Building C fully leased to national e-commerce tenant. Building B, California’s first Cross Laminated Timber (CLT) building is permit ready.
Vacaville, CA — October 25, 2023 – Ridgeline Property Group (Ridgeline) along with capital partner and real estate investment manager, Affinius Capital, announced today that Buildings A and C at Midway Commerce Center are complete. The 89.7-acre, Class “A” institutional quality industrial park totals 1.53 million square feet and is exceptionally located midway between Sacramento and the San Francisco Bay area, just a mile from the Midway Road and Highway 505 interchange, and less than four miles from Interstate 80.
One of the largest buildings in Northern California, 920 Eubanks Drive, Building C, a 1,228,982 square foot, cross-dock facility with an internal clear height of 42 feet, offering hydraulic dock levels at all 209 positions is complete. Ridgeline and Affinius are excited to report Building C fully leased to a national e-commerce tenant who will be fully operational 2Q2024. View an external timelapse video.
“The City of Vacaville, recognized for its business-friendly leadership, and strong labor market, combined with Midway Commerce Center’s thoughtful design specification, were instrumental in attracting and securing a world-renowned tenant on a long-term lease for Building C, 920 Eubanks Drive. Ridgeline is grateful for our best-in-class project team, led by HPA Architecture, and recognizes Fullmer Construction, Bob Fullmer and his team for an outstanding job. Many thanks to Cushman and Wakefield, and KBC Advisors for securing the Building C lease.” Steve Arthur, Ridgeline Property Group, Partner.
850 Eubanks Drive, Building A, a 198,490 square foot rear-loading building, offering a 36-foot clear height and mechanical dock levers at every other position, is also complete and ready for occupancy on November 1st. Building A features LED lighting, 4,000 amps of power, mechanical levers and dock deals at every other dock position, metal roof deck supporting an insulated, 20-Year TPO roof, and 2,991 square feet of high-finish offices.
Ridgeline and Affinius Capital are excited to announce that 870 Eubanks Drive, Building B, a 105,908 square foot, 32’ clear height, rear-loading building is permit ready and available for pre-leasing. California’s first Cross Laminated Timber (CLT) building, supplementing CLT overlain by insulated Metal Panel (IMP) in lieu of concrete, Building B will have a reduced carbon footprint by approximately 30% compared to tilt-wall construction, offering tenants a warm, natural working environment.
“Ridgeline recognizes HPA’s Teresa Goodwin and her leadership in the innovative design of California’s first mass-timber (CLT) building.” Steve Arthur, Ridgeline Property Group, Partner.
“The City of Vacaville recognizes Steve Arthur of Ridgeline Property Group and his partners Affinius Capital, whose vision and enthusiasm have made this project a reality,” said Mayor John Carli. “The commitment to Vacaville and more than $200,000,000 investment is a testament to their belief in the potential and promise of our community. We are delighted to be home to California’s first Cross Laminated Timber building and are eager to see the positive impacts of job creation and the overall contributions to the economic vitality of our City and region.”
“The Cushman and Wakefield team has leased tens of millions square feet of warehouse and manufacturing space in the North Bay and the Bay Area over the course of 40 years, and this may be our best product yet. We are fortunate to offer Midway Commerce Center, rich in amenities. Abundant auto and trailer parking, ample power, flexible design, and some of the best labor demographics in the region make this project stand out.” Brooks Pedder, SIOR, John McManus, CCIM and Tony Binswanger, SIOR of Cushman & Wakefield, exclusive broker.
Further information may be found at www.midwaycommercecenter.com.
About Ridgeline Property Group
Ridgeline Property Group is a commercial real estate development and investment company operating throughout the United States. Headquartered in Atlanta, the firm has a particular focus on the acquisition, development, and management of high-quality industrial properties in strategic markets. Ridgeline’s regional partners have more than 125 years of combined experience in the commercial real estate industry and have developed in excess of 130 million square feet of space in more than 30 states. For additional information, please visit www.ridgelinepg.com.
About Affinius Capital
Affinius Capital (formerly known as USAA Real Estate) is the brand name that applies to it, and its advisory subsidiaries Affinius Capital Advisors and Affinus Capital Management. Affinius invests across the risk spectrum for a global client base, managing over $33 billion in net assets under management within a diversified portfolio across North America and Europe. Affinius provides strategic equity and debt capital, including to capitalize on the accelerating demand for technology-driven real estate assets, to meet the critical need for housing solutions, and for other market and capital structure opportunities exhibiting compelling risk-return characteristics. For more information, please visit www.affiniuscapital.com.