High-rise commercial buildings

Sub Markets

Property Sectors

Topics

California CRE News In Your Inbox.

Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.

New call-to-action
California  + Bay Area  + Industrial  | 

Overton Moore Closes on Livermore Site for Two-Building Industrial

 Overton Moore Properties (OMP) has closed on 41 acres in Livermore for an industrial project. The property was acquired from Pleasanton Gravel Company for an undisclosed sum. 

OMP Oaks Business Park is a 760,250-square foot, two-building advanced manufacturing/distribution project that is 60% pre-leased to Lam Research and will commence construction this month. OMP’s joint venture partner for this project is Invesco Real Estate.

Colliers’ Michael Lloyd, John Steinbuch and Greig Lagomarsino handled the sale and will be the leasing brokers for the project. “After working on the entitlements and approvals in excess of five years, we’re very excited to finally acquire the site, keep a great company within the City of Livermore and expand our presence in Northern California,” said Timur Tecimer, Managing Partner of OMP.

Chris Shaffer of Newmark represented Lam Research on the lease. The remaining building, representing 288,750 square feet, will be available in the third quarter of 2025.

Connect

Inside The Story

Overton Moore Properties

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).

  • ◦Sale/Acquisition
  • ◦Development
New call-to-action
New call-to-action
New call-to-action