Thank you for sharing!

Your article was successfully shared with the contacts you provided.

HAYWARD, CA-A German communications company signed a 10-year lease for an 18,600-sf R&D building here for use as its new U.S. Headquarters. Electronic Technology Systems will pay $3.4 million over the life of the lease to building owner White-Goodwin Properties. The building is located at 3526 Investment Blvd.

“This property is at the foot of the San Mateo Bridge, a location that offers great accessibility to the entire Bay Area,” says Bob Ferraro of Colliers International, who represented White-Goodwin with partner Chet Barney. Mark Kol of CB Richard Ellis represented ETS, a wireless communications company offering worldwide technical support.

“Hayward seems to be much more insulated from the current economic problems because it’s a community-driven market,” says Barney. “In addition, many companies are either relocating and/or expanding because of the city’s proximity to so much of the Bay Area.” Still, says Ferraro, “There have only been a handful of R&D leases completed in Hayward this year.”

Colliers’ midyear market report describes the Hayward industrial market as an attractive place for users and investors looking for great value in the San Francisco Bay Area. Experts predict that the market will continue to be slow throughout the rest of the year, but it remains one of the best economic values in the Bay Area.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.