A Leading E-Commerce Distribution Center
LDK Ventures secured entitlements in 2019 for The NorthBay Logistics Center II (4800 Midway Rd. in Vacaville, CA) which consists of two Class A industrial buildings totaling 709,000 square feet.
Since securing entitlements, LDK Ventures was successful in securing a Fortune 10 global ecommerce tenant for the 616,000 square foot building. Building A completed construction in July 2021. LDK began construction on the 93,000 square foot Building B in May 2021 and it was completed in January 2022.
Building A is cross-docked, 40’ clear height with an ESFR sprinkler system and Building B is a 93,000 square foot rear load building.
LDK is partnered with PCCP as an equity partner and secured a construction loan from CitiBank to complete the funding of the development project.
Building A has since been sold to Nuveen.