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Distributor Inks 100,600-SF Lease

FREMONT, CA-Bunzel takes part of a larger warehouse within Pacific Industrial Center, a two-building park owned by ProLogis.

By Brian K. Miller | Updated on June 18, 2006

(To read more on the industrial market, click here.)

FREMONT, CA-Bunzl Distribution has leased 100,600 sf within Pacific Industrial Center, a two-building park here that is owned by Denver-based ProLogis Trust. The 64-month lease is for a portion of one building. The lease is valued at $3.2 million, or just under $0.50 per sf.

Bunzl Distribution is a St. Louis-based supplier of disposable paper and plastic packaging supplies. Customers include food processors, restaurants, supermarket retailers, self-distributing chains and wholesalers. The company is expected to relocate from its current 60,000-sf warehouse in Union City to Pacific Industrial Center in September. Greig Lagomarsino of Colliers International brokered the deal.

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