Oakland, Calif. (August 6, 2019) – Colliers International announces the recent lease of a ± 19,800 square foot industrial building to Terra Logistics LLC.
The property is managed by HDI & JM Properties LLC and was leased to Terra Logistics LLC, a logistics and freight management company.
Situated on ±1.00 acre, 460 Roland Way is located in close proximity to I-880 and minutes away from Oracle Arena and 6 miles from the Port of Oakland complex. This property features include 18’ clear height, a large gated yard, ±4,200 square feet of office space on two floors, 3 grade level doors, 1,200 amps; 120/208 volts and a large gate yard.
Terra Logistics LLC, is a U.S. licensed NVOCC and Airfreight forwarder, providing since 2005 a host of logistics and freight management solutions to the business community worldwide. Headquartered between the major ports of New York, New Jersey and Philadelphia they are partnered with hundreds of major carriers, network office and warehouse hubs in over 170 countries and 700 cities across the globe.
Greig Lagomarsino, SIOR and Nick Ousman of Colliers International represented the Tenant, while Jay Hagglund, SIOR, of Cushman & Wakefield represented the Landlord in this transaction.
About Colliers International GroupColliers 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.
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