Intercontinental Real Estate Corp. and Kennedy Wilson have purchased a 877,648-square-foot Industrial Park in Stockton, CA, for $84 million.
Located at 1604 Tillie Lewis Drive in California's Central Valley, the facility is situated on nearly 40 acres off of State Route 4, just five minutes from I-5 and the Port of Stockton. The property is located near several major railways, including Stockton Terminal & Eastern Railroad, UP Intermodal and BNSF Intermodal, as well as Stockton Metropolitan Airport.
Consisting of three divisible buildings, Stockton Industrial Park features 24' to 28' clear heights, dock-high and grade-level loading and a wide range of unit sizes for warehouse and/or manufacturing purposes. The largest of the buildings, totaling 570,000 square feet, offers direct rail service.
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