• ITVI.USA
    14,959.950
    116.940
    0.8%
  • OTLT.USA
    2.933
    0.012
    0.4%
  • OTRI.USA
    19.350
    0.220
    1.2%
  • OTVI.USA
    14,926.910
    120.050
    0.8%
  • TSTOPVRPM.ATLPHL
    2.910
    -0.050
    -1.7%
  • TSTOPVRPM.CHIATL
    3.790
    0.080
    2.2%
  • TSTOPVRPM.DALLAX
    1.460
    0.170
    13.2%
  • TSTOPVRPM.LAXDAL
    3.740
    0.020
    0.5%
  • TSTOPVRPM.PHLCHI
    2.270
    0.030
    1.3%
  • TSTOPVRPM.LAXSEA
    4.150
    -0.010
    -0.2%
  • WAIT.USA
    131.000
    -2.000
    -1.5%
  • ITVI.USA
    14,959.950
    116.940
    0.8%
  • OTLT.USA
    2.933
    0.012
    0.4%
  • OTRI.USA
    19.350
    0.220
    1.2%
  • OTVI.USA
    14,926.910
    120.050
    0.8%
  • TSTOPVRPM.ATLPHL
    2.910
    -0.050
    -1.7%
  • TSTOPVRPM.CHIATL
    3.790
    0.080
    2.2%
  • TSTOPVRPM.DALLAX
    1.460
    0.170
    13.2%
  • TSTOPVRPM.LAXDAL
    3.740
    0.020
    0.5%
  • TSTOPVRPM.PHLCHI
    2.270
    0.030
    1.3%
  • TSTOPVRPM.LAXSEA
    4.150
    -0.010
    -0.2%
  • WAIT.USA
    131.000
    -2.000
    -1.5%
NewsWarehouse

New warehouse to ease demand in the North Bay

Interstate 80 warehouse ( Image: Ridgeline Property Group )

Construction workers have broken ground on a 378,405-square-foot warehouse located a mile from Interstate 80 in the San Francisco Bay area.

The Fairfield Interstate 80 Logistics Center features 36-foot clear height, 56’ x 60’ column spacing, 60’ speed bays, ESFR sprinkler system, 69 dock-high doors, 4 drive-in doors, 31 trailer parking spaces and 192 auto parking spaces.  

The building is being developed on a 19.6 acre site fronting on Highway 12, just 1 mile from Interstate 80, the east-west route connecting the Bay Area and Oakland to Sacramento and the Central Valley. 

“The supply of Class A logistics inventory in the San Francisco Bay Area is limited,” said Steve Arthur, a partner with the Ridgeline Property Group, the center’s Atlanta-based developer.

Arthur said the facility is well positioned to service the Bay Area and Northern California, “offering tenants an economically viable alternative for logistics, distribution and e-commerce operations, as well as for manufacturers.”

Leasing activity squeezed industrial vacancy rates in the North Bay down to 4.5% this quarter, according to a JLL market insights report. Deal velocity has slowed because of a lack of available space, the report said.

 Vacancy remains tight in key submarkets, such as Oakland where Class A warehouse vacancy is at 6.0 percent and Class B sits at 2.4 percent.  

 Arthur singled out Interstate 80’s clear height as one of several distinguishing features.

 “The cross-dock logistics facility will offer a 36’ clear height, which is rare in the 80 corridor, as well as 4,000 AMPs of service, ESFR fire protection, dedicated truck trailer parking and a flexible site plan.”

The project is slated for completion in summer 2019.

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