"While today's leasing market is soft, Livermore continues to be an attractive relocation and expansion opportunity for manufacturers and industrial companies, especially those who want to own their own buildings," says Mark Triska, a senior vice president at Colliers International. Triska represented Gateway Business Park West developer, Ellis Partners, in the transaction, while Ned Wood, also of Colliers, represented American Precision.
Livermore Gateway Business Park West is an eight-building, 466,655-sf complex at the intersection of Vasco Road and Las Positas Road. American Precision purchased Buildings A and B, which total 54,000-sf. The company is moving its headquarters from the Peninsula to Livermore.
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