CenterPoint Signs 10-Year Lease in Manteca
Posted By Staff Writers On June 21, 2018 @ 2:45 pm
OAK BROOK, IL – CenterPoint is pleased to announce a 10-year lease with an investment-grade, national transportation services company at 2226 Roth Road in the CenterPoint Intermodal Center – Manteca. This tenant will lease 100 percent of the initial 551,475 SF speculative building. Additionally, the facility will undergo a 278,700 SF expansion for warehouse and parking.
“We are thrilled to help this company advance their supply chain and are excited to bring another tenant to our industrial park and the City of Manteca,” said William Lu, Senior Vice President of Development at CenterPoint. “This long-term lease is with one of the strongest operators in the United States, and we are excited to have them as a long-term tenant in CIC-Manteca.”
The 39.23-acre site is adjacent to the Union Pacific Intermodal and is located within two miles of I-5 and California State Route 99. The building is 10 miles from the Port of Stockton and 65 miles from the Port of Oakland. Facility features include 36’ clear height, 100 exterior docks, 277 car parking positions and 310 trailer parking positions. The facility will also be LEED Certified and designed to be solar ready.
About CenterPoint Properties
CenterPoint Properties is focused on the development, acquisition and management of industrial property and transportation infrastructure that enhances business and government supply chain efficiency. The Company invests in major coastal and inland port logistics markets anchoring North America’s principal freight lanes. CenterPoint‘s portfolio includes 58.9 Million SF and 2,386 acres under development in the Company’s integrated intermodal industrial parks. For more information on CenterPoint Properties, visit centerpoint.com or follow @centerpointprop on Twitter.