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Torani Leases 200,000 SF Industrial Warehouse In San Leandro From Prologis

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LEASED
David H. Black
John McManus
+ 1

California

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Industrial200,000 SF
Leased 11/03/2023
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LEASED

Torani Leases 200,000 SF Industrial Warehouse In San Leandro From Prologis

1919 Williams Street

See Similar Deals
Industrial200,000 SF
Leased 11/03/2023
David H. Black
John McManus
+ 1
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Summary

CALIFORNIA
Asset Type:Industrial
Price Per Square Foot:$0
Total Square Footage:200,000 SF
Transaction Type:Lease

Torani, a beverage syrup manufacturer, is expanding its presence in San Leandro, California, by pre-leasing a 200,000-square-foot warehouse under construction by Prologis. The new facility will complement Torani's existing "Flavor Factory" and address the tight industrial market in the East Bay, with a completion date set for next year.

Summary of transaction details

  • Property Type: Industrial
  • Transaction Amount: Not provided
  • Square Footage: 200,000
  • Address: 1919 Williams Street
  • Market: San Leandro

Prologis, represented by John McManus of Cushman & Wakefield, is the landlord of the property located at 1919 Williams Street in San Leandro. The tenant, Torani, is represented by David Black and Bob Ferraro of CBRE. Torani's expansion into the 200,000-square-foot warehouse demonstrates their commitment to growing their presence in San Leandro and addressing the high demand for industrial space in the East Bay region.

Players

Robert "Bob" Ferraro
4 deals$53.3M volume
BROKER



Hamid Moghadam
Prologis
51 deals$2.6B volume
LANDLORD

Details

LEASED
IMAGE: John McManus, Bob Ferraro, David Black, Hamid Moghadam & Scott Triou DATE: 11/03/2023 ADDRESS: 1919 Williams Street MARKET: San Leandro ASSET TYPE: Industrial ~ SF: 200,000 LANDLORD: Prologis - Hamid Moghadam TENANT: Torani (@Torani) - Scott Triou (@Scott.Triou) LANDLORD'S REP: John McManus - Cushman & Wakefield (@CushWake) TENANT'S REP: David Black & Bob Ferraro - CBRE (@CBRE) NOTE: Torani, a beverage syrup manufacturer, is expanding its presence in San Leandro, California, by pre-leasing a 200,000-square-foot warehouse under construction by Prologis. The new facility will complement Torani's existing "Flavor Factory" and address the tight industrial market in the East Bay, with a completion date set for next year.

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Deal Type
Effective Rent (Annual)

$11,463,879.31

Total Lease Value

$114,638,793.11

Net Landlord Cash Flow$11,463,879.31