Two New Leasees to Move in at Gateway II

Grubb & Ellis Company (NYSE: GBE), a leading real estate services and investment firm, today announced that it facilitated two lease transactions totaling 30,700 square feet of office space at Concord Gateway II, located at 1855 Gateway Blvd. in Concord. 

In both transactions, Scott Ellis, senior vice president, and Trigger Reital, vice president, both members of the company’s Office Group, represented the property’s owner, Sierra Pacific Properties Inc.

In the first transaction, SecuriMetrics Inc., a wholly owned subsidiary of L1 Identity Solutions, leased 23,237 square feet of space.  The company, which provides biometric security solutions for iris and multi-modal identification and recognition, will use the space for general office as well as research and development.  SecuriMetrics signed a 92-month lease and will take occupancy May 1.  SecuriMetrics was represented by Rick Steffens, SIOR, senior vice president, and Knute Bucklew, vice president, also of Grubb & Ellis’ Walnut Creek Office Group, in the transaction.   

Massingham Associates Management Inc., a subsidiary of Associa, a national leading community association management company, leased 7,702 square feet of office space at Concord Gateway II.  The company signed an 81-month lease and is expected to take occupancy June 1.  Matt Hurd, senior associate, Office Group, represented Massingham Associates Management, which is relocating from 4085 Nelson Ave., Concord, in the transaction. 

Located in downtown Concord, Concord Gateway consists of two 10-story office buildings offering an aggregate 602,000 square feet of office space.  The Energy Star designated property is served by the Bay Area Rapid Transit and is equipped with 24-hour security, a fitness center, conference center and exclusive parking garage.  Concord Gateway is currently 80 percent leased, with available space ranging from 592 to 10,000 square feet. 

For more information, call 925.939.3500, or contact Ellis at scott.ellis@grubb-ellis.com, or Reital at trigger.reital@grubb-ellis.com.