- Friday, January 17, 2020
- Tracy, CA
Seefried Industrial Properties, Clarion Partners to Develop Three-Building Spec Project in East Tracy, CA (San Joaquin County)
Seefried Industrial Properties, as development partner for Clarion Partners, LLC have recently purchased a 76-acre land site that paves the way for a new multi-warehouse speculative development situated within the Northeast Area Specific Plan in Tracy, CA.
Located at the northeast corner of Grant Line Road and Chrisman Road, New Project will total 1,130,000 square feet of office and warehouse space in three buildings consisting of 260,000 square feet, 517,000 square feet and 353,000 square feet, respectively. Together, the project will offer tenants the opportunity to occupy space ranging from 18,000 to 1,130,000 square feet.
Buildings will feature tilt-up construction, have clear heights ranging from 32 to 36 feet, 185' truck courts, 339 trailer spaces combined, an ESFR sprinkler system and ample parking.
"Finding quality development property in the Central Valley has become more and more difficult over the years. Finding a site this well located was very exciting. We would not have gotten to this point if it had not been for the combined efforts of our consultants, the land seller, and the City of Tracy. We now look forward to bringing this quality project out of the ground and hope we can help fill the tenant demand that continues to grow in Tracy," said Jason Quintel, Senior Vice President of Seefried Industrial Properties.
Construction is set to begin this June and anticipated for completion the following June of 2021.
HPA has been engaged as architect; K&W is the civil engineer.
The Colliers International team, led by Mike Goldstein and John Steinbuch, will lead the leasing/marketing efforts for the new project.
For more information, please contact:
Mr. Jason Quintel
Senior Vice President - Western Region
Ms. Barbara Bennett
About Seefried Industrial Properties: Seefried Industrial Properties is a privately held industrial real estate developer, founded in 1984 by Ferdinand Seefried. With expertise in land acquisition, financing, project management, construction management, leasing, and property management - the Seefried team sets the standard for development excellence. The company's real estate portfolio contains state-of-the-art bulk warehouses, modern distribution centers, master-planned business parks and other facilities vital to supply-chain management operations. As an industry leader, Seefried has developed over 180 million square feet of space valued in excess of $10 billion across 25+ markets in the U.S. Seefried is based in Atlanta, with regional offices in Chicago, Dallas, Phoenix and Los Angeles. For more information, visit www.seefriedproperties.com