Tire distribution facility to open in Fresno

By Central Valley Business Times

May15, 2018

  • It’s the 8th for SoCal-based Tire’s Warehouse •

“The location will increase our delivery and will-call efficiencies throughout Central California” Corona-based Tire’s Warehouse Inc. says it is opening its eighth distribution facility in Fresno.

The 122,000 square foot facility, to open in July, will bridge the gap between TWI’s Southern and Northern California branches. It will be the 8th warehouse for TWI, three of which have opened within the last three years, and brings their total distribution center square footage to over 700,000.

The new Fresno distribution center will service the Central Valley – TWI’s largest geographical service region to date.

“The new facility in Fresno will build upon the customer focused service Tire’s Warehouse has established for nearly 50 years,” says Dan King, TWI president.

“The location will increase our delivery and will-call efficiencies throughout Central California, providing our customers improved access to our portfolio of brands and the support they need to be successful.“

http://files.constantcontact.com/2cb20f61601/59d3f7c7-0350-482d-a540-ba62c2432bcc.pdf

If you’re 18 and a high school grad, that’s a starting point for Amazon’s Fresno jobs

By Tim Sheehan

May 09, 2018 

Special job training program is about to ‘take off’ at Reedley College

By Reuben Contreras

Reedley College is creating a runway for those who want to get their pilot’s license and work in the airline industry.

This fall the community college will have a new Flight Science Program that will allow students to get behind the controls of an airplane within two years.

“The first job you get, you get a flight instructor for a year or two and get flying experience so that you can legally be a co-pilot at an airline, that takes about two years,” said Flight Science Program Coordinator John Johnson.

He says most programs at other public and private schools take up to four years, and cost of tuition is double the $65,000 charged at Reedley College. Plus, this program is the only in the state that allows students to pay with federal financial aid or VA benefits.

“That’s what makes our program so great is that people who don’t have a lot of money laying around can enter the program and get through it,” said Johnson.

Friday the community college hosted an open house for its Flight Science Center with students visiting from local elementary, middle and high schools.

“They showed me examples of jet engines and propeller engines, and then they had us use the simulators,” said Kingsburg High School Student David Reimer. “So actually we got to fly a simulator plane.”

That flight simulator shows students how to fly a plane on a computer with three screens. Students can get a virtual feel for flying around Reedley Airport or Fresno Yosemite International Airport.

Reedley College also plans to use electric planes for training, once they get approval from the F.A.A. The aircraft are funded by Measure C and are part of sustainable aviation project of the San Joaquin Valley Clean Transportation Center.

“When that happens I think that’s going to be awesome,” said Johnson. “Electric planes are the wave of the future, just like we are seeing with automobiles.”

Enrollment is now open for classes that begin in August.

http://abc30.com/education/job-training-about-to-take-off-at-reedley-college/3462291/

Amazon’s not the only warehouse hiring in Fresno. Ulta Beauty looking for workers, too

GAP SECURES $4.25M STATE TAX CREDIT FOR FRESNO EXPANSION

Published On April 12, 2018 – 2:12 PM
Written By Gabriel Dillard

The Gap, Inc. has been awarded a $4.25 million tax credit to support its expansion plans at its Fresno campus, where an e-commerce fulfillment center has been planned.

A committee of the Governor’s Office of Business and Economic Development, or GO-Biz, today approved a total of $76 million in tax credits for 63 companies as part of the California Competes program to help businesses create new jobs in the Golden State.

San Francisco-based Gap was awarded a tax credit for the expansion of its San Francisco headquarters as well as a new e-commerce fulfillment center planned near Fresno Yosemite International Airport. The retailer plans to invest $100 million in the expansion, according to its tax credit agreement, which would create an additional 698 jobs. According to the GO-Biz agreement, at least 75 percent of the net increase in full-time employees will work at least 75 percent of the time in Fresno.

The Gap indicates it will add 162 new full-time positions in the 2018 tax year, 502 for 2019 ramping up to 698 by 2021.

Panorea Avdis, GO-Biz director and chair of the California Competes Tax Credit Committee, said in a statement: “In the last four years, hundreds of companies have made commitments to expand in the state and GO-Biz will continue to host informational workshops and work with our regional and local partners to ensure companies of all sizes know about and apply for these tax credits.”

The City of Fresno announced last month that The Gap would relocate its e-commerce operation to Fresno, bringing at least 515 new full-time employees. Full operation will ramp up over a three-year period.

