mOasis Inc. leased 11,000 square feet in the Dowe Business Park in Union City.
Blanca Torres
Reporter- San Francisco Business Times
MOasis Inc. is taking its headquarters east to Union City from Mountain View.
The company, a maker of a polymer hydrogel, leased 11,000 square feet in the Dowe Business Park, a 354,000-square foot industrial park owned by Harsch Investment Properties.
The tenant, founded in 2010 at Stanford University, makes a gel used to store and preserve crops throughout California. The company says its product increases crop yields and helps farmers reduce their water and energy use.
“We’ve had the fortunate problem of outgrowing our lab space at Stanford a year ago, and in Mountain View most recently, and we are thrilled to find a new home at Dowe Business Park,” said Susanna Kass, CEO and president of mOasis Inc. “We now have a work space that offers both office and production space, as well as a lab. Dowe’s location is convenient for our East and South Bay-based employees and we look forward to the expansion and growth that the property will allow us.”
The property is now 85 percent occupied. It is close to Interstate 880 and both the San Mateo and Dumbarton bridges.
“This is a great time for real estate activity in the East Bay, and our properties here are seeing steady growth,” said Don Little, senior vice president for Harsch Investment Properties in the Bay Area and head of development in three states.
Harsch, based in Portland, Ore., owns and operates 20 million square feet of office, multi-tenant industrial, multi-family and retail properties in five western states and has regional offices in Seattle, the Bay Area, Sacramento, Las Vegas, and San Diego.
Harsch Investment Properties was represented by Joe Yamin and Sean Sabarese of Colliers International.
MOasis Inc. was represented by Rick Keely and Aileen Dolby of Colliers International.
Blanca Torres covers East Bay real estate for the San Francisco Business Times.
Article source: http://www.bizjournals.com/sanfrancisco/blog/real-estate/2013/01/moasis-moving-to-union-city-ditches.html