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Macy’s Leases Central Valley Logistics Facility
Cushman & Wakefield represented Macy’s in the lease of a brand new approximately 272,000-square-foot logistics/distribution facility in Lathrop. The retailer signed a long-term lease for its new space at 3400 W Yosemite at the Phelan Lathrop Gateway industrial park. The property is owned by Phelan Development.
Cushman & Wakefield’s Jay Hagglund and Tyson Vallenari joined forces to represent Macy’s.
“Macy’s new California Central Valley location provides the company with a state-of-the-art facility offering many benefits, including continued nearby accessibility to the customer base in the Bay Area Region, Northern California and Central Valley,” said Vallenari.
He continued, “It is also in close proximity to both the UP and BNSF Intermodal Facilities, multiple regional international airports as well as multiple Ports located in the area. And with immediate access to Interstate 5 and Highway 99, the property is also conveniently accessible to Los Angeles and the San Pedro Bay Port Complex, along with other major markets throughout the West Region.”
- ◦Lease
