By Jennifer Logistics 0 Comments

Council clears the way for modern logistics center on Grant Line Road

Plans for a large industrial building on 86 acres along the south side of Grant Line Road were cleared by the Tracy City Council on Tuesday. The project applicant was Prologis, developer of much of the land in the 870-acre Northeast Industrial Area as well as the International Park of Commerce on the west side of town. No mention was made during the council’s discussion of the potential user of the building, which is referred to as “Project Big Bird.”

In order to clear the project for development the Tracy City Council needed to approve an amendment to the Northeast Industrial Area Specific Plan, allowing buildings in the area to be as high as 125 feet, more than twice the height now allowed under that plan, provided the building is at least 250 feet from any property line. The council approved that amendment on a unanimous vote. The council also unanimously approved the development review for the building, which will be between Skylark Way and Chrisman Road, with the developer building a realigned Paradise Road at the south side of the project.

The footprint of 823,522 square feet includes 55,808 square feet of office space on the north side of the building and 767,714 square feet of warehouse space on the ground floor. Four levels of 133,024-square-foot robotics-occupied sorting floors above the ground floor bring it to a height of 99 feet with 1,355,618 square feet of space. In addition, each of the upper floors has 532,466 square feet of robotic storage platforms, accounting for another 2.1 million square feet of storage space. The project also includes a parking lot for more than 1,800 cars and more than 230 trailers between the building and Grant Line Road. All 40 loading dock bays would be on the south side of the building.

Representatives of Prologis’ San Francisco office would not identify the potential user, citing client confidentiality. Plans included with the city staff report include a drawing that depicts signage for Amazon, and another shows an Amazon logo on the side of the building. A representative of Amazon would not confirm if Amazon is the user, noting that the company does not comment on its future plans. Amazon has three major centers in town, including its OAK4 fulfillment center, opened in 2013, just south of the new building. Two more, including one that opened this week, are located in the Prologis International Park of Commerce on the west side of town. Ali Harandi, investment officer with Prologis, described Project Big Bird to the city council, without naming the user, as the type of facility that defines modern logistics. “The building is impressive. It represents the future of logistics in fulfillment real estate,” Harandi told the council. “Upon completion in 2022 the building is going to be the flagship of our client’s portfolio. It will retain over 700 city of Tracy jobs, good-paying jobs, while adding an additional 300 manufacturing jobs for the neighboring facility that they occupy. These are higher-paying managerial logistics jobs with heavy engineering and robotics inside of the building. “Also, it will probably generate hundreds of construction jobs, and these aren’t really short-term construction jobs. Based on the sophistication of this build this is going to be a 14- to 18-month construction duration.”

During the public comment part of the hearing several representatives of labor groups endorsed the project and recommended approval, citing the local jobs that such a large construction project would bring to Tracy and San Joaquin County. The council’s discussion about the project focused in part on what the new height limit would mean for the city, with fire protection a primary concern. South San Joaquin County Fire Authority Chief Randall Bradley told the council that after meeting with city staff and representatives of Prologis he is supportive of the project. The challenge for the fire department is that at 99 feet, Project Big Bird is about 40 to 50 feet taller than neighboring buildings, such as Crate and Barrel and Amazon’s OAK4. “While we’re supportive of the project, I do want to go on record as saying that this building is a very tall building, and once you exceed 75 feet it really changes from a suburban fire protection model to an urban fire protection model,” Bradley said.

Council members also cited the local jobs in voicing their support. “I think this is an incredible project,” said Councilman Dan Arriola. “As a council we so often depend on our economic development team to bring in new jobs into the city. This is one of those few opportunities we have as a council to enact policy which itself creates jobs which are those middle class prevailing-wage jobs, and really enhances and builds up that middle class.” The only issue where the council had a split vote was on a resolution that identified a $4 million community benefit that Prologis would provide. The language of the resolution cited a multi-purpose gymnasium “or similar recreational amenity,” but council members Rhodesia Ransom and Nancy Young dissented, stating that they expected a commitment to having the gymnasium as that benefit.

https://www.ttownmedia.com/tracy_press/news/council-clears-the-way-for-modern-logistics-center-on-grant-line-road/article_1582a28c-2531-11eb-b101-d7581b3b963e.html

By Jennifer Economy • Logistics 0 Comments

How one Central Valley city became Northern California’s logistics hub

Amazon. Safeway. Costco. FedEx. Ford. The Home Depot. These are just a few of the names that have established major distribution centers in San Joaquin County over the past 30 years.

