Shea Properties Leases a ±32,172 SQF Industrial Warehouse Building in Hayward, CA

Hayward, Calif., June 25, 2018 – Shea Properties and Colliers International announced today the lease of a ±32,172 square foot industrial warehouse building located at 28357 Industrial Boulevard, in Hayward, CA by IronRidge, Incorporated.

The facility is owned and managed by Shea Properties. The industrial development project is known as Shea Center Hayward. The total square foot facility is ±274,742 that is comprised of four Class “A” state-of-the-art light industrial buildings ranging from 32,000 to 115,000 square feet and situated on three parcels.

The facility was leased by IronRidge, Incorporated (www.ironridge.com), a designer and manufacturing company for residential and commercial structural hardware solar systems. IronRidge has worked over 20 years with solar professionals across the globe to build products that are strong, simple and cost-effective.

IronRidge leased building 4 of Shea Center Hayward. The building is ±32,172 square feet and features 26’ interior clear height, high image glass office, two story office configuration with design to suit, 2 grade level openings, heavy power, ESFR and ample trailer/employee parking. There is immediate access to I-880 and Highway 92 /San Mateo Bridge. The facility is adjacent to Costco and in close proximity to Union Landing retail center.

Greig Lagomarsino, SIOR, Mark Maguire, SIOR and Nick Ousman of Colliers International’s Oakland office represented the Landlord while Paul Mueller of Newmark Cornish & Carey 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
Colliers International Group Inc. (NASDAQ and TSX: CIGI) is an industry-leading real estate services company with a global brand operating in 69 countries and a workforce of more than 12,000 skilled professionals serving clients in the world’s most important markets. Colliers is the fastest-growing publicly listed global real estate services 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. Services include strategic advice and execution for property sales, leasing and finance; global corporate solutions; property, facility and project management; workplace solutions; appraisal, valuation and tax consulting; customized research; and thought leadership consulting.

Colliers professionals think differently, share great ideas and offer thoughtful and innovative advice that help clients accelerate their success. Colliers has been ranked among the top 100 global outsourcing firms by the International Association of Outsourcing Professionals for 12 consecutive years, more than any other real estate services firm. Colliers has also been ranked the number one property manager in the world by Commercial Property Executive for two years in a row.

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