Mattress maker Zinus houses its U.S. sales, marketing and distribution operations in the East Bay. It recently expanded into San Leandro.
Blanca Torres
Reporter- San Francisco Business Times
Zinus Inc., a mattress and bedding distributor, took 116,017 square feet in the Fairway Industrial Center at 1951 Fairway Drive in San Leandro.
The company plans to expand from its current 48,000-square-foot space at 30799 Wiegman Road in Hayward, which serves as its U.S. sales and marketing base.
Zinus, based in Asia, also has offices in Canada, China and Korea. It makes mattresses, pillows, sleep foundations and slippers sold in stores such as Target, Bed Bath Beyond, Sam’s Club and Walmart.
The company’s San Leandro deal is one of the largest inked this year in the East Bay.
“The commercial real estate market is showing continued signs of improvement,” said Greig Lagomarsino, a broker with Colliers International who represented the landlord, Loma Verde Properties along with Todd Severson and Nick Ousman of the same firm. “Many Bay Area companies are back in expansion mode and this transaction is indicative of the market today. This facility provides an excellent opportunity to accommodate Zinus’ current and future expansion needs.”
Fairway Industrial Center contains 288,000 square feet with about 38,638 square feet available for lease.
Blanca Torres covers East Bay real estate for the San Francisco Business Times.
Article source: http://www.bizjournals.com/sanfrancisco/blog/real-estate/2013/04/zinus-inc-takes-116000-sf-in-san.html