Federal job statistics confirm that San Joaquin County is a leading center for warehousing, logistics and distribution in the Western United States. According to the Bureau of Economic Analysis, the Stockton-Lodi metropolitan area has the second-highest concentration of transportation and logistics jobs in the country — bested only by Laredo, Texas.

So what’s attracting all of these transportation, distribution and logistics operations to the region? A 2019 study from University of the Pacific’s Center for Business and Policy Research attributes the growth of San Joaquin County’s goods movement system to four primary causes: the rise of e-commerce, the coalescence of a Northern California mega-region, the county’s connectedness through its transportation infrastructure and its strategic location, and a workforce ideally suited for transportation and logistics jobs.

Strategic location

San Joaquin County is strategically located at the heart of what economists are calling the Northern California mega-region. It’s a concept that was first coined by the Bay Area Council in 2016. Encapsulating 21 counties in Northern California, the zone is home to more than 12 million people, representing nearly a third of California’s total population. The counties are connected by commute patterns, movement of goods, housing markets, and mutually complementary economies that help meet the needs of businesses throughout the region.

Stockton, San Joaquin County’s largest city (2018 population: 311,178) and primary economic center, is located less than 100 miles from San Francisco, San Jose, Oakland and Sacramento — places where the cost of land makes it prohibitively expensive to house expansive, large-footprint structures like warehouses and fulfillment centers. The combination of Stockton’s lower density and its proximity to large population centers in the Bay Area and Sacramento are what make it attractive to logistics and fulfillment operations in the region.

The exodus by these warehouses and distribution centers out of the core Bay Area began back in the mid-1990s, which was around the same time property values in San Francisco and nearby counties began to rise precipitously, according to the Center for Business and Policy Research. That trend has only accelerated since then. The center’s report finds that concentration of transportation and warehousing jobs has grown nearly three-fold since 1993.

A connected city

Whether it’s by air, land or sea, goods pass through Stockton around-the-clock.

Located at the nexus of two out of three major north-south freeways in California — I-5 and SR-99 — Stockton is connected by a robust ground transportation system to the major population centers in the Central Valley, Southern California and, via I-580, the San Francisco Bay Area. Moreover, its location along I-5, the major north-south freeway in the Western United States, provides connection to cities across the continental U.S.

The Port of Stockton, utilizing the San Joaquin River deep water channel, carries tons of cargo each year between the Central Valley and the San Francisco Bay. Stockton Metropolitan Airport allows cargo carriers — including Amazon Air — to dispatch their goods to customers across the country.

All that is bolstered by top-tier rail service: The City of Stockton is served by two national Class I railway lines, and is home to two major intermodal rail-freight terminals, Burlington Northern Santa Fe and Union Pacific.

A motivated workforce

Known as a “city of makers,” Stockton is a top regional destination for artists, chefs, entrepreneurs, craftspersons and others working in the trades. San Joaquin Delta College, recently ranked the No. 4 best community college in the nation when measured along vectors related cost and quality, offers dozens of career and technical education (CTE) programs for career-minded individuals who know what industry they want to work in. Delta College also offers a CTE transition program for high school students grades nine through 12, offering a direct career pathway for jobs that are predicted to be in high demand, bypassing alternative paths that funnel students towards the increasingly saturated tech industry job market.

The culmination of these programs, together with Stockton’s relatively young population (the median age in Stockton is 32.8, compared to a national average of 38.2), creates a motivated, practical-minded, career-ready workforce ideal for filling blue-collar posts like those in the transportation and logistics industries. Additionally, with Stockton’s relatively low cost of living compared to coastal population centers in California, businesses will find a hardworking, relatively low-cost workforce in the Bay Area’s backyard.

