The tilt-up and placement of the first wall panels in a 286,072-square-foot industrial complex in Manteca has put an ambitious logistics center a few steps closer to completion.
The Manteca Commerce Center, being developed by Dermody Properties, will have 50 dock doors, two grade-level doors, a 36-foot clearance height and parking for more than 150 cars.
Dermody is touting the space as being ideal for “ecommerce, warehouse/distribution and manufacturing.” Construction of the facility is expected to be complete in Q2 of 2018.
“We are excited to be expanding our investments in the Central Valley,” said Douglas Kiersey Jr., president of Dermody Properties. “The development of Manteca Commerce Center is consistent with our strategy of investing in key distribution markets with a high demand for industrial facilities and a well-established transportation infrastructure.”
The center sits in a location once occupied by Spreckel’s Sugar, next to Highways 99 and 120. Many such facilities that are becoming commonplace in the region cite the nearby highways, railways and Port of Stockton as reasons for locating here.
“Manteca Commerce Center is our second property in the Central Valley,” said George Condon, West Region Partner for Dermody. “Companies are continuing to move from the Bay Area to the Central Valley to expand their businesses and lease Class-A warehouse space at a significant discount to the cost of Bay Area warehouses.”
Condon went on to say that businesses new to the area are locating in the Central Valley to better serve residents of the Valley and Bay Area regions.