Admiral Malting

 

The City of Alameda recently closed escrow on the sale of the 50,000-square-foot Building 91 at West Tower Avenue and Pan Am Way on Alameda Point, across West Tower from the powertrain manufacturer Wrightspeed. The transaction marks the city’s first successful sale of property for private development at the Point. The commercial developer is currently restoring the 73-year-old former storage facility for modern-day commercial use.