HAYWARD, CA—Previously owned by the Dean Foods Estate, the former Berkeley Farms milk processing facility is located on 20.23 acres at 25500 Clawiter Rd. It was recently acquired by Dermody Properties, which will demolish the existing facility and redevelop/rebrand the new structure as LogistiCenterSM at Highway 92.
Demolition work will begin next month with final delivery expected in the second quarter of 2022. LogistiCenterSM at Highway 92 will consist of two class-A logistics buildings totaling 382,290 square feet. Each building will be able to accommodate between one and three customers.
"The Hayward submarket has become one of the largest warehousing and distribution centers in the Bay Area and is the second-largest industrial market along the I-880 corridor," said George Condon, West Region partner at Dermody Properties. "The property offers immediate access to Highway 92, Interstate 880, the Peninsula and the Port of Oakland. Its central location allows companies to reach the largest number of customers in the shortest possible time."
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
Lisa Brown
Lisa Brown is an editor for the south and west regions of GlobeSt.com. She has 25-plus years of real estate experience, with a regional PR role at Grubb & Ellis and a national communications position at MMI. Brown also spent 10 years as executive director at NAIOP San Francisco Bay Area chapter, where she led the organization to achieving its first national award honors and recognition on Capitol Hill. She has written extensively on commercial real estate topics and edited numerous pieces on the subject.
