Located on the west side of Hwy. I-880, immediately north of Marina Boulevard, the complex has two main buildings, 2010 and 2020 Williams Street. One of the buildings is a 186,000 sf manufacturing and warehouse building with 19-pneumatic-fed silos oriented for companies with process and assembly line needs. The other building is a 278,727 warehouse with 20,000 sf of office space. The acquisition also included a separate 3.6-acre industrial-zoned land parcel connected to the rest of the property by a pedestrian bridge.
The improvement program included new mechanical, electrical and plumbing systems, seismic and structural upgrades, improved loading facilities, enhanced landscaping, building facades and interiors. As part of the process, Broadreach razed 24,160 sf of existing structures to make room for a new main entrance and truck court.
Kellogg's owned and operated the San Leandro facility for the production of Frosted Flakes cereal and Pop Tarts. The plant was shuttered in 1995 and sold to a private investor two years later. Broadreach acquired the asset largely vacant.
At the time of Broadreach's acquisition, the City of San Leandro's Business Development Manager Luke Sims called the former Kellogg facility one of the city's most prominent and visible industrial properties. Its reuse "likely will act as a catalyst for other industrial redevelopment in and around San Leandro," he said.
One of the leasing brokers, Michael Karp of NAI BT Commercial, says "clean-tech" companies, as well as local food-processing and beverage concerns, and sustainable building products manufacturers can effectively re-use the systems once used to manufacture breakfast cereal. Tenants also may benefit from access to rail lines and proximity to both the Port of Oakland and Oakland International Airport, he says.
Current tenants include Meto Poly Co., a wholesaler of plastic and poly bag products and Zim Diversified, a warehouse storage provider. The two tenants collectively occupy 137,000 sf. The asking lease rate for the remaining space is $0.60 per sf per month for the 186,000-sf building, which is currently empty, an $0.50 for the larger building, which has 54,00 sf of availability.
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