Velo3D Leases 288,700 Square Foot Industrial Building In Livermore For $55.8 Million

The industrial building located at 711 Challenger Street in Livermore, California, encompasses a total square footage of 288,700. This asset is valued at $55.8 million and is owned by OMP and Invesco. The property is now fully leased.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $55.8 million
• Address: 711 Challenger Street
• Market: Livermore, CA
• Square Footage: 288,700
• Landlord: OMP & Invesco
• Tenant: Arun Jeldi - Velo3D
• Broker: Colliers

Colliers represented the landlords OMP and Invesco in this lease transaction, which involved tenant Arun Jeldi from Velo3D.