Plans are underway to develop the acreage for retail and commercial purposes. Various retail alternatives being considered include fast food, sit-down restaurants, retail space, a gas station and other potential ventures.
Chamberlin owns and leases multi-tenant business parks, and provides build-to-suit development. The owns two other development sites in Livermore; a 6.06-acre parcel on S. Vasco Road and approximately 13 acres on Greenville Road fronting Interstate 580.
Ned Wood of Colliers International's Pleasanton office and CM Realty principal Dave Bruzzone represented Chamberlin Associates. Grubb & Ellis, together with WCIA, represented the seller.
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