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11/03/23
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Torani has signed a pre-lease agreement for a new 202k sf warehouse development in San Leandro. The company, a leader in the flavor industry since 1925, will relocate their warehouse and distribution operations from their current headquarters at 2000 Marina Blvd in San Leandro to the new facility, which will allow Torani to expand their production lines at the Marina Blvd facility.
Located at 1919 Williams St, the warehouse is being built by Prologis and expected to deliver in late 2024. The property will have numerous docks, trailer parking and high clear heights, which are desired amenities for the modern warehouse and manufacturing user.
CBRE’s Bob Ferraro and David Black represented Torani. The firm, a certified B-Corp, is a family-owned company established in San Francisco’s North Beach neighborhood known for its syrups and sauces that are enjoyed in cafes, restaurants and home kitchens around the world. Torani also popularized the Italian soda in the U.S. and created the world’s first flavored latte.
John McManus of Cushman & Wakefield repped Prologis in the deal.
More than 1 msf of industrial product was under construction in the Oakland market in the third quarter this year, with more than 800k sf in new deliveries, according to CBRE Research.
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