Goodman Leases First Building of Santa Fe Logistics Campus
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Two additional facilities, scheduled for completion in the fourth quarter of 2017, will provide space ranging from 165,000 to 910,098 square feet.
By IvyLee Rosario
Goodman Group has pre-leased 295,267 square feet of infill logistics space to an e-commerce customer at Goodman Logistics Center in Santa Fe Springs, Calif. The company secured a seven-year lease from an online supplier of automotive parts on the first of three logistics facilities currently under construction at the center. The customer is scheduled to take occupancy in the summer of 2017.
Two additional logistics facilities are currently available for lease and provide space ranging from 165,000 to 910,098 square feet. These facilities will be completed in the fourth quarter 2017. Over the last 18 months, Goodman has completed 3.3 million square feet of Class A development product in these key logistics markets, with a further 2.6 million square feet currently under construction.
Goodman’s partnership with the city of Santa Fe Springs continues to grow with the recent acquisition of a six-building logistics campus, totaling 1 million square feet over 75 acres. The 53-acre campus is located less than 2 miles from the I-5 and I-605. It is also 22 miles from the Port of Los Angeles Long Beach and 15 miles from downtown Los Angeles.
“As online purchasing volumes increase, our customers want and need to be closer to their own customers and are focusing on last mile delivery,” said Anthony Rozic, CEO of Goodman North America, in prepared remarks. “The Goodman Logistics Center in Santa Fe Springs is a high quality, Class A property, ideally suited to e-commerce providers and general logistics companies due to its location in the gateway city of Los Angeles – home to a growing population of 18 million people.”
Image courtesy of Goodman Group