X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

(To read more on the industrial market, click here.)

SAN FRANCISCO-Orton Development of Emeryville has landed a major tenant for the historic Ford Motor Co. Assembly Plant in Richmond, a 520,000-sf building it has converted into a multi-tenant property. PowerLight, a Berkeley-based subsidiary of publicly held SunPower Corp. of San Jose, has leased 175,000 sf at the plant that will serve as its new headquarters and research facility.

Located in a redevelopment area, the Ford facility was built in the 1930s and was the largest assembly plant on the West Coast. A “daylight factory” design by Albert Kahn, it was converted for military-related production during World War II. Orton acquired the building in 2004 from the City of Richmond Redevelopment Agency.

PowerLight’s move is scheduled for the end of the year. Previously signed tenants include Mountain Hardware, Best Line, Title 9 Sports and Vetrazzo. The site also will also house the Rosie the Riveter/World War II Home Front Historic Park Visitor Center.

Current availability at the Ford Plant could not immediately be obtained. Troy Peterson, who heads up the Ford Point project for Orton, did not respond to a request for comment. According to one published report, the company expects to have the plant 80% leased by the end of the year.

SunPower Corp. designs, manufactures and markets high-performance solar electric technology worldwide. SunPower is a majority-owned subsidiary of publicly held Cypress Semiconductor Corp. PowerLight sells large-scale solar power Systems.

PowerLight currently occupies 27,000 sf in Berkeley. The Ford Point deal was brokered by NAI BT Commercial and CM Realty.

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
  • 3 free articles* across the ALM subscription network every 30 days
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

GlobeSt. NET LEASE 2020Event

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

Get More Information
 

GlobeSt

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 © 2020 ALM Media Properties, LLC. All Rights Reserved.