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News release

WALNUT CREEK, CA

JLL Selected to Lease Fremont Distribution Park


Walnut Creek, Calif. – July 3, 2013 – Jones Lang LaSalle (JLL) has been selected to handle the leasing for Fremont Distribution Park, a three-building, institutional, quality warehouse and distribution facility located at 47602-47283 Kato Road in Fremont, California. The JLL Industrial and Logistics team of Kevin Ahaesy, Senior Vice President, Jason Ovadia, Senior Vice President and Patrick Metzger, Associate, will handle the assignment. 

“This high-quality industrial park is in a superior location, which will draw a wide range of tenant interest especially among companies seeking a warehouse-distribution location along the I-880 Corridor,” said Ahaesy. “Given its proximity to San Francisco, the South Bay, and access to Southern California, the Pacific Northwest and California’s Central Valley, it’s arguably the Bay Area’s premier gateway corridor for logistics and transportation.” 

Driven by the tech sector’s boom, Fremont and nearby markets of Newark, Milpitas, Union City and Hayward have seen an uptick in demand for industrial space, driving leasing activity for companies that have reached capacity and need more space to accommodate current and future operations.

Built in 1989 and spanning nearly 270,000 square feet,  the space features 24-foot clear heights, excellent dock and grade level loading, flexible space options between 9 and 42K SF and is fully-sprinklered. The buildings all offer freeway frontage for Corridor access to California’s major markets and beyond.
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About Jones Lang LaSalle
Jones Lang LaSalle (NYSE:JLL) is a professional services and investment management firm offering specialized real estate services to clients seeking increased value by owning, occupying and investing in real estate. With annual revenue of $3.9 billion, Jones Lang LaSalle operates in 70 countries from more than 1,000 locations worldwide. On behalf of its clients, the firm provides management and real estate outsourcing services to a property portfolio of 2.6 billion square feet and completed $63 billion in sales, acquisitions and finance transactions in 2012. Its investment management business, LaSalle Investment Management, has $47.7 billion of real estate assets under management. For further information, visit www.jll.com.