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California  + Bay Area  + Industrial  | 

Outrigger Industrial Partners with MetLife on Oakland Redevelopment

Outrigger Industrial, in partnership with Metlife Investment Management, plans to redevelop an industrial property at 727 Kennedy St. in Oakland. The investment will upgrade the functionality of the vacant building, aligning it with modern standards and current market needs, according to Outrigger. Construction at Kennedy Logistics Center is slated to begin in the third quarter of 2025, with a
completion target of Q2 2026.

“Outrigger Industrial is committed to investing in Northern California’s East Bay area, especially in projects like this where repositioning an asset has both a financial upside as well as broader community benefits,” said William Lu, co-founder & managing partner, Outrigger Industrial.

The initial phase of construction at Kennedy Logistics Center involves a reduction of the existing building footprint by 57,000 square feet to allow for loading dock reconfiguration. The upgraded building, which will comprise 177,000 square feet, will feature numerous structural reinforcements and visual enhancements.

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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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