October 5, 2016 Comments Off on Prologis Starting First Facility at $1.2B Oakland Army Base Redev Views: 812 Bay Area, California, California News, West

Prologis Starting First Facility at $1.2B Oakland Army Base Redev

The first ground-up development at the $1.2-billion Oakland Army Base redevelopment project is set to begin shortly. San Francisco-based Prologis Inc. plans to break ground on a 256,000-square-foot spec industrial facility at the Oakland Global Trade and Logistics Center.

Prologis called it a “major milestone,” after decades of planning and site work set the stage to breathe new life back into the 330-acre base that was shuttered in 1999. The infill project in a “premier location” is slated to be completed by mid-next year.

Prologis is working with the City of Oakland on a multi-phase redevelopment plan for its roughly 160-acre portion of the former military base. The Port of Oakland is also redeveloping its half of the site.

Colliers International’s Greig Lagomarsino, Mark Maguire, Kevin Hatcher and Michael Goldstein are handling the leasing of Prologis’ project.

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Read More at San Francisco Business Times

Connect with Prologis’ Dan Letter

Connect with Colliers’ Lagomarsino

For comments, questions or concerns, please contact Dennis Kaiser

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