Port of Oakland in talks with CenterPoint to build logistics complex

The Northern California port and industrial and logistics real estate developer CenterPoint Properties have begun discussing plans to develop transload and cross-dock facilities on a 20 acre site adjacent to a new rail yard at the Port of Oakland.     The Port of Oakland has entered into exclusive talks with CenterPoint Properties about developing 20 acres of port property for transload and cross-dock facilities, according to a statement from the Northern California port.
    Port commissioners last night gave port and CenterPoint six months to reach agreement on the project which is part of 170 acres the port is developing on the former Oakland Army base, which closed in 1999.
    The property is adjacent to a 13-track railyard the port is building, which is nearing completion.
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Chris Dupin

Chris Dupin has written about trade and transportation and other business subjects for a variety of publications before joining American Shipper and Freightwaves.