OAKLAND — A long-time but now-shuttered glass factory in Oakland could be bulldozed and replaced by a modern warehouse under a plan being pitched by a veteran developer whose major tenants include Amazon.
The development site occupies 28.8 acres at 3600 Alameda Ave. in Oakland, according to a marketing brochure for the sale of the site that’s being circulated by CBRE, a commercial real estate firm.
Duke Realty, a big-time industrial developer, has proposed a major redevelopment of the glass container factory site so it could be transformed into a new warehouse, documents filed with Oakland city planners show.
Amazon is frequently a tenant for Duke Realty, according to recent regulatory filings and a conference call by the developer with Wall Street analysts.
Indiana-based Duke Realty wants to develop a brand-new warehouse building totaling 472,600 square feet on the site, the planning documents show.
The warehouse would be 51 feet high, according to the city planning documents.
As an indication of the potential traffic that the warehouse might accommodate, the new project would include 284 parking stalls and 254 parking stalls for truck trailers, the city documents show.
Of considerable interest is which company or companies might operate in the new warehouse.
In a post on its website, Duke Realty lists several companies as tenants for its most modern warehouse projects: Amazon, Weber-Stephen, Carter’s, and Dick’s.
James Connor, Duke Realty’s chief executive officer, mentioned the developer’s ties to Amazon several times during a conference call with analysts on Oct. 28 to discuss the company’s third-quarter financial results.
Amazon is a “very good partner of ours,” Connor told the analysts.
The nature of the glass container factory as an infill property closely dovetails with how Duke Realty describes its current efforts and leasing activity with Amazon, an e-commerce behemoth.
“Most of our Amazon activity today is infill,” Connor said. “It’s really spec leasing or pre-leasing of land we have controlled and under entitlement.”
The glass container factory complex totals 1.19 million square feet and was built in 1987, according to Alameda County property records.
As of mid-2021, the assessed value of the site was $37.3 million, the county property files show. Ohio-based Owens Brockway Glass Container still owns the property.
“The asset is ideally located in the city of Oakland, one of the most desirable industrial markets in the Bay Area,” CBRE stated in its marketing brochure for the property.