Our business climate is rapidly changing, and the
industrial real estate market is no exception. With an explosive growth
in e-commerce, just-in-time delivery expectations, and the resurgence of
local manufacturing/assembly operations in Silicon Valley, we see a strong industrial market.

But when we survey the Bay Area real estate canvas, we also recognize the
glaring void of state-of-the-art and highly efficient space for these
types of uses.

Using a poker analogy, we know a royal flush when we see one, and we’ve decided to play our hand.

With a 42-year track record in development, acquisition, master planning, and
management of industrial, office, and mixed-use projects, Overton Moore
Properties recognized opportunity in the form of a 40-acre site in
Fremont, Calif. along the I-880 at Dixon Landing Road. Anticipating
continuing demand for industrial and manufacturing/distribution space
and the long-term strengths of the San Francisco Bay Area industrial
market, we are developing
The Crossings @ 880
– a three-building project, totaling 691,000 square feet of Class A
Industrial space. The project will be completed by the end of the year.

Renderings of The Crossings @ 880

We know we are making a statement by building the largest speculative
industrial project in the Bay Area in the last 15 years (and our only
project in Northern California). But Fremont’s central Bay Area location
and the tremendous freeway frontage and visibility of the site are
unbeatable. The City of Fremont staff has been tremendous to work with,
and it’s one of the best pro-business Cities that we’ve encountered.
Even better, this project will finally connect Fremont Boulevard to
Dixon Landing Road, facilitating a shorter commute from San Jose and the
rest of Silicon Valley.

We are marketing to Silicon Valley users looking for easy access to Highway 237, Class A “best in
class” facilities, corporate users looking to establish a high-identity
headquarters location with prominent visibility along the I-880, and
distribution users who want immediate access to the I-880 and infill
markets within the San Francisco Bay Area.

And the fact is, there just aren’t that many new buildings in the region that
accommodate this combination of uses. Manufacturing hubs like Fremont
depend on the ability to house not only large manufacturers, but also a
wide range of other users that make up the supply chain. So whether it’s
production, final assembly, or distribution/logistics, it all means a
strengthening manufacturing base and the economic development benefits
associated with that.

So that’s why I’m betting on The Crossings @ 880 and why I’m betting on Fremont. If you’re interested
in learning more about the project, contact our real estate brokers,
Rob Shannon and Joe Kelly with CBRE. Alternatively, feel free to call or e-mail me.

Overton Moore Properties– Gardena, Calif.-based OMP has constructed
and acquired more than 34 million square feet of office, industrial, and
mixed-use space, developing more than 1,598 acres of raw land
throughout California and Arizona. The firm also owns and manages over 6
million square feet.