SAS Leases Entire Advanced Manufacturing Plant


SAS Leases Entire Advanced Manufacturing Plant

NEWARK, CA—Construction of Silicon Valley’s newest high-image advanced manufacturing industrial project, OMP Eureka Landing, was completed last month. Located at 39888 Eureka Dr., OMP Eureka Landing lies two blocks west of Interstate 880 and less than five miles from Tesla’s Fremont plant. The property is within the 1.1 million-square-foot Stevenson Point Tech Park, which is populated with high-technology companies including Apple, Unigen Corporation, SMART Modular Technologies and Triple Ring Technologies Inc.

 

And, marking the first automotive systems supplier to lease space along the Interstate 880’s industrial corridor since Tesla Motors’ expansion, SAS Automotive Systems pre-leased the entire 142,188-square-foot facility. Headquartered in Germany with US offices in Michigan, OMP Eureka Landing represents SAS’ first West Coast outpost. SAS plans to move into the building in January upon completion of tenant improvements, where it will bring numerous advanced manufacturing jobs to the Bay Area.

 

“SAS represents the first firm from the core automotive area to establish a presence in the East Bay,” said Steve Kapp, Newmark Cornish & Carey executive managing director. “Tesla and other modern car makers are shifting the automotive landscape.”

 

Kapp marketed the property for lease together with senior managing director Mike Spiro and associate director Curtis Stahle of Newmark Cornish & Carey. SAS was represented by Colliers International’s Mark Triska and Sanjiv Chadha.

 

“We couldn’t be more proud to welcome a leading automotive systems supplier to our latest development,” said Timur Tecimer, CEO of developer Overton Moore Properties. “OMP Eureka Landing features premium design and construction in a pivotal location to best accommodate and inspire innovators like SAS for the long term.”

 

OMP Eureka Landing features 10,000 square feet of office space, 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 looking for an advanced manufacturing building. Sustainable landscaping and skylights arranged to allow installation of solar panels cap off the LEED-compliant project.

 

“SAS was aggressively pursued as a tenant by all owners with large scale availabilities in this and surrounding markets,” Spiro tells GlobeSt.com. “That SAS chose OMP Eureka Landing is a testament to Overton Moore Properties’ vision and its high quality design, construction and management functions.


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