Thank you for sharing!

Your article was successfully shared with the contacts you provided.

OTAY MESA, CA-Pioneer Speakers Inc., a manufacturer of audio speakers, and its logistics partner have signed five-year leases for 52,678 sf at the Siempre Viva Business Park.

Pioneer, in conjunction with NYK Distributions Systems Americas Inc., a logistics company, will use the space for corporate offices, an acoustical lab and listening room, and light assembly of speakers. NYK Distributions will run the warehouse operations and provide logistical support for Pioneer. The companies will move into the building in January.

Pioneer Speakers was represented by Joe Smith of Burnham Real Estate. NYK Distributions represented itself and the lessor, Murphy Development Company, was represented by Hack Adams, the firm’s director of marketing.

“We required a facility that combined warehouse space with corporate-quality offices,” said Kazuyoshi Nozawa, president of Pioneer Speakers.

Pioneer Speakers and NYK Distributions are the third and fourth tenants to lease space in the recently completed three-building expansion that totals more than 230,000 sf. Other new tenants include Air Tiger Express, which has moved into 24,072 sf of industrial/distribution space, and UPS/Fritz Companies, which has leased 70,470 sf of corporate office and distribution space.

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?


GlobeSt. NET LEASE Fall 2021Event

This conference brings together the industry's most influential & knowledgeable real estate executives from the net lease sector.

Get More Information


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.