UNION CITY, CA-Epicurean International/Thai Kitchens will consolidate its Oakland headquarters and Stockton distribution facility into a 158,000-sf former U.S. Foodservice building in Union City.

The acquisition includes not only the building at 30315 Union City Boulevard but also four acres of excess land that will be used for parking until it is needed for a future expansion. The sale price of the entire 11.72-acre property is not being disclosed by the parties involved, but it is believed to have sold for less than the asking price, which had been lowered from $9.5 million to $8.2 million.

The building includes a 23,000-sf freezer and 20,000 sf of office space. Michael Walker, one of three CB Richard Ellis brokers who represented U.S. Foodservice, tells GlobeSt.com that the national distributor of food products headquartered in Columbia, MD, closed the Union City facility two years ago in order to consolidate operations in the Valley. It has an operating distribution center in Livermore, one of 100 nationwide.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.