By Jennifer E-Commerce • Economy • Logistics • Top Stories 0 Comments

Port of Stockton operations not crimped by COVID-19 pandemic

California’s largest inland seaport, the Port of Stockton, is open and operating normally, officials say, although some measures are in place to prevent the spread of the virus that causes the COVID-19 illness. “The Port of Stockton’s priority is to ensure the health and safety of all Port stakeholders; to date, the Port of Stockton’s ability to support our business partners has not been impacted by COVID-19,” says Port Director Richard Aschieris.

https://files.constantcontact.com/2cb20f61601/2f931797-fd73-4394-b999-f3037480f26c.pdf

By Jennifer Economy • Logistics • Manufacturing 0 Comments

Madera County named one of the fastest growing communities in the West

A recent study by the U.S. Department of Commerce Bureau of Economic analysis showed Madera County saw the fastest growth in the West in a medium-sized community with a 6.6% increase for its gross domestic product, which is the value of goods and services produced within the county. The study highlighted growth areas in agriculture and forestry, especially in the mountains where trees have died.

By Jennifer Commercial • E-Commerce • Economy • Hi-Tech • Logistics • Manufacturing 0 Comments

Business landscape looks bright for Shafter

The City of Shafter has been enjoying a reputation of being one of the fastest growing cities in business in recent years, attracting such companies as Target, Ross and several other big retailers. The most recent addition is Walmart, which is scheduled to open the most technologically advanced distribution center in the nation in Shafter in the fall of 2020. Bob Meadows, business development director for the city, says Shafter is a sought-after destination for businesses, large and small. “We have several irons in the fire. This year should see the city continue to build on this success and make 2020 a special one.” Financially, the city has been touted as one of the most financially sound cities in the state. Meadows said that since he joined the city last year, he has become aware of the great reputation the city has in Kern County, as well as in the state of California.

https://www.theshafterpress.com/story/2020/01/09/news/business-landscape-looks-bright-for-city/1204.html

By Jennifer Commercial • E-Commerce • Economy • Food Processing • Health/Medical • Logistics • Manufacturing 0 Comments

FRESNO COUNTY ECONOMIC FORECAST: INTERNATIONAL INTEREST COMES ROLLING IN

https://thebusinessjournal.com/fresno-county-economic-forecast-international-interest-comes-rolling-in/

By Jennifer Back Office • Commercial • Economy • Energy • Logistics 0 Comments

VALLEY’S FASTEST GROWING COMPANIES SHINE BRIGHT

With The Business Journal’s 2019 Fastest Growing Companies list (published Oct. 25) comes a variety of companies ranging from upstarts in their industries to recognizable, household names that continue to grow today. Three companies on the list — No. 5 Boling Air Media you might see at Fresno State games and at the newly revived Lemoore Naval Air Show; No. 2 Suncrest Bank has been in Tulare County since 2008, expanding beyond the Valley in recent years; and the No. 1 company, Solar Maintenance Pros dba Solar Negotiators — found success offering a variety of services in an emerging market.

https://thebusinessjournal.com/valleys-fastest-growing-companies-shine-bright/?utm_source=Daily+Update&utm_campaign=6cd41e0e0c-EMAIL_CAMPAIGN_2019_11_04_09_09&utm_medium=email&utm_term=0_fb834d017b-6cd41e0e0c-78934409&mc_cid=6cd41e0e0c&mc_eid=a126ded657

By Jennifer Commercial • Logistics • New Location 0 Comments

uBreakiFix Expands California Footprint With Central Valley Store

 

By: uBreakiFix

Industry-Leading Tech Repair Brand Brings High Quality Electronics Support to Fresno

FRESNO, Calif., Sept. 19, 2019

uBreakiFix services anything with a power button, including smartphones, game consoles, tablets, computers, drones, hoverboards, and everything in between. To date, uBreakiFix has completed more than 5 million repairs. While common fixes include cracked screens, software issues, and camera issues, the brand offers support for most technical problems on any electronic device, regardless of make or model.

Through strategic partnerships with leading technology companies, including Samsung and Google, uBreakiFix provides Samsung Galaxy customers and Google Pixel and Pixelbook customers with manufacturer-backed, same-day repair services using genuine parts. Through the partnership with Samsung, Galaxy owners can get in and out-of-warranty repairs at more than 350 locations nationwide, with most repairs completed in two hours or less.

uBreakiFix Fresno is the first location for owners Ryan McDaniel and Kali Mey. They have plans to another store in Clovis in the near future.

