TRACY, CALIF. — Dermody has purchased a logistics facility at 1269 E. Grant Line Road in Tracy. Terms of the transaction were not released. Rebecca Perlmuter of CBRE National Partners represented the undisclosed seller in the deal. Michael Goldstein, Ryan McShane and Alex Hoeck of Colliers will handle leasing for the property.
Completed in 2023, the 606,343-square-foot building features a clear height of 40 feet, 103 dock-high doors, four grade-level doors, 176 trailer stalls and 220 car parking stalls. The property also features a 185-foot truck court that is fully fenced and secured with gated entries, 4,000-amp electrical service, ESFR fire protection, LED lighting, 60-foot speed bays and approximately 4,054 square feet of office space. Situated on 29.3 acres, the asset offers immediate access to I-205, with additional connectivity via interstates 5 and 580 to Silicon Valley, the San Francisco Bay Area, the Port of Oakland and San Francisco International Airport.