RICHMOND, CA—LDK Ventures acquired the 42-acre brownfield site at 2995 Atlas Rd. in 2014 and completed construction on the Bay Area Logistics Center in 2018. CenterPoint Properties recently purchased the 707,820-square-foot facility from LDK Ventures.
Amazon leased the entire class-A building back in May. The facility was the largest spec building in the Bay Area when it was constructed and this is the largest logistics transaction year to date, GlobeSt.com learns.
The Bay Area Logistics Center has a 32-foot clear-height, 151 dock-high doors and 157 trailer parking stalls. It has a bay depth of 475 feet and a truck court depth ranging from 130 to 180 feet. The logistics facility is adjacent to a UPS hub, near the Port of Oakland and just 2.4 miles to the Interstate 80 Richmond Parkway Interchange.
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Lisa Brown
Lisa Brown is an editor for the south and west regions of GlobeSt.com. She has 25-plus years of real estate experience, with a regional PR role at Grubb & Ellis and a national communications position at MMI. Brown also spent 10 years as executive director at NAIOP San Francisco Bay Area chapter, where she led the organization to achieving its first national award honors and recognition on Capitol Hill. She has written extensively on commercial real estate topics and edited numerous pieces on the subject.
