$48 million deal: Berkeley Farms Hayward site is bought, will be logistics site

HAYWARD — The Berkeley Farms site in Hayward has been bought by a developer in a $48 million deal whereby the buildings will be bulldozed and replaced with a big industrial and logistics center.

The 20-acre site was bought by an affiliate of Reno-based Dermody Properties on Sept. 17, according to documents filed with Alameda County officials.

“The property offers immediate access to Highway 92, Interstate 880, the Peninsula and the Port of Oakland,” said George Condon, western region president for Dermody Properties. “Its central location allows companies to reach the largest number of customers in the shortest possible time.”

For decades, the triangle-shaped property at 25500 Clawiter Road in Hayward was the site of local operations of Berkeley Farms, a well-known Bay Area milk producer and dairy brand.

Dermody Properties, acting through its affiliate, paid $48.2 million in cash for the site, the Alameda County property documents show.

Dermody’s future development is named LogistiCenter at Highway 92 and will consist of two modern logistics buildings that together will total 382,000 square feet.

“New-construction, state-of-the-art distribution space is highly sought-after as infill development in the Bay Area,” said Shelagh Danna, Dermody Properties vice president.

Amazon, an electronic commerce behemoth, is the type of company that could be enticed by the new logistics center in Hayward.

“As e-commerce continues to trend upwards, LogistiCenter at Highway 92 will help to meet the ongoing demand,” Danna said.