{"id":1004156732,"date":"2016-10-25T00:09:16","date_gmt":"2016-10-25T08:09:16","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004156732"},"modified":"2020-04-28T02:08:13","modified_gmt":"2020-04-28T10:08:13","slug":"dmsi-signs-350-ksf-industrial-lease-in-california","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/dmsi-signs-350-ksf-industrial-lease-in-california\/","title":{"rendered":"DMSI Signs 350 KSF Industrial Lease in California"},"content":{"rendered":"<p>By Keith Loria, Contributing Editor<\/p>\n<div id=\"attachment_1004156736\" style=\"width: 280px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/10\/Mac-Hewett.jpg\" target=\"_blank\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004156736\" data-attachment-id=\"1004156736\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/dmsi-signs-350-ksf-industrial-lease-in-california\/mac-hewett\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/10\/Mac-Hewett.jpg\" data-orig-size=\"711,789\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;9&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;NIKON D3S&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;1472466205&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;85&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0.00625&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;1&quot;}\" data-image-title=\"Mac Hewett\" data-image-description=\"\" data-image-caption=\"\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/10\/Mac-Hewett.jpg?w=711\" class=\"wp-image-1004156736 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/10\/Mac-Hewett.jpg\" alt=\"Mac Hewett\" width=\"270\" height=\"300\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/10\/Mac-Hewett.jpg 711w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/10\/Mac-Hewett.jpg?resize=270,300 270w\" sizes=\"auto, (max-width: 270px) 100vw, 270px\" \/><\/a><p id=\"caption-attachment-1004156736\" class=\"wp-caption-text\">Mac Hewett<\/p><\/div>\n<p><strong>Shafter, Calif.<\/strong>\u2014<a href=\"https:\/\/www.dmsi3pl.net\/\" target=\"_blank\" rel=\"nofollow\">Distribution and Marking Services Inc.<\/a> has signed a 350,000-square-foot industrial lease at Wonderful Industrial Park, a 1,625-acre, rail-served industrial development in Shafter, Calif.<\/p>\n<p><a href=\"https:\/\/www.jll.com\" target=\"_blank\" rel=\"nofollow\">JLL<\/a> negotiated the lease agreement.<\/p>\n<p>\u201cThe appeal was two-fold,\u201d Mac Hewett, JLL associate for industrial and logistics services, told <em><a href=\"https:\/\/www.commercialsearch.com\/news\/\" target=\"_blank\">Commercial Property Executive<\/a><\/em>. \u201cThe primary client was very close by and the product being stored is seasonal, so the central valley location was optimal as it is bulk storage and then needs to go out when the season ramp up starts for the retailers at the stores.\u201d<\/p>\n<p>Located at 5000 Capital Road, Wonderful Industrial Park is able to accommodate a variety of industrial requirements ranging from approximately 100,000 to 2 million square feet of space. DMSI will use its new facility to provide clients with warehouse and distribution solutions.<\/p>\n<p>According to Hewett, while DMSI was able to take advantage of competitive real estate in a geographically central location, getting into the building quickly was also a critical component of the deal.<\/p>\n<p>\u201cSpecific to Bakersfield, there were limited comparable options. However the central valley is typically a \u2018regional\u2019 submarket, meaning a requirement can often look in multiple cities such as Bakersfield\/Shafter, Tejon, Visalia, Hanford, Fresno, even sometimes up to Merced,\u201d he said. \u201cThere are several existing buildings in the 100,000- to 300,000-square-foot size range in each of these submarkets. We definitely had an advantage with the existing client being so close.\u201d<\/p>\n<p>Wonderful Industrial Park\u2019s central location is just minutes from Highway 99, Interstate 5 and Highway 58, allowing access to 14 percent of the U.S. population within 300 miles, and offers convenient dual port access to the Port of Los Angeles and Port of Long Beach, as well as Port of Oakland. It has a FedEx Ground hub onsite and is nearby a UPS ground hub in Bakersfield, with Meadows Field Airport located only 7\u00a0miles away.<\/p>\n<p>\u201cFrom a location standpoint, you can reach 35 million people in a one-day truck turn, and 70 million within two. It is truly set up as a super-regional distribution hub with all the bells and whistles,\u201d Hewett said. \u201cThe infrastructure that Wonderful Real Estate has put into place is also second to none. A high-speed fiber optics network supporting 10gbps is in place throughout the entire project. The labor is great and Wonderful has made it clear they want to establish partnerships with tenants in the project to help with seasonal labor demands.\u201d<\/p>\n<p>Wonderful Industrial Park also features an onsite rail yard with more than 17,000 feet of track able to accommodate unit trains with direct access to Burlington Northern Santa Fe Railway\u2019s mainline.<\/p>\n<p>JLL\u2019s Mike McCrary, Peter McWilliams and Nicole Welch joined Hewett in representing the landlord on the deal.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The company will set up shop at the 1,625-acre Wonderful Industrial Park in Shafter, Calif.<\/p>\n","protected":false},"author":451,"featured_media":1004156736,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21784,21808,21748,21742,15],"tags":[],"class_list":["post-1004156732","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-brokerage","category-featured","category-industrial","category-latest","category-west"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - 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