BROADREACH COMPLETES MULTI-MILLION DOLLAR RENOVATION

SAN LEANDRO, CALIF. — Broadreach Capital Partners has completed a multi-million dollar renovation of the former Kellogg’s cereal production facility in San Leandro. The company has repositioned the property as Williams Street Industrial Park, a 484,727-square-foot industrial park. Broadreach acquired the property in April 2007 for $21.5 million and undertook a 1-year redevelopment plan that included new mechanical, electrical and plumbing systems, seismic and structural upgrades, improved loading facilities, enhanced landscaping, building façades and interiors. Additionally, the company also razed 24,160 square feet of existing structures to develop a new central main entrance and truck court. Located at 2010 and 2020 Williams Street, the property features a 186,000-square-foot manufacturing and warehouse building with 19-pneumatic-fed silos; a 278,727-square-foot warehouse building with 20,000 square feet of office space, and a separate 3.6-acre industrial-zoned land parcel, which is connected to the rest of the property by a pedestrian bridge. The property is also served by two active and independent Union Pacific rail spurs. Current tenants include Meto Poly Company and Zim Diversified.