{"id":1004154819,"date":"2016-10-09T23:10:03","date_gmt":"2016-10-10T07:10:03","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004154819"},"modified":"2020-04-21T04:48:38","modified_gmt":"2020-04-21T12:48:38","slug":"dermody-acquires-rebrands-hayward-industrial-asset","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/dermody-acquires-rebrands-hayward-industrial-asset\/","title":{"rendered":"Dermody Acquires, Rebrands Hayward Industrial Asset"},"content":{"rendered":"<p>By Alex Girda<\/p>\n<p><strong>Hayward, Calif.<\/strong>\u2014Industrial real estate company <a href=\"https:\/\/www.dermody.com\/\" target=\"_blank\" rel=\"nofollow\">Dermody Properties<\/a> recently announced the addition\u00a0of a new Bay Area asset to its portfolio. The owner and operator purchased a value-add asset in Hayward, Calif., from a private investor, with an outlook to improve the property and prep it for lease availability in 2017. The transaction was arranged by <a href=\"https:\/\/www.newmarkccarey.com\/\" target=\"_blank\" rel=\"nofollow\">Newmark Cornish &amp; Carey<\/a> representatives Curtis Stahle and Steve Kapp.<\/p>\n<div id=\"attachment_1004154820\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/10\/LogistiCenter-at-Huntwood.jpg\" target=\"_blank\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004154820\" data-attachment-id=\"1004154820\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/dermody-acquires-rebrands-hayward-industrial-asset\/logisticenter-at-huntwood\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/10\/LogistiCenter-at-Huntwood.jpg\" data-orig-size=\"800,429\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"LogistiCenter at Huntwood\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;LogistiCenter at Huntwood&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/10\/LogistiCenter-at-Huntwood.jpg?w=800\" class=\"wp-image-1004154820 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/10\/LogistiCenter-at-Huntwood.jpg\" alt=\"LogistiCenter at Huntwood\" width=\"300\" height=\"161\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/10\/LogistiCenter-at-Huntwood.jpg 800w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/10\/LogistiCenter-at-Huntwood.jpg?resize=300,161 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/10\/LogistiCenter-at-Huntwood.jpg?resize=768,412 768w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004154820\" class=\"wp-caption-text\">LogistiCenter at Huntwood<\/p><\/div>\n<p>Located at 31033-31055 Huntwood Ave. in the Crocker South submarket, the property offers a total of 130,000 square feet of <a href=\"https:\/\/www.commercialsearch.com\/news\/industrial\/\" target=\"_blank\">industrial space<\/a>. Dermody has already renamed the facility to LogistiCenter at Huntwood and will position the property to boost occupancy numbers. \u201cCurrently, just four properties offer space of comparable size available for lease in the I-880 corridor market from San Leandro to Fremont,\u201d Newmark Cornish &amp; Carey Executive Managing Director Steve Kapp said in a prepared statement.<\/p>\n<p>LogistiCenter at Huntwood offers large floor plates, dock- and grade-level loading and showroom, making it a fit for companies that deal with advanced manufacturing, warehouse operations, and heavy power requirements. The property currently operates at 80 percent vacancy, with the only tenant in place being Wohler Technologies Inc.<\/p>\n<p><em>Image courtesy of Dermody Properties<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The company will immediately look to improve occupancy at the facility, currently only at 20 percent. <\/p>\n","protected":false},"author":41,"featured_media":1004154820,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21743,21748,21783,21742,1609,15],"tags":[],"class_list":["post-1004154819","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-deals","category-industrial","category-investment","category-latest","category-san-francisco","category-west"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Dermody Acquires, Rebrands Hayward Industrial Asset - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/dermody-acquires-rebrands-hayward-industrial-asset\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Dermody Acquires, Rebrands Hayward Industrial Asset\" \/>\n<meta property=\"og:description\" content=\"The company will immediately look to improve occupancy at the facility, currently only at 20 percent.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/dermody-acquires-rebrands-hayward-industrial-asset\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2016-10-10T07:10:03+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-04-21T12:48:38+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/10\/LogistiCenter-at-Huntwood.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"429\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Alex Girda\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/dermody-acquires-rebrands-hayward-industrial-asset\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/dermody-acquires-rebrands-hayward-industrial-asset\\\/\"},\"author\":{\"name\":\"Alex Girda\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/540f0253de89dedaae7684239611b81c\"},\"headline\":\"Dermody Acquires, Rebrands Hayward Industrial Asset\",\"datePublished\":\"2016-10-10T07:10:03+00:00\",\"dateModified\":\"2020-04-21T12:48:38+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/dermody-acquires-rebrands-hayward-industrial-asset\\\/\"},\"wordCount\":212,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/dermody-acquires-rebrands-hayward-industrial-asset\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2016\\\/10\\\/LogistiCenter-at-Huntwood.jpg\",\"articleSection\":[\"Deals\",\"Industrial\",\"Investment\",\"News\",\"San Francisco\",\"West\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/dermody-acquires-rebrands-hayward-industrial-asset\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/dermody-acquires-rebrands-hayward-industrial-asset\\\/\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/dermody-acquires-rebrands-hayward-industrial-asset\\\/\",\"name\":\"Dermody Acquires, Rebrands Hayward Industrial Asset - 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