JLL Markets Vallejo’s Historic Mare Island Maritime Campus

JLL has been retained to provide strategic advisory and brokerage services for Mare Island Maritime Campus, a 350-acre maritime industrial property with two million square feet of existing buildings and four operational dry docks. Located in Vallejo and established in 1854 as the first permanent West Coast Naval base, the former Mare Island Naval Shipyard represents a generational opportunity as federal mandates and bipartisan legislation drive the largest maritime industrial mobilization since World War II, accoding to JLL

JLL is advising The Nimitz Group, owner of the maritime industrial land and assets, on repositioning the property’s irreplaceable maritime infrastructure to accommodate surging demand for domestic ship and submarine manufacturing. The owner is pursuing flexible transaction structures, including leasing individual assets or entering into strategic partnerships with investors or tenants.

Greg Matter, who co-leads JLL’s Advanced Manufacturing Group; Matt Bracco, who co-leads JLL’s North Bay Industrial team; Kristi Childers with JLL’s Agency Leasing group; and Karlen Beitman with JLL’s Public Institutions’ Strategic Advisory team are leading the marketing and advisory efforts. Additionally, Peter Miscovich with JLL’s Consulting practice; Matt Do with JLL’s Government & Education Advisory practice; and Tom Taylor, who leads JLL’s Aerospace and Defense Work Dynamics practice, represent the key JLL advisory groups involved.

“This is existing infrastructure that simply cannot be replicated: four operational dry docks, deepwater access and workforce-ready facilities that were built once and are ready now for the maritime resurgence happening across the country,” said Matter.

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JLL's Matter

About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

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