TransPak Buys 122,500-Square-Foot Industrial Facility

HAYWARD, Calif.—March 30, 2016—Cushman & Wakefield, a global leader in commercial real estate services, announced today that Transpak, a leading provider of logistics solutions, custom crating, packaging and design, has acquired a 122,502-square-foot industrial facility for its new headquarters. The company paid slightly more than $13.7 million for the property located at 20415-20427 Corsair Boulevard and is currently in the process of moving into the facility. The seller was Sunland Properties Inc.

Bert Inch, CEO of TransPak, said, “Our new East Bay facility in Hayward will give us the expanded regional coverage we need to help us improve and grow services in core markets such as Oakland, San Francisco and the surging North Bay. Combined with our existing Silicon Valley location, our wider footprint gives us deeper client reach throughout the entire San Francisco Bay Area.”

Jay Hagglund, SIOR, executive managing director with Cushman & Wakefield’s Oakland office represented the buyer in the transaction.

Hagglund said, “With vacancy extremely tight at below 2 percent, the list of prospects that could accommodate TransPak’s relocation was also very tight. But we remained persistent in our exploration and were fortunate to uncover this great off-market opportunity under highly competitive market conditions.”

Founded in 1952, TransPak is a key partner to leading technology companies in the semiconductor, aerospace, medical equipment, security and solar industries. The company is headquartered in Silicon Valley and has 20 satellite offices around the globe.

Inch added, “It was great working with Cushman & Wakefield. They did a fantastic job to bring us this great off-market opportunity that was extremely difficult to find. We are thrilled with our new headquarters and believe Hayward will be a great place for us to continue to grow in the future.”

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