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California  + Bay Area  + Industrial  | 

East Bay Distribution Center Trades for $94M

Conor Commercial Real Estate, and its joint-venture partner, American Realty Advisors, divested Hayward 92 Industrial Center in Hayward, CA. The 236,976-square-foot distribution facility was reportedly acquired by New York-based Deutsche Asset Management for $93.6 million, an East Bay record-breaking $395-per-square-foot.

The LEED-Certified fully-automated industrial facility is reportedly 100% leased to FedEx. The 31.5-acre infill development at 3596 Baumberg Ave., in the southern I-880 corridor, was completed in late 2017 and includes modern building features and fully improved land dedicated to truck, trailer and employee parking.

The building features 32-foot clear height, 61 dock-high doors, 5,340 square feet of office and a 1,500 square foot security building to regulate site access. The building interior is fully-automated, and features a sophisticated conveyer system to enhance productivity and facilitate efficient operations.

Cushman & Wakefield’s Jeff Starkovich and Jay Hagglund represented the landlord in the project leasing, and Cushman & Wakefield’s Jeff Chiate and George Eckard handled the project sale.

For comments, questions or concerns, please contact Dennis Kaiser

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About Dennis Kaiser

Dennis Kaiser is Vice President of Public Relations and Communications for Connect Creative. Dennis is a communications leader with more than 40 years of experience including as a journalist and in corporate and agency marketing communications roles. He is responsible for Connect Creative’s agency client services and is involved in a range of initiatives ranging from public relations and content strategy, communications and message development, copywriting, media relations, social media and content marketing services. Prior to joining Connect Media in 2015, his most recent corporate communications roles involved leading a regional public relations effort across Southern California for CBRE, playing a key marketing role on JLL’s national retail team, and directing the global public relations effort at ValleyCrest (BrightView), the nation’s largest commercial landscape services company. He has worked on marketing communications assignments for such CRE companies as Blackstone/Equity Office, Carlyle, Caruso, Disney Resorts, GE Capital, Irvine Company, Hines, Howard Hughes Corp., Jeffries, Lennar, MGM, Marcus & Millichap, Prologis, Raleigh Studios, Simon, Starwood, Trammell Crow Company, Transamerica, UBS and Wynn Resorts. Dennis has also worked on communications and launch strategies for a number of consumer electronic, media and tech brands including SlingMedia, Channel Master, Deluxe Media Entertainment, BeIn Sports, EchoStar and Sprint. Dennis’s agency background included firms such as Off Madison Ave., Idea Hall and Macy + Associates. He has earned an outstanding reputation with organization leaders as a trusted advisor, strategic program implementer, consensus builder and exceptional collaborator. Dennis has developed and managed national communications programs for Fortune 500 companies to start-ups, both public and private. He’s successfully worked with journalists across the globe representing clients involved in major-breaking news stories, product launches, media tours, and company news announcements. Dennis has been involved in a host of charitable and community organizations including the American Cancer Society, Easter Seals, Boy Scouts, Chrysalis Foundation, Freedom For Life, HOLA, L.A.’s BEST, Reach Out and Read, Super Bowl Host Committee, and the Thunderbirds Charities.

  • ◦Sale/Acquisition
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