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 706,000 square feet.
Since securing entitlements, LDK Ventures was successful in securing a build-to-suit tenant for the 616,000 square foot building. The building is currently under construction and completion is expected for summer of 2021. The building is cross-docked, 40’ clear height with an ESFR sprinkler system. Additionally, LDK will commence construction on additional 90K square foot speculative industrial building in Winter 2021.
LDK is partnered with an institutional equity partner and has secured a construction loan from a bank to complete the funding of the development project.
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