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OAKLAND, CA-WP Investments has acquired the last 14 acres of land available at the Oakland Airport Business Park. The Woodside, CA-based developer will begin construction on a 240,000-sf, two-story, high-ceiling flex-use campus by fall 2001, says Omar Benjamin, director of real estate for Port of Oakland.

The Hegenberger Road property will provide space for office use, research and development and distribution, says Benjamin. “The exciting part of this is the location and flexibility,” he says. “If you are someone in distribution or e-commerce, you have the proximity to the airport and logistics like UPS, FedEx and the postal service development by Catellus Enterprises.”

Terms of the deal were not disclosed. The Port of Oakland owns and manages more than 400 acres of land that is available for development, including Jack London Square and Embarcadero Cove.

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