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CBRE Pre-Leases Prologis Warehouse in San Leandro
CBRE arranged the pre-lease of a new Prologis warehouse development at 1919 Williams St. in San Leandro to Torani, a flavor manufacturer. Torani will relocate its warehouse and distribution operations from its headquarters at 2000 Marina Blvd. in San Leandro to the new facility, which is expected to deliver in late 2024.
CBRE’s Bob Ferraro and David Black represented Torani. John McManus of Cushman & Wakefield represented Prologis.
“It has been a pleasure working with Torani for the past 15 years, relocating them from San Francisco to South San Francisco to their current headquarters in San Leandro,” said Ferraro. “This facility’s proximity to key transportation hubs is well-positioned to support business growth, especially as new product of this size is rare in the Oakland industrial market. The East Bay’s industrial market has been notoriously tight for its aging supply and power constraints, but we continue to see more tenants looking to make the flight-to-quality.”
- ◦Lease
