MARTINEZ, CA-Siemens Corp. has signed on to lease more than 25,000 square feet at MuirTec Center IV. The new lease for the multinational company facilitated the relocation of its Bay Area healthcare and industry divisions, previously based in Concord.
The move to the research and development office complex at 757 Arnold Dr. will bring 100 jobs to the city of Martinez. Terms of the lease were not disclosed.
Bob Maderious, senior vice president at Transwestern's Walnut Creek office, which brokered the transaction on behalf of the owner, says that the deal and the logistics for the relocation “came together in an exceptionally short time frame and with remarkable coordination between the building's owner, space renovators, Siemens and especially the City of Martinez.”
He explains that “Siemens required extensive custom renovations but needed occupancy quickly. We were able to successfully achieve a quick build-out with the help of the city, which expedited the plan check and inspections.”
MuirTec Center IV is owned by Hofmann Holding. For the Siemens transaction, Transwestern's Maderious and VP Tom Caple represented Hofmann. Kirk Beebe and Greg Smyth of CBRE represented Siemens.
Built in 1986, MuirTec Center IV is considered an office-flex development, adaptable for multiple uses. Located along Highway 4, the four single-story buildings total more than 145,000 square feet.
The two Siemens divisions required major renovations to the building interior before they could occupy the building. Transwestern's Terry Vani provided the preliminary space planning, while the project architect was Tom Goodwin of T Goodwin & Associates Architects, according to a prepared statement. Tim Freeman of TD Freeman Construction completed the renovations.
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Natalie Dolce, editor-in-chief of GlobeSt.com and GlobeSt. Real Estate Forum, is responsible for working with editorial staff, freelancers and senior management to help plan the overarching vision that encompasses GlobeSt.com, including short-term and long-term goals for the website, how content integrates through the company’s other product lines and the overall quality of content. Previously she served as national executive editor and editor of the West Coast region for GlobeSt.com and Real Estate Forum, and was responsible for coverage of news and information pertaining to that vital real estate region. Prior to moving out to the Southern California office, she was Northeast bureau chief, covering New York City for GlobeSt.com. Her background includes a stint at InStyle Magazine, and as managing editor with New York Press, an alternative weekly New York City paper. In her career, she has also covered a variety of beats for M magazine, Arthur Frommer's Budget Travel, FashionLedge.com, and Co-Ed magazine. Dolce has also freelanced for a number of publications, including MSNBC.com and Museums New York magazine.