“I truly believe that uBreakiFix is the best tech repair company in the world, and we were thrilled to open the first location of this franchise in the central valley,” said McDaniel. “My business partner, Kali, and I were born and raised in this community. We feel so fortunate to give back by offering high-quality, affordable device repair to the people of Fresno.”

uBreakiFix was founded in 2009 by millennial duo Justin Wetherill and David Reiff, who later partnered with Eddie Trujillo to transition their Internet-based brand to a brick and mortar model. By offering convenience, accessibility, and unparalleled customer service, uBreakiFix filled a gap in the repair marketplace and has since emerged as an industry leader in growth, service offerings, and authorized partnerships. In 2018, Wetherill was inducted into the Forbes Technology Council, and uBreakiFix earned a top spot on Entrepreneur’s Franchise 500® list, ranking #18 overall, #1 in the Electronics Repair category, and #1 on the Top New Franchises list.

uBreakiFix has nearly 500 locations open across the U.S. and Canada. The brand opened nearly 130 new stores in 2018 and plans to increase growth in 2019. For more information on uBreakiFix franchising, visit http://ubreakifix.com/franchising.

“At uBreakiFix, our goal is to take the hassle of a broken device and create the most positive, convenient experience possible for our customers,” Wetherill said. “We are a customer service company first, and a tech repair company second. As we expand into Fresno, we look forward to becoming the trusted resource to keep consumers and businesses connected to the things and people who matter most.”

uBreakiFix Fresno is located at 7029 North Ingram Ave., Suite 101 Fresno, CA 93650 and can be reached at: 559-930-8243. For more information and to view a service menu, visit https://ubreakifix.com/locations/fresno.

About uBreakiFix

Founded in 2009, uBreakiFix specializes in the repair of small electronics, ranging from smartphones, game consoles, tablets, computers, and everything in between. Cracked screens, software issues, camera issues, and most other problems can be repaired by visiting uBreakiFix stores across the U.S. and Canada. Since 2016, uBreakiFix has served as the exclusive walk-in repair partner for Google Pixel customers. In 2017, uBreakiFix expanded the partnership to include exclusive after sales support for Google Pixelbook customers. In 2018, uBreakiFix became a Samsung Care authorized service provider offering same-day, in-person support for Samsung Galaxy customers across the U.S. In 2018, uBreakiFix also ranked #18 on Entrepreneur’s Franchise 500®, #1 in the Electronics Repair category, and #1 on the Top New Franchises list. For more information, visit https://www.ubreakifix.com.

By Jennifer Economy • Food Processing • Logistics 0 Comments

DiMuto Breaks Into US Market Through Deal With Central Valley Citrus Packer Fancher Creek Packing

 

 

DiMuto Produce September 23, 2019

Singapore – DiMuto, a tech-based trade solutions platform that provides end-to-end supply chain visibility for global businesses, has expanded its footprint into the USA by closing a deal with major citrus packer Fancher Creek Packing (“Fancher Creek”). Using DiMuto’s Track & Trace blockchain solution, Fancher Creek will tag citrus fruits, including oranges, lemons and grapefruits, from the US to various parts of Asia.

Located in Visalia, within the agricultural San Joaquin Valley, Fancher Creek’s packing facility is strategically situated in the heart of California’s Central Valley, which grows over 250 different crops, with an estimated value of US$17 billion, annually. Central Valley is also responsible for a quarter of the food production in the US. Fancher Creek works with growers, packers and shippers to provide citrus produce to the rest of the US, as well as overseas markets, such as Japan and Korea. Additionally, DiMuto will aid Fancher Creek in expanding its distribution channels by penetrating Southeast Asian markets in DiMuto’s trade network, including Indonesia, Malaysia and Singapore.

As part of its trade solutions, DiMuto’s Track & Trace blockchain technology is a low-cost, effective solution that seamlessly integrates with supply chain workflows and existing systems to create traceability and accountability for each fruit, from farms, factories, cold chain to distribution channels and end consumers. Every single fruit is tagged with a QR label, photographed and tracked at each stage of the supply chain to provide end-to-end, 24/7 visibility from farm to fork. Data is encrypted and loaded onto the distributed digital ledger, enabling verified documents and data to be shared on a single platform, reducing trade disputes over quality and strengthening trust amongst all parties.

