Done Deals: Seefried Industrial Properties and Clarion Partners to Develop Three-Building Spec Industrial Project in East Tracy, CA (San Joaquin County)

Friday, January 17, 2020

Seefried Industrial Properties and Clarion Partners to Develop Three-Building Spec Industrial Project in East Tracy, CA (San Joaquin County)

Jason Quintel

ATLANTA, GA -- Seefried Industrial Properties, as development partner for Clarion Partners, LLC have recently purchased a 76-acre land site that paves the way for a new multi-warehouse spec development situated within the Northeast Area Specific Plan in Tracy, CA.

Located at the northeast corner of Grant Line Road and Chrisman Road, New Project will total 1,130,000 square feet of office and warehouse space in three buildings consisting of 260,000 square feet, 517,000 square feet and 353,000 square feet, respectively.

Together, the project will offer tenants the opportunity to occupy space ranging from 18,000 to 1,130,000 square feet.

Buildings will feature tilt-up construction, have clear heights ranging from 32 to 36 feet, 185’ truck courts, 339 trailer spaces combined, an ESFR sprinkler system and ample parking.

Mike Goldstein

“Finding quality development property in the Central Valley has become more and more difficult over the years," said Jason Quintel, Senior Vice President of Seefried Industrial Properties.

"Finding a site this well located was very exciting. We would not have gotten to this point if it had not been for the combined efforts of our consultants, the land seller, and the City of Tracy.

"We now look forward to bringing this quality project out of the ground and hope we can help fill the tenant demand that continues to grow in Tracy,” said

Construction is set to begin this June and anticipated for completion the following June of 2021.

HPA has been engaged as architect; K&W is the civil engineer.

The Colliers International team, led by Mike Goldstein and John Steinbuch, will lead the leasing/marketing efforts for the new project.

John Steinbuch

About Seefried Properties:

Seefried Properties was founded in 1984 by Ferdinand Seefried and is still 100 percent privately owned today. The firm focuses on industrial development in core markets and build-to-suits with corporate tenants and users in first and second-tier markets.

Seefried's development, construction, leasing, property management and accounting teams firmly believe that client relationships are solidly built on trust and further developed by each individual experience.

Seefried is based in Atlanta, with regional offices in Los Angeles, Dallas/Fort Worth, Chicago and Phoenix. Seefried Properties has built over $6 billion in development volume in 25+ markets across the U.S.