properties

California: 2900 MacArthur Drive - Tracy

Gross Building Size: 284,000

Seagate constructed this high cube distribution warehouse in anticipation of securing up to three tenants. The entitled land had been acquired as part of a larger industrial portfolio. Construction was completed on schedule and slightly under budget. The entire building was leased to a single tenant prior to completion, and rent commenced upon completion at rental rates in excess of our projections.

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