Best Buy Leasing 286,000-SF Warehouse

LIVERMORE, CA-Best Buy Stores Inc. will take over the 286,000-sf Livermore Distribution Center at the end of April. The Minneapolis-based big box retailer recently signed a seven-year, $9-million lease for the property, which is owned jointly by Atlanta-based IDI and JPMorgan.

The distribution center is located at 7337 Las Positas Rd., between the I-5 and I-880 freeways. The property features a 30-ft minimum ceiling clearance, cross-dock loading, concrete truck courts and 2.5% skylights.

Best Buy will use the facility for office space, warehousing and distribution of consumer goods. The company expects to relocate approximately 100 employees from its present location in Northern California.