{"id":1004770309,"date":"2025-09-02T06:26:12","date_gmt":"2025-09-02T14:26:12","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004770309"},"modified":"2025-09-03T06:10:08","modified_gmt":"2025-09-03T14:10:08","slug":"prologis-sells-284-ksf-central-valley-facility","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/prologis-sells-284-ksf-central-valley-facility\/","title":{"rendered":"Prologis Sells Central Valley Facility"},"content":{"rendered":"\n<p><\/p>\n\n\n<div class=\"wp-block-image\">\n<figure data-wp-context=\"{&quot;imageId&quot;:&quot;6a11cc65b1518&quot;}\" data-wp-interactive=\"core\/image\" class=\"alignright size-full is-resized wp-lightbox-container\"><img loading=\"lazy\" decoding=\"async\" width=\"640\" height=\"480\" data-attachment-id=\"1004770315\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/prologis-sells-284-ksf-central-valley-facility\/northeast-industrial-tracy-6\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/09\/Northeast-Industrial-Tracy-6.jpg\" data-orig-size=\"640,480\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"Northeast Industrial Tracy 6\" data-image-description=\"&lt;p&gt;Image from Yardi Matrix&lt;\/p&gt;\n\" data-image-caption=\"&lt;p&gt;Built in 1999, the 283,713-square-foot facility has 45 dock loading doors. Image courtesy of Yardi Research Data&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/09\/Northeast-Industrial-Tracy-6.jpg?w=640\" data-wp-class--hide=\"state.isContentHidden\" data-wp-class--show=\"state.isContentVisible\" data-wp-init=\"callbacks.setButtonStyles\" data-wp-on-async--click=\"actions.showLightbox\" data-wp-on-async--load=\"callbacks.setButtonStyles\" data-wp-on-async-window--resize=\"callbacks.setButtonStyles\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/09\/Northeast-Industrial-Tracy-6.jpg\" alt=\"Exterior shot of Northeast Industrial Tracy 6, an industrial facility in Tracy, Calif.\" class=\"wp-image-1004770315\" style=\"width:400px\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/09\/Northeast-Industrial-Tracy-6.jpg 640w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/09\/Northeast-Industrial-Tracy-6.jpg?resize=300,225 300w\" sizes=\"auto, (max-width: 640px) 100vw, 640px\" \/><button\n\t\t\tclass=\"lightbox-trigger\"\n\t\t\ttype=\"button\"\n\t\t\taria-haspopup=\"dialog\"\n\t\t\taria-label=\"Enlarge\"\n\t\t\tdata-wp-init=\"callbacks.initTriggerButton\"\n\t\t\tdata-wp-on-async--click=\"actions.showLightbox\"\n\t\t\tdata-wp-style--right=\"state.imageButtonRight\"\n\t\t\tdata-wp-style--top=\"state.imageButtonTop\"\n\t\t>\n\t\t\t<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"12\" height=\"12\" fill=\"none\" viewBox=\"0 0 12 12\">\n\t\t\t\t<path fill=\"#fff\" d=\"M2 0a2 2 0 0 0-2 2v2h1.5V2a.5.5 0 0 1 .5-.5h2V0H2Zm2 10.5H2a.5.5 0 0 1-.5-.5V8H0v2a2 2 0 0 0 2 2h2v-1.5ZM8 12v-1.5h2a.5.5 0 0 0 .5-.5V8H12v2a2 2 0 0 1-2 2H8Zm2-12a2 2 0 0 1 2 2v2h-1.5V2a.5.5 0 0 0-.5-.5H8V0h2Z\" \/>\n\t\t\t<\/svg>\n\t\t<\/button><figcaption class=\"wp-element-caption\">Built in 1999, the 283,713-square-foot facility has 45 dock loading doors. <em>Image courtesy of Yardi Research Data<\/em><\/figcaption><\/figure><\/div>\n\n\n<p>Prologis has sold Northeast Industrial Tracy 6, a 283,713-square-foot industrial facility in Tracy, Calif., for $42.4 million, according to Yardi Research Data. LBA Realty acquired the Central Valley asset.<\/p>\n\n\n\n<p>Prologis previously acquired the asset in January 2002 from Seagate Properties Inc., in a two-building portfolio transaction that totaled north of $20 million. The other property was a 275,000-square-foot warehouse in Modesto, Calif.<\/p>\n\n\n\n<p>The building\u2019s tenant roster includes Restoration Hardware, according to Yardi Research Data. The building sits on 13 acres and has 45 dock-high loading doors.<\/p>\n\n\n\n<p>The 1999-built facility is at 2900 N. MacArthur Drive, near interstates 205 and 580. Downtown San Jose, Calif., is 74 miles away, while Oakland International Airport is 61 miles east.<\/p>\n\n\n\n<p>Prologis currently owns 45 properties totaling more than 23 million square feet in Central Valley, with another 1.5 million under construction. Globally, the company owns about 1.3 billion square feet across 20 countries.