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Next Hangar Rehab on Tap at Hamilton Landing

NOVATO, CA-Nine years and a recession after acquiring its piece of the old Hamilton Air Force Base, developer Barker Pacific has renovated and leased five of the seven historic hangars on the site.

By Brian K. Miller | Updated on February 18, 2007

NOVATO, CA-Demand has returned for Hamilton Landing, a piece of the former Hamilton Air Force Base that includes seven historic hangars and room for a new building at the entrance. Developer Barker Pacific acquired the site in 1998; nine years and a recession later, five of the seven hangars have been renovated and leased, thanks in large part to a busy 2006.

Company principal Michael Barker tells GlobeSt.com that he expects the increased leasing activity to continue and expects to secure enough pre-lease commitments to begin renovating another of the hangars this year. “There is a dearth of space in Marin County and a lot of folks that want to be there because of its deep pool of creative and highly educated people,” he says.

Twelve tenants took down space at Hamilton Landing in 2006. Most recently, Take-Two Interactive Software leased all of Hanger 10, a 65,000-sf building whose renovation was completed in December, and Birkenstock Distribution USA agreed to lease 15,000 sf in Hangar 5 for its headquarters.

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