LEASED
Pyka Leases Industrial Building In Alameda Point For Headquarters Expansion
950 West Tower Avenue
Industrial
110,000 SF
110,000 SF
Leased 43 days ago
Summary
Lease
CALIFORNIA
Industrial
110,000 sqft
An industrial building spanning 110,000 square feet located at 950 West Tower Avenue in Alameda was leased by Pyka for its headquarters and manufacturing plant. The lease agreement is for eight years with an asking rent of $100,700 per month.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Lease with an asking rent of $100,700 per month
- Address: 950 West Tower Avenue
- Market: Alameda
The lease deal was facilitated for Pyka, an autonomous aircraft startup, by Michael Norcia and Chuma Ogunwole. This move represents a significant expansion for Pyka from its current Oakland location to the former Naval Air Station site in Alameda, in alignment with the area's redevelopment plans.
Details
LEASED
IMAGE: 03/26/2024
ADDRESS: 950 West Tower Avenue
MARKET: Alameda
ASSET TYPE: Industrial
TENANT: Michael Norcia & Chuma Ogunwole - Pyka
ASKING RENT: $100,700/Month ~ SF: 110,000
NOTE: Pyka leases a 110,000-square-foot industrial building at Alameda Point for its headquarters and manufacturing plant, with an eight-year agreement at $100,700 per month. This marks a substantial expansion for the autonomous aircraft startup from its current Oakland hub, aligning with Alameda's redevelopment plans for the former Naval Air Station site.View on map
Loading...
Address950 West Tower Avenue
Comparables
Reset filters to show results.