by Bianca Torres, San Francisco Business Times
Pleasanton, CA – Young’s Market Co., a wholesale beverage distributor, is moving its Northern California operations to Pleasanton from Union City.
The company recently bought a 65,000-square-foot office building at 5100 Franklin Dr. in Pleasanton from Ellis Partners LLC, a San Francisco-based real estate investor and developer.
The property, built about 12 years ago, formerly housed Hitachi Data Systems, a company that downsized and moved to another facility in Pleasanton.
Young’s Market, founded in 1888, is a family-owned company headquartered in Southern California with operations in California, Oregon, Washington, Alaska Hawaii, Arizona, Idaho, Utah, Wyoming and Montana. Its main Northern California office was previously in Union City and will move hundreds of employees to Pleasanton.
Rick Keely and Greig Lagomarsino, brokers with Colliers International’s Oakland office along withBrian Lagomarsino of Colliers International’s Pleasanton office represented the buyer. Ted Helgans,Jason Chandler, Ned Wood and Mark Triska of Colliers International’s Pleasanton office represented the seller the deal.