. The building is ±41,905 square feet and features 28’ interior clear height, high image two story office configuration, dock and grade level loading, heavy power, ESFR sprinkler system, and ample trailer/employee parking. There is immediate access to I-880 and Highway 92 /San Mateo Bridge, and the project is in close proximity to the Union Landing retail center.

Greig Lagomarsino, SIOR, Mark Maguire, SIOR and Nick Ousman of Colliers International’s Oakland office represented the Landlord while Jeff Cushman and Chris D’Ambrosia of Cushman & Wakefield represented the Tenant in this transaction.

About Shea Properties
Shea Properties, headquartered in Aliso Viejo, California, is a diversified real estate company responsible for the acquisition, design, development, construction, leasing, and management of business parks, shopping centers, apartment communities and mixed-use environments. Shea Properties currently owns and operates more than 8,100 apartment units and 4.9 million square feet of office, industrial and retail space in California, Colorado and Washington, with a strong pipeline of future projects.

Shea Properties has expanded over the years through a number of significant land and portfolio acquisitions. In 1997, it purchased the California-based Mission Viejo Company which included 900 acres of land in Aliso Viejo, California and more than 22,000 acres of land in Highlands Ranch, Colorado. In 2006, the company established deeper roots in Colorado with the purchase of the highly regarded Denver Technological Center and Meridian International Business Center just outside of Denver.

Shea Properties is known for its unique approach to transforming land into premier living, working and shopping environments. By identifying the highest potential value and optimal use for any given property and applying a highly-focused development strategy, the company is able to use its diverse experience to create successful retail, business and residential developments. We manage all aspects of development from start to finish. Services include market analysis, site acquisition, entitlement, design, planning, financing, construction management, property management and asset management.

About Colliers International Group Inc.
Colliers International Group Inc. (NASDAQ: CIGI) (TSX: CIGI) is a top tier global real estate services and investment management company operating in 69 countries with a workforce of more than 12,000 professionals. Colliers is the fastest-growing publicly listed global real estate services and investment management company, with 2017 corporate revenues of $2.3 billion ($2.7 billion including affiliates). With an enterprising culture and significant employee ownership and control, Colliers professionals provide a full range of services to real estate occupiers, owners and investors worldwide, and through its investment management services platform, has more than $20 billion of assets under management from the world’s most respected institutional real estate investors.

Colliers professionals think differently, share great ideas and offer thoughtful and innovative advice to accelerate the success of its clients. Colliers has been ranked among the top 100 global outsourcing firms by the International Association of Outsourcing Professionals for 13 consecutive years, more than any other real estate services firm. Colliers is ranked the number one property manager in the world by Commercial Property Executive for two years in a row.

Colliers is led by an experienced leadership team with a proven record of delivering more than 20% annualized returns for shareholders, over more than 20 years.

For the latest news from Colliers, visit Colliers.com or follow us on Twitter: @Colliers and LinkedIn.

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