East Bay Business Times reported that steel fabricator Alamillo Rebar Inc has expanded by 17,000 square feet at Mare Island near Vallejo, its second expansion in two years.
The repot said that the company now occupies 67,000 square feet, one of the largest commercial spaces on the former naval shipyard being redeveloped by Lennar Mare Island LLC.
Alamillo Rebar operates in Building 126 at 1101 Nimitz; the expansion was for additional laydown space outside. The company leased about 33,000 square feet on the island in March 2007.
According to the Fairfield office of Colliers International, the rate and term were not disclosed. But industrial space in Solano County was going for about 35 to 55 cents per-square foot a month, with older properties between 50,000 and 100,000 square feet priced at the lower end of the range.
