Loma Verde Properties recently signed a family-owned coffee bean importer to a 123-month lease of distribution space in San Leandro, Calif.

The value of the transaction was approximately $7.5 million.

The Annex will be leasing 130,738 square feet of cross dock space at 1951 Fairway Drive. The company is relocating some of its headquarters from the Oakland Army Base.

The 290,000-square-foot office complex is now 100 percent leased.

Colliers International, one of the largest commercial real estate firms in the world, brokered the transaction.

***

What’s your opinion? Send your Letter to the Editor to opinion@inman.com.

Show Comments Hide Comments

Comments

Sign up for Inman’s Morning Headlines
What you need to know to start your day with all the latest industry developments
Success!
Thank you for subscribing to Morning Headlines.
Back to top