The co-development team of Conor Commercial Real Estate and Dayton Street Partners, along with their partner, an affiliate of Heitman LLC (Heitman), a global real estate investment management firm, have announced the development of Central Industrial Center. Located in Stockton, California, the new Class A industrial development will incorporate three speculative buildings totaling 1,090,160 square feet. Conor acquired the 56-acre site from Ingredion in April 2021. Jason Schulz and Rich Schulz of the J. Rich Company represented Ingredion in the sale.
“We’re very excited to get started on this project,” shared Sven Tustin, Executive Vice President at Conor. “We selected a site and design for Central Industrial Center that we knew would provide a number of logistical advantages for users. In addition to building configurations designed to meet the needs of a variety of users, the site provides access to multiple modes of transportation.”
The sizable development will incorporate three buildings of varying sizes. Building 3, the largest of the buildings, will incorporate 833,280 square feet in a cross-dock configuration with a 40′ clear height, 50′ x 60′ column spacing, 141 dock doors, four drive-in doors, 310 parking spaces and 198 trailer stalls. Building 2 is a 121,680-square-foot front load facility with a 32′ clear height, 50′ x 52′ column spacing, 25 dock doors, two drive-in doors, 76 parking spaces and 26 trailer stalls. Building 1 is a 135,200-square-foot front load facility that will offer a 32′ clear height, 50′ x 52′ column spacing, 28 dock doors, two drive-in doors, 76 parking spaces and 24 trailer stalls. All three buildings will provide skylights, ESFR sprinklers, high-capacity natural gas and electrical infrastructure, 60′ speed bays and office space to suit. Each building has been designed to accommodate a multi-tenant configuration as small as 60,000 square feet.
Positioned on a 56-acre infill site in the city of Stockton, Central Industrial Center will offer close proximity to Interstate 5 and Highway 99. Additionally, it is located immediately north of Stockton Metropolitan Airport, a major cargo hub for several shipping companies, and adjacent to both Union Pacific and BNSF rail yards with track stubbed to the property.
The design-build team of McShane Construction Company and Ware Malcomb are providing comprehensive construction and architectural services for Central Industrial Center. An August 2022 completion is expected.