This Class-A industrial complex will feature two LEED-certified buildings totaling 326,448 square feet. The project will be developed on a speculative basis, with vertical construction slated to begin later this year and delivery expected in the third quarter of 2025.
Wayne Ramoski and Ivanna Leitner Perez of Cushman & Wakefield represented GTS in the lease negotiations. George Pino, president of State Street Realty represented Prologis, the landlord.
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SJC Ventures, in partnership with Nuveen Real Estate, plans to break ground in fall 2024 on the new development that will comprise an 88,938-square-foot mixed-use center, featuring retail stores, restaurants and service-driven businesses.
Here are the most popular news headlines this past week on CRE-sources.
Here are the most popular news headlines this past week on CRE-sources.
The industrial building, fully leased to Aramark, a Fortune 500 company with over 18 billion dollars in annual revenues, was purchased for $135 per square foot and has a new five year lease.
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The property sold for $1,575,000.
Here are the most popular news headlines this past week on CRE-sources.