Palomino Labs Storage Area Temporary Lease

The Port of Stockton is proposing a temporary month-to-month lease to Palomino Labs for six months, granting occupancy of 3,000 square feet in Warehouse 618, Suite C, exclusively for the storage of optical devices. The lease is designed as a short-term arrangement with no fixed term beyond the initial six-month period, allowing flexibility for both parties while ensuring the space is utilized for its intended purpose. The property is located in Stockton, California, with a ZIP code of 95203, and the lease is subject to the Port’s standard operational and safety protocols for warehouse use. Jason Cashman, the Port Director of Environmental Affairs, serves as the primary point of contact for the Port, and Jeffrey B. Shealy, Co-Founder, Chairman, and CEO of Palomino Labs, is the corresponding point of contact for the tenant. The lease is forecasted to be initiated following a posting on July 24, 2026, and no solicitation number or set-aside designation has been assigned, indicating this is a direct, non-competitive arrangement. The agreement is strictly limited to storage activities and does not permit manufacturing, research, or other uses beyond the specified purpose. All terms are provisional and contingent on compliance with Port regulations and space availability on a month-to-month basis throughout the lease term.