The agreement is made possible through a 30-year economic incentive agreement that will provide performance-based incentives based on the creation of at least 500 new net jobs, and possibly hundreds more for part-time and seasonal needs.

The agreement will also ensure continued sustainability for the 351 employees currently working at the Fresno Gap distribution center, which opened in 1999.

https://thebusinessjournal.com/gap-secures-4-25m-state-tax-credit-fresno-expansion/

Construction milestone reached at Manteca Commerce Center

 

Central Valley Business Times

April 13, 2018

  • Dermody Properties puts in first wall panels for industrial building
  • “We are excited to be expanding our investments in the Central Valley”

The tilt-up and placement of the first wall panels for a 286,072- square-foot building that could be used as a distribution center has been completed by Dermody Properties in the Manteca Commerce Center, the Reno, Nevada-based company says. Dermody builds and manages logistics real estate.

The new building will feature a total of 50 dock doors, two grade-level doors, a 36-foot clear height and 156 car parking spaces. Construction is expected to be complete in the second quarter.

“We are excited to be expanding our investments in the Central Valley,” says 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.”

Manteca Commerce Center is located directly off of Highway 120, about 15 minutes south from the Port of Stockton, with access to Highway 99 and Interstate 5. The developer says the location provides “an ideal” West Cost distribution link to Fresno, Reno, Los Angeles and Las Vegas.

“Manteca Commerce Center is our second property in the Central Valley,” says George Condon, West region partner, Dermody Properties. “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. Companies new to Northern California are also setting up shop in the Central Valley to serve the businesses and residents of the Bay Area.”

JLL is marketing the property. The project was designed by HP, Inc., and BCM Construction is the general contractor.

http://files.constantcontact.com/2cb20f61601/12d85a0b-161b-4ef2-85f1-4802f7ddbfea.pdf

Ex-Fed Ex building sold for $10.45M in Stockton

By BusinessJournal

 

The property at 4730 FIte Court in Stockton, a one-time Fed Ex ground facility, has sold for $10.45 million to Dermody Properties.

An industrial building which once house a Fed Ex ground facility in Stockton has sold for $10.45 million.

Dermody Properties, a company owning distribution, e-commerce and manufacturing sites throughout the U.S., purchased the location at 4730 Fite Court, which is 143,888 square feet off Arch Road, east of Highway 99 in Stockton.

“Dermody Properties has made significant strides at growing their footprint in the Central Valley and proved to be the best buyer to bring in, figure out this somewhat complicated transaction given the existing tenant, underlying sublease and other property related matters, and close on this well-located, quality asset,” said Jim Martin, SIOR, of Lee & Associates Stockton, who represented Dermody Properties in the transaction.

“This is further testament to how our Lee offices are able to execute assignments and work in partnership to provide excellent service to our customers,” Martin went on to say.

The seller was Stockton MAG, LLC., who was represented by Martin and Craig Hagglund, SIOR, of  Lee & Associates Oakland.

https://cvbj.biz/2018/04/05/ex-fed-ex-building-sold-for-10-45m-in-stockton/

Gap bringing fulfillment center to Fresno, expected to add more than 500 jobs

Dollar General to Expand Distribution Operations at Tejon Ranch Commerce Center (TRCC)

Dollar General leases additional space in new industrial building developed by Tejon Ranch Co. and Majestic Realty Co.

TEJON RANCH, Calif.

The partnership of Tejon Ranch Co. (NYSE: TRC) and Majestic Realty Co. today announced major discount retailer Dollar General (NYSE: DG) is leasing more than 240,000 square feet of warehouse space in a new building the partnership developed at the Tejon Ranch Commerce Center (TRCC). Dollar General will use the new facility to support its operations in California.

Dollar General currently operates out of a separate building at TRCC, and with the expansion, will be increasing its footprint by nearly 40 percent.

“We are happy for Dollar General’s success in California and are pleased the Tejon Ranch Commerce Center is able to meet the company’s need for additional distribution space,” said Joseph N. Rentfro, executive vice president of real estate at Tejon Ranch Co. “Dollar General’s decision to expand here underscores Tejon Ranch’s value as proven and opportune place for companies wanting to locate and/or expand in California.”

“Majestic Realty is proud to welcome Dollar General as the inaugural tenant of the first building developed in partnership with Tejon Ranch Co.,” said Brett Tremaine, senior vice president at Majestic Realty Co. “This is just the beginning, as we believe the Tejon Ranch Commerce Center’s strategic location and outstanding labor pool will prove to be advantageous for many more companies in the future.”

