The Hegenberger Road property will provide space for office use,research and development and distribution, says Benjamin. "Theexciting part of this is the location and flexibility," he says."If you are someone in distribution or e-commerce, you have theproximity to the airport and logistics like UPS, FedEx and thepostal service development by Catellus Enterprises."
Terms of the deal were not disclosed. The Port of Oakland ownsand manages more than 400 acres of land that is available fordevelopment, including Jack London Square and Embarcadero Cove.
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