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6/02/16
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OMP Eureka Landing, a 140k sf, high-image, advanced manufacturing industrial project in Newark, is under construction and available immediately. The project, a development of Overton Moore Properties, can accommodate up to 45k sf of custom-built office space and features a modern design aesthetic and premium building amenities.
Located at 39888 Eureka Dr in Newark, about 15 miles north of San Jose, Eureka Landing lies two blocks west of I-880 within the Stevenson Point Tech Park. The 1.1 msf Tech Park is populated with cutting-edge high technology companies including Apple, Unigen Corporation, SMART Modular Technologies and Triple Ring Technologies, Inc. Construction began in April and is scheduled for completion in October of 2016.
Overton Moore launched the OMP Eureka Landing development following its tremendous success with Crossings @ 880, a 700k sf project in Fremont which the developer completed in 2014 and fully leased to Apple, Living Spaces and Pivot Interiors. Crossings @ 880 sold in August of 2015 to an affiliate of BlackRock Realty Advisors.
“OMP Eureka Landing represents a unique opportunity to lease a brand new, high quality building which is also customizable to its user’s specifications,” said Steve Kapp, a Newmark Cornish & Carey executive managing director who is marketing the property together with Senior Managing Director Mike Spiro and Associate Director Curtis Stahle. “With industrial vacancies below three percent along the I-880 corridor, and a mere handful of buildings with comparable space currently available throughout the entire Silicon Valley, OMP Eureka Landing is a timely solution for companies growing and developing here.”
OMP Eureka Landing will be built to handle business with 16 dock-high doors, two oversized grade-level doors, 32-foot clear height, ESFR sprinkler systems and 4,000 amps of 480-volt power, double that of most buildings on the market. The building is completely secure and well designed to ensure maximum privacy for single tenancy. Sustainable landscaping and skylights arranged to allow installation of solar panels cap off the LEED-compliant project.
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