Few Industrial Large Floorplate Choices in 880 Corridor

Construction for OMP Eureka Landing will be wrapped up in October.

NEWARK, CA—With industrial product scarce and large floorplates especially in need, users have found few options since 2014. However, Silicon Valley’s newest high-image advanced manufacturing industrial project is now under construction. At approximately 140,000 square feet, OMP Eureka Landing can accommodate up to 45,000 square feet of custom-built office space. “We have designed the building to optimize its utility by high tech, life science, data center, clean energy or solar firms to realize and create their innovations in the same space,” said Timur Tecimer , CEO of Overton Moore Properties . Construction began in April and is scheduled for completion in October 2016. Overton Moore launched the OMP Eureka Landing development following its tremendous success with Crossings @ 880 , a 700,000-square-foot project in Fremont, CA, which the developer completed in 2014 and fully leased to Apple, Living Spaces and Pivot Interiors . Crossings @ 880 sold in August 2015 to an affiliate of BlackRock Realty Advisors . “OMP Eureka Landing represents a unique opportunity to lease a brand new, high-quality building which is also customizable to its user’s specifications,” said Steve Kapp , a Newmark Cornish & Carey executive managing director who is marketing the property together with senior managing director Mike Spiro and associate director Curtis Stahle . “With industrial vacancies below 3% along the I-880 corridor, and a mere handful of buildings with comparable space currently available throughout the entire Silicon Valley, OMP Eureka Landing is a timely solution for companies growing and developing here.” Located at 39888 Eureka Dr., Eureka Landing lies two blocks west of Interstate-880 within the Stevenson Point Tech Park . The 1.1 million-square-foot tech park is populated with technology companies including Apple, Unigen Corporation, SMART Modular Technologies and Triple Ring Technologies Inc. Spiro tells Globest.com: “Since 2007, the industrial market along the I-880 corridor has been gaining traction and is currently at record strength, with few large floorplate manufacturing options available to users. Located in a prime central location equidistant from the Silicon Valley and Peninsula markets, OMP Eureka Landing will be attractive to tenants seeking a high-quality facility for a greater value compared to their options in the Peninsula and South Bay cities.” In addition to the potential for 45,000 square feet of office space, OMP Eureka Landing will be built to handle business with 16 dock high doors, two oversized grade level doors, 32-foot clear height, ESFR sprinkler systems and 4,000 amps of 480-volt power, double that of most buildings on the market. The building is completely secure and well designed to ensure maximum privacy for single tenancy. Sustainable landscaping and skylights arranged to allow installation of solar panels cap off the LEED-compliant project.