Vacaville, CA — February 23, 2023 – Ridgeline Property Group (Ridgeline) along with capital partner and real estate investment manager, USAA Real Estate, announced today vertical construction is underway at Midway Commerce Center for Buildings A and C. 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. Both buildings, featuring LED lighting, ample power, and high-finish offices, will be completed and ready for occupancy in early fall this year.
Walls are in place on 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. The roof deck is currently being applied.
“Ridgeline is excited to bring the Midway Commerce Center to the City of Vacaville, recognized for its business-friendly leadership, and strong labor market. Midway will attract national tenants seeking an outstanding Northern California location, bringing over 1,200 jobs to the City. Ridgeline is proud of our best-in-class project team, led by HPA Architecture, and their outstanding design. We anticipate announcing Building B (105,908 SF) very soon.” Steve Arthur, Ridgeline Property Group, Partner.
Cranes are lifting wall panels on Building A, a 198,490 square foot rear-loading building, offering a 36-foot clear height and mechanical dock levers at every other position.
“Ridgeline has been an excellent development partner,” said Aaron Busch, Vacaville City Manager. “We are proud to be home to one of the largest industrial facilities in California. The addition of Midway Commerce Center and its flexible design is well positioned to attract logistics, distribution, and e-commerce tenants, as well as advanced manufacturing industries, aligning well with the City of Vacaville’s implementation of our Biotechnology and Advanced Manufacturing Initiative.”
The project is conveniently located off Eubanks Drive, a mile from the Midway Road and Highway 505 interchange, and less than four miles from Interstate
“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 about 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 USAA Real Estate
Along with its affiliate companies, USAA Real Estate invests across the risk spectrum for a global client base, managing over $35 billion in net assets under management within a diversified portfolio across North America and Europe. USAA Real Estate 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, visit www.usrealco.com.