Dollar General has used the Tejon Ranch Commerce Center as the hub of its California distribution operations for the last six years. With its expansion into the new Tejon Ranch-Majestic Realty developed facility, it will now occupy a total of more than 850,000 square feet of space within TRCC.

“It makes perfect sense for Dollar General to expand its operations at Tejon Ranch,” says John DeGrinis, SIOR, Senior Executive Vice President of Colliers International, who represents TRCC. “Its central location directly on Interstate 5 allows them to serve stores in both northern and southern California; the large pool of employees with a great work ethic has led to a stable workforce with a low turnover rate; and the fact that total operating costs are among the lowest in the state, all add up to some pretty compelling reasons why TRCC represented a great opportunity for Dollar General,” he added.

The Tejon Ranch Commerce Center is Tejon Ranch Co.’s 1,450-acre master planned commercial/industrial development located at the junction of Interstate 5 and Highway 99, about an hour north of the Los Angeles basin. The Commerce Center is also home to major distribution centers for IKEA, Famous Footwear and Caterpillar Inc. (NYSE: CAT).

An additional 240,000 square feet of space is available in the new building to be occupied by Dollar General. The building is a Class A cross dock industrial building featuring a 36-foot clear height, seven-inch floor slab and an ESFR sprinkler system. Overall, the Tejon Ranch Commerce Center has nearly 16 million square feet of entitled space available for sale, lease or build-to-suit, with sites ranging from 20,000 square feet to more than 2,000,000. All of the industrial sites at TRCC are included in Foreign Trade Zone #276, and additionally, companies locating there are eligible to apply for tax rebate incentives being offered by Kern County.

About Tejon Ranch Company (NYSE: TRC)

Tejon Ranch Company is a diversified real estate development and agribusiness company, whose principal asset is its 270,000-acre land holding located approximately 60 miles north of Los Angeles and 30 miles south of Bakersfield. For more information on the company, please go to www.tejonranch.com. For more information on the Tejon Ranch Commerce Center, please go to www.tejoncommerce.com.

About Majestic Realty Co.

Celebrating its 70th Anniversary in 2018, Majestic Realty Co. is the largest, privately-held developer and owner of master-planned business parks in the United States. With more than 78-million-square-feet in its portfolio, Majestic provides real estate solutions for tenants large and small, creating jobs, tax revenue and community benefits across the country. Headquartered in Southern California, Majestic has regional offices in Atlanta, Bethlehem, Penn., Dallas, Denver, Fort Worth and Laredo, Texas, Las Vegas and Phoenix, Ariz.

https://www.bizjournals.com/losangeles/businesswire/press_releases/California/2018/03/26/20180326005180

BNSF Plans expansion of its Stockton operations

 

  • Part of its $230 Million capital program in California
  • ““California is a critical part of BNSF’s rail network”

BNSF Railway Company says it will extend the existing north lead track at its Stockton Intermodal Facility to improve switching capability. It’s one of the major projects the company has planned for 2018 in California.

It says Tuesday that it expects to spend about $230 million on the various California projects.

This year’s plan in California includes several capacity expansion projects in addition to scheduled maintenance projects.

BNSF operates a 2,000-mile network in California and says it has spent approximately $1 billion to expand and maintain its network in the state over the past five years. In 2018, additional production track and new lift equipment also will be installed at the Los Angeles Intermodal Facility.

On the Needles subdivision, BNSF will begin the multi-year construction of a third main track between West Needles and Ibis. Capacity through the city of Needles will also be expanded by adding approximately four miles of quadruple main track to the existing triple track. The 2018 maintenance program in California includes more than 570 miles of track surfacing and/ or undercutting work as well as the replacement of approximately 40 miles of rail and close to 100,000 ties.

“California is a critical part of BNSF’s rail network, providing access from West Coast ports to major markets in the U.S. By committing to ongoing maintenance projects and enhancements in the state, we are showing our dedication to Californians to run a safe, reliable and efficient railroad,” says Donnie Stilwell,  general manager of operations, California Division.

The 2018 planned capital investments in the state are part of BNSF’s $3.3 billion network-wide capital expenditure program announced last month.

http://files.constantcontact.com/2cb20f61601/8d2d7a9d-fce9-48d7-a00b-bf5632f7cc90.pdf