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With Natomas’ Industrial Vacancy Nil, Logistics Build is Timely
Class-A distribution and light industrial space within Sacramento’s Natomas/Northgate submarket has a scant .5 percent vacancy rate. This low rate has ratcheted up space needs in the area.
With this timing aligned, a joint venture of PCCP LLC and Panattoni Development Company Inc. are collaborating on the development of Natomas Advanced Logistics Center, a two-building industrial project totaling 185,973 square feet at Duckhorn Drive and Arena Boulevard. Project completion is anticipated for July 2022.
Building A features a 32-foot clear height and totals 122,401 square feet, and Building B features a 28-foot clear height and totals 63,572 square feet. The property will accommodate distribution and logistics, light industrial, and manufacturing uses for two to seven tenants.
“We see the Natomas Advanced Logistics Center as a great opportunity to develop a well-located I-5 adjacent industrial project at a time when the demand for modern logistics buildings is robust in the Sacramento region,” said Dorian Farhang, vice president with PCCP
The project is adjacent to the booming residential Natomas neighborhood north of downtown. The property is also north of the future Natomas Crossing Drive, a long-term city road project planned to connect eastside Interstate 5 to the Natomas residential neighborhoods.
- ◦Development
