Quarterra Multifamily Announces the Start of Leasing at Leya Apartments
Rhea-AI Summary
Quarterra Multifamily, a Lennar subsidiary, announces the start of leasing at Leya Apartments, a new 328-home luxury community in Fremont's Warm Springs neighborhood. The mid-rise development offers studio to three-bedroom units ranging from 576 to 1,388 square feet, featuring modern amenities including smart thermostats, stainless steel appliances, and quartz countertops. Located at 3301 Innovation Way, the property provides easy access to major highways and the Warm Springs BART Station. Community amenities include a resort-style pool, spa, 24-hour fitness center, co-working spaces, and EV charging stations. This marks Quarterra's first Fremont development and fifth in the Bay Area.
Positive
- Strategic location near major tech employers and transportation hubs
- Diverse unit mix catering to different market segments (576-1,388 sq ft)
- Comprehensive amenity package including modern workspace solutions
- Expansion of portfolio in the high-demand Bay Area market
Negative
- None.
News Market Reaction – LEN
On the day this news was published, LEN declined 2.94%, reflecting a moderate negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
Luxury community infuses 328-home premier apartment homes into Bay Area
Leya is a 328-home mid-rise community in the Warm Springs neighborhood of
"Leya is Quarterra's response to the ever-growing housing demand in the Bay Area, and delivers an exceptional living experience in an accessible and enviable location," said Nathan Tuttle, Senior Director, Development for Quarterra. "We're excited to be part of Warm Springs' continued evolution and emergence as a hub for the tech jobs sector. Leya helps to ensure that tech workers have the option to live and work in their community, strengthening their sense of connection to
Leya residents have everything they need just minutes from the community. They can shop and dine locally at Pacific Commons Shopping Center, NewPark Mall, Fremont Hub, Warm Springs Plaza and Gateway Plaza, or catch an improv show at Made Up Theatre. Multiple golf courses and wineries are just minutes away in the
Located at 3301 Innovation Way, Leya offers simple regional connectivity throughout the Bay Area. Interstate 880 (Nimitz Freeway) is only .6 miles from the property, running north-south along the eastern shore of San Francisco Bay, and I-680, which also runs north-south roughly 4 miles away, connects East Bay to South Bay and beyond. California Hwy 237, a major east-west arterial roadway, is only a few miles from the property, as well. Local connectivity is created via Fremont Boulevard, just blocks from Leya, with Auto Mall Parkway and Grimmer Boulevard also within easy reach. The property puts families with school-aged children just a block away from Lila Bringhurst Elementary School. The Warm Springs BART Station, within walking distance of the community, also provides convenient access to regional destinations and major employers including Tesla, Lam Research, Lucid, Meta and Seagate Technology.
Leya features a mix of studio, one-, two- and three-bedroom apartment homes, ranging from 576 to 1,388 square feet. The modern homes come equipped with smart thermostats. Kitchens are highlighted by a stainless steel appliance package, quartz countertops, custom pendant lighting and undermount sinks with designer faucet hardware. Homes feature luxury vinyl plank flooring throughout living areas and floor-to-ceiling windows, while bedrooms are carpeted and include expansive walk-in closets. Bathroom designs utilize tile shower surrounds.
Residents of Leya have full access to a resort-style pool and spa area, augmented with barbeque grilling stations. A resident clubhouse includes billiards, a full kitchen, TVs and arcade games, while a 24-hour fitness center is stocked with top-tier equipment to accommodate any workout. A thoughtfully designed co-working center caters to the work-from-home crowd, with private work spaces, collaborative social areas, and Bluetooth, HDMI and USB technology. A state-of-the-art screening room includes Bluetooth and streaming options. Leya residents also have the use of a bike storage facility and parking structure with Tesla EV charging stations.
Leya is Quarterra's first community in
About Quarterra
Quarterra Group, Inc., a wholly-owned subsidiary of Lennar Corporation (NYSE:LEN and LEN.B), is a multi-strategy, real estate focused, alternative asset management company comprising three rapidly growing verticals: Multifamily, Single-Family Rental, and Land. Launched in 2011, Quarterra Multifamily, previously known as LMC, is among the nation's most active developers, builders, and managers and has been on the National Multi-Housing Council's (NMHC) annual Top 50 list for nine consecutive years.
Quarterra creates extraordinary communities where people can live remarkably.
www.Quarterra.com
Media Contact
Marlena DeFalco
LinnellTaylor Marketing
marlena@linnelltaylor.com
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SOURCE Quarterra
FAQ
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