Property History
CBRE Inc. is exclusively offering for sale 1130-1170 Olinder Court in San Jose, CA, a high quality cold storage facility totaling 64,594 SF in the Silicon Valley market. The property is 100% leased to Dairyland Produce, a subsidiary of The Chef’s Warehouse (NYSE: CHEF), through September 2025. This is a unique opportunity to acquire institutional quality product in an infill market with extremely high barriers to entry.
The site offers excellent freeway access to the entire Bay Area, ideal for e-commerce/last mile distribution. The South San Jose industrial submarket has a vacancy rate of just 2.6%. San Jose is one of the largest and most affluent population bases in California with over 4 million total residents.
California has the second lowest cold storage supply per capita rate of any state in the U.S., despite its massive industrial base, which has caused an extreme shortage of cold storage product.
100% Leased To Dairyland Produce LLC Through 9/2025
Freezer/cooler building with temperature control from -20°F up to 28°F
Equipped with food processing infrastructure including washable panels, trench and floor drains and two designated light processing rooms
8 Dock high and 2 grade level doors
Fully renovated office space (new HVAC, lighting, restrooms, ADA, etc.)
Ample car parking with 96 spaces
Fully secured yard
Loan History
Financial History
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