California CRE News In Your Inbox.
Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.
Enchant Leases Oakley Industrial Property
CBRE has secured a 103,000-square-foot lease for Enchant at the Contra Costa Logistics Center in Oakley, CA. The company will occupy building 3 at the industrial park, which is still under construction and expected to be completed later this year.
Enchant produces the world’s largest holiday-themed illuminated event at sports stadiums and large outdoor spaces. The 10-acre experience includes over 4 million lights, an ice-skating trail, a holiday marketplace and special visits with Santa Claus.
CBRE’s Greg Smyth, John Salamida and Jon Casella represented Enchant in the lease, while Cushman & Wakefield represented the landlord. “The Bay Area industrial market has one of the lowest vacancies in the country, so large new deliveries like the Contra Costa Logistics Center are extremely rare. Oakley has emerged as a vibrant industrial market for Class-A space,” said Smyth.
Building 3 will include 36’ clear heights, 42 docks doors, trailer parking and drive-in doors.
- ◦Lease