<\/p>\n\n\n\n<p>In the U.S., <a href=\"https:\/\/www.commercialsearch.com\/news\/prologis-closes-2-deals-worth-230m\/\">Prologis acquired<\/a> a 600,000-square-foot asset in South Brunswick, N.J., back in March. ARC Realty sold the warehouse for $166.8 million. During the same month, the firm also sold a 458,620-square-foot asset in Melrose Park, Ill., to a manufacturer that previously leased the space.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-central-valley-s-recent-major-deals\">Central Valley&#8217;s recent major deals<\/h2>\n\n\n\n<p>Central Valley\u2019s industrial investment activity totaled $762.5 million year-to-date through August, with 30 properties changing hands, Yardi Research Data shows. The assets totaled 9 million square feet.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.commercialsearch.com\/news\/eqt-buys-central-valley-portfolio-for-264m\/\">EQT Real Estate acquired<\/a> a 2 million-square-foot industrial portfolio in Manteca, Calif., through its Industrial Value Fund VI, in what was the market&#8217;s largest deal this year. CenterPoint Properties sold the four warehouses.<\/p>\n\n\n\n<p>In March, <a href=\"https:\/\/www.commercialsearch.com\/news\/centerpoint-sells-central-valley-asset-for-85m\/\">CenterPoint sold a 935,120-square-foot facility<\/a> in Lathrop, Calif. A private investor paid $85 million for the 2003-completed, 50-acre asset.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The buyer shelled out $42 million.<\/p>\n","protected":false},"author":3355,"featured_media":1004770315,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21748,21783,21742,15],"tags":[37933,32956],"class_list":["post-1004770309","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-industrial","category-investment","category-latest","category-west","tag-lba-realty","tag-prologis"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Prologis Sells Central Valley Facility - Commercial Property Executive<\/title>\n<meta name=\"description\" content=\"Prologis sold Northeast Industrial Tracy 6, an industrial facility in Tracy, Calif., for $42.4 million, Yardi Research Data shows.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/prologis-sells-284-ksf-central-valley-facility\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Prologis Sells Central Valley Facility\" \/>\n<meta property=\"og:description\" content=\"Prologis sold Northeast Industrial Tracy 6, an industrial facility in Tracy, Calif., for $42.4 million, Yardi Research Data shows.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/prologis-sells-284-ksf-central-valley-facility\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2025-09-02T14:26:12+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-09-03T14:10:08+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/09\/Northeast-Industrial-Tracy-6.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"640\" \/>\n\t<meta property=\"og:image:height\" content=\"480\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Vicentiu Fusea\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/prologis-sells-284-ksf-central-valley-facility\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/prologis-sells-284-ksf-central-valley-facility\/\",\"name\":\"Prologis Sells Central Valley Facility - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/prologis-sells-284-ksf-central-valley-facility\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/prologis-sells-284-ksf-central-valley-facility\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/09\/Northeast-Industrial-Tracy-6.jpg\",\"datePublished\":\"2025-09-02T14:26:12+00:00\",\"dateModified\":\"2025-09-03T14:10:08+00:00\",\"author\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/6f90c90d1e85956f06679ddabc844412\"},\"description\":\"Prologis sold Northeast Industrial Tracy 6, an industrial facility in Tracy, Calif., for $42.4 million, Yardi Research Data shows.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/prologis-sells-284-ksf-central-valley-facility\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.commercialsearch.com\/news\/prologis-sells-284-ksf-central-valley-facility\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/prologis-sells-284-ksf-central-valley-facility\/#primaryimage\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/09\/Northeast-Industrial-Tracy-6.jpg\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/09\/Northeast-Industrial-Tracy-6.jpg\",\"width\":640,\"height\":480,\"caption\":\"Built in 1999, the 283,713-square-foot facility has 45 dock loading doors. 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