Relectric Supply triples office space, doubles work force
Silicon Valley/San Jose Business Journal, 3/9/2012
Relectric Supply Co. is tripling its space and plans to double its staff.
The supplier of circuit breakers and electrical distribution and control equipment has moved into new San Jose headquarters of nearly 77,000 square feet at 2390 Zanker Road in North San Jose. It represents a tripling of the 26,000 square feet the company occupied at 1711 Rogers Ave.
With the new space, the company plans to expand its manufacturing area as well as triple the size of its inventory storage area.
Anthony Robinson, Relectric CEO, said the new facility will allow his company to eventually add up to 150 new employees. That would be more than double the size of its current San Jose work force of 65 workers.
“In the last three months, we’ve brought in a number of sales people, product/QC technicians, a marketing and public relations team, a CFO, a CIO and a new purchasing agent,” Robinson said of his work force growth. “The move will help us to continue expanding in these areas.”
He said his company is also hiring a national director of sales and plans to expand its senior management team.
Relectric’s CEO said growing interest in greener products has helped spur his company’s growth.
“Our market has certainly improved as the focus shifts more and more towards thinking ‘green,’ since we specialize in reconditioning and testing industrial power systems to keep that gear out of landfills and scrap yards,” he said. “Our company has grown on average about 25 to 30 percent per year above the rest of the field.”
Relectric was represented in the long-term lease transaction by Steve Horton and Kelly Yoder in the San Jose office of Cassidy Turley. Rreef Real Estate, a New York-based real estate investment firm, is the building owner. Representing the landlord in the deal was Ed Hofer and Dave Sandlin, both senior vice presidents in the San Jose office of Colliers International.
About 20 percent of the building will be used for offices and 80 percent for manufacturing and warehouse space. Financial terms of the lease were not disclosed. According to brokers, monthly asking lease rates for office/light industrial space in North San Jose range from 70 cents to 80 cents per square feet.