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7/05/22
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TireHub, a national tire distributor cofounded by The Goodyear Tire & Rubber Company and Bridgestone Americas Inc, has pre-leased Prologis Park, a newly constructed, 58.5k sf industrial facility in Oakland. The facility is situated on 2.86 acres at 6345 Coliseum Way.
Kevin Hatcher and Michael Barry of CBRE represented Prologis in the deal. Chris van Keulen, also with CBRE, repped TireHub, which currently also has facilities in Benicia and Hayward. The new lease goes from October 2022 through December 2032.
“New industrial space in Oakland’s main industrial throughway is extremely rare and its location is a huge value-add for TireHub as they looked to expand in the East Bay,” said noted van Keulen. Earlier this year, the Oakland industrial sector recorded one of the lowest vacancies in the nation at 2.3%, according to CBRE.
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