Alameda City Council could select tenants by early 2026
Six companies want to lease the former Rock Wall Winery property (Building 24) at 2301 Monarch Street on Alameda Point, but one of them—St. George Spirits—has already been nixed by the City, according to a San Francisco Business Times [1] report.
[2]In a closed City Council session on November 4, Council discussed possible rental price and lease terms, the report stated. Director of Base Reuse Abby Thorne-Lyman told the Business Times that City Council could select tenants as soon as the first quarter of 2026.
“We would love to get this building occupied and leased,” Thorne-Lyman was quoted as saying. “We’re very aggressively moving this forward.” The site, which is listed by Cushman & Wakefield [3] (see online brochure [4]), has a mix of office and industrial space, according to marketing materials.
St. George Spirits, located at 2601 Monarch Street, has a license to rent space at Building 25 for barrel storage and was interested in leasing the Rock Wall building for the same purpose. However, a company spokesperson told the Business Times it is no longer being considered to lease the site, noting that “the City of Alameda has informed us that they are going to ‘go another direction with the building,’ but we have not yet learned what they plan to do with it.”
The other five companies still in the running are reportedly Macro Oceans [5], a Sacramento-based company that transforms seaweed into beauty products and food; San Francisco’s Paceline Investors [6], which owns a portfolio of office and life science buildings such as Radius at Harbor Bay; Blue Sky Recycling LLC (no website), which may be located in Rancho Cordova; The Prep Station [7], which has an industrial kitchen on Monarch Street; and Complete Coach Works [8], an employee-owned bus repair company which currently has a month-to-month lease at Building 24.
The City spent $2 million to install a new roof and make other upgrades at the 63,000-square-foot building which took a few years to complete before it could be put on the lease market, the Business Times noted. It’s part of the extensive mixed-use community on Alameda Point, where private developers have worked with the City to attract both residential projects and commercial tenants.