INDUSTRIAL PROPERTY SHOWCASE

Gilroy

Renz Industrial Center | Gilroy’s Industrial Landmark | ±206,326 SF | Price TBD

Executive Summary

The Renz Industrial Center is more than an address — it’s a statement. Sitting on 12.64 acres in the commercial heart of Gilroy, this two-building, ±206,326 SF powerhouse is designed for scale, flexibility, and growth. Think of it as the “command center” for companies that demand visibility, access, and modern design. Whether you’re an expanding logistics player, advanced manufacturer, or institutional investor, this property is a category-defining asset in the South Bay industrial corridor.

Why It Works / Investment Highlights

• Two-for-One Advantage — Two freestanding buildings (±110,689 SF & ±95,637 SF), each offering autonomy and future-proofed layouts.
• Land-Rich Platform — 12.64 acres of industrial-zoned land, a rare large-parcel play in Silicon Valley’s backyard.
• Modern Build-Out — Designed for today’s industrial users, with clear heights and infrastructure aligned with Class A standards.
• Market Sweet Spot — Positioned at the crossroads of Gilroy’s retail/industrial growth zone, offering both workforce access and corporate visibility.
• Flexible Exit Paths — Suited for single-tenant HQ, multi-tenant lease-up, or long-hold institutional play.

Property Facts

• Total Size: ±206,326 SF across two buildings
• Address: 951 Renz Ln (±95,637 SF), 981 Renz Ln (±110,689 SF), Gilroy, CA
• Year Built: 2027 (new construction pipeline)
• Lot Size: ±12.64 acres
• Status: For Sale (individual or portfolio)
• Type: Industrial | Investment or Owner-User

Strategic Angle

This is not just industrial square footage — it’s a strategic anchor. For an owner-user, it’s a rare chance to secure a campus footprint in the South Bay at a scale that can support long-term expansion. For investors, it’s a portfolio-quality property with multiple value-creation levers: lease-up, repositioning, or future redevelopment. With Silicon Valley pushing southward, Gilroy is no longer the fringe — it’s the next frontier.

Bottom Line

The Renz Industrial Center is industrial real estate with momentum: modern, scalable, and perfectly positioned for the region’s next wave of growth.

Industrial Market Report – South Bay / Gilroy

• Big Deals: Prologis recently acquired a ±200,000 SF facility in Morgan Hill for $67M ($335/SF), highlighting institutional appetite.
• Lease Rates: South Bay industrial rents holding firm at $1.25–$1.40/SF NNN, with low vacancy under 3%.
• Demand Drivers: E-commerce logistics, food distribution, and advanced manufacturing continue to fuel absorption.
• Investor Trend: Larger parcels like Renz (10+ acres) are increasingly scarce, driving premium pricing.

Gilroy Big-Deal Land Updates

• Google — ~40 acres (Rossi Lane, East Gilroy)
  • Status: Owned since ~2019; currently active use
  • Key Details: Purchased for ~$2.1M. Parcel is zoned large-scale agricultural. Being used as a tree nursery / green buffer supporting Google’s Bay Area campuses. Not developed industrially at this stage; potential long-term upside depends on zoning changes.
• Amazon / AWS — ~56 acres (Arroyo Circle, Southeast Gilroy)
  • Status: Entitled (2025) for data center development
  • Key Details: Project called Gilroy Data Center (GDC). Two-building campus totaling ~438,500 SF. Includes on-site substation, backup power systems, and possible battery energy storage. Environmental impact reports complete, architectural/site approval granted.
• Amazon — ~60 acres (Highway 152 & Camino Arroyo)
  • Status: Acquired; project in planning / approvals phase
  • Key Details: Known as “Project Garlic.” Proposed delivery center + warehouse project led by Panattoni. Site positioned for large-scale last-mile and regional distribution. Traffic mitigation and local approvals under review; exact square footage TBD.

Links

Argossy International Properties
City of Gilroy Economic Development Dept

Transportation Snapshot

• Cargo Rail: Direct access to Union Pacific rail lines in Gilroy with regional connectivity.
• Cargo Air: ±34 miles to San José Mineta International Airport; ±55 miles to Oakland International Airport.
• Cargo Port: ±50 miles to Port of Oakland, Northern California’s gateway to Asia-Pacific trade.