Bob Weinstein, president and chief executive officer of Sunrise,says he has been looking for months for an alternative to thecompany's cramped, 21,000-sf quarters in Emeryville. "We hadbathtubs stacked everywhere," said Weinstein, who plans to haveswitched the company's entire operation to the eight-acre site on98th Street site by October.

Weinstein says finding the right space was a tricky task, asvery few suitable properties are currently available in the Oaklandindustrial market. Looking for 60,000 sf initially, the GrannyGoose plant seemed too large a facility at first blush, Weinsteinsaid.

Upon reflection, however, Weinstein says he warmed up to theproperty and what it could ensure for the future of his seeminglyever-expanding company. "I don't want to be going through thisagain in eight to 10 years," he said of the hassle of findingexpansion property.

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.