Mr Gary Loh, DiMuto’s Founder and Chairman, said, “We are tremendously excited to be working with Fancher Creek to break into the US market and establish a presence in California’s Central Valley. The adoption of our technology by more players across the global produce industry underscores the scalability of our all-in-one trade management platform. It is platform-agnostic and interoperable among the different blockchain systems currently used by the big international retailers, and we envisage a faster rate of market adoption for our trade solution as retailers are increasingly requesting for suppliers to go on the blockchain to complete end-to-end traceability. As such, DiMuto ensures that we meet the needs of our global clients by adhering to internationally-accepted and business-led standards.”

DiMuto was most recently inducted into the GS1 Singapore Solution Partner Program (“SPP”) to offer blockchained trade management solutions for member companies of the not-for-profit Global Standards 1 (“GS1”) based in Belgium. As part of the SPP, DiMuto’s solutions can be easily adopted by GS1 supply chain players all over the world for their trade management needs

https://www.perishablenews.com/produce/dimuto-breaks-into-us-market-through-deal-with-central-valley-citrus-packer-fancher-creek-packing/

By Jennifer E-Commerce • Logistics 0 Comments

Central Valley Continues to Charm Logistics Buyers

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STOCKTON, CA—Newport Beach, CA-based CT purchased the 345-acre industrial site for the 4.4 million-square-foot NorCal Logistics Center in May 2017 and has now completed the first phase development, including three spec buildings. The last to be completed is a 1.12 million-square-foot building, one of the single-largest speculative industrial buildings in Northern California. The second phase of development will begin toward the end of 2018 and include three additional buildings totaling approximately 1.6 million square feet.

The first two buildings in phase one totaling 575,127 square feet have been sold to Prologis for $47 million. Prologis paid approximately $82 per square foot for the buildings, which were unleased and in shell condition at closing.

“These transactions reflect the high demand for world-class logistics facilities in major distribution markets nationwide,” said Carter Ewing, managing partner of CT. “The speed with which these buildings transacted following completion mirrors the strong interest we are experiencing in several other projects we currently have underway. In this case, the transaction allows Prologis to enjoy a fair profit on their investment going forward while providing CT with a sizeable return and well ahead of schedule; a true win-win.”

Prologis’ interest in the Central Valley is well known. As of the end of 2017, it has taken ownership of 31 buildings, approximately 15 million square feet, and is projected to continue producing oversized returns.

CT was represented in the sale by Kevin Dal Porto, Blake Rasmussen and John McManus of Cushman & Wakefield. Prologis was self represented.

NorCal Logistics Center is home to General Mills, KeHE Foods, Allen Distributors and Fox Head, and is in the heart of California’s Central Valley, a 185 million-square-foot industrial market. The region is an extension of a global logistics supply chain infrastructure directly linked to West Coast ports in Oakland/Stockton, Los Angeles/Long Beach, Portland, OR and Seattle/Tacoma.

Since its establishment in 1994, CT has completed more than 300 transactions valued at more than $3 billion. CT has acquired more than 2,000 acres of industrial land since 2010, and the company is primarily focused on the investment of class-A US industrial logistics developments. CT has active developments in Southern California, New Jersey and other East Coast markets. CT has more than 10 million square feet under development and another 10 million square feet in its development pipeline.

For example, CT is in development on logistics centers near Chicago, Atlanta and in the Dallas/Fort Worth metroplex, where the company last month announced the development of Oakdale Logistics Center in Grand Prairie, TX. The company plans to announce three new development projects in the next few months, further extending its nationwide logistics footprint.

Nationwide, industrial vacancy stands at 7.3%, the lowest since first quarter 2001, according to the first quarter 2018 CBRE US industrial availability index. The first quarter 2018 construction totaled 35 million square feet with absorption at 41 million square feet. This is the 32nd straight quarter of positive absorption. The drivers of supply chain demand–consumer consumption, business inventories, industrial production–all showed growth in first quarter 2018. Consumer consumption is directly linked to demand for warehouse and logistics real estate, which is fueling investment and development activity. PREA’s fourth quarter 2017 consensus forecast survey projects a 7.1% return for logistics real estate from 2017 to 2021; more than apartments, retail or office, GlobeSt.com learns.

Originally appeared in GlobeSt

https://www.cbicommercial.com/blog/2018/7/6/central-valley-continues-to-charm-logistics-buyers