NORTHERN CALIFORNIA SPOTLIGHT
The Eastern Spiral
Ted Anspacher, president of Anspacher Commercial Real Estate Services in San Rafael, says, "Every destination connected to the Port of Oakland is seeing more activity," and that includes the heavily traveled rail connection between the port and Stockton. As somebody who's experiencing firsthand the growth phenomenon in Southern California's Inland Empire, Anspacher calls the Stockton-Tracy-Lodi area the "Northern California version of the Inland Empire, but minuscule by comparison."
But there's nothing small about some of the industrial expansion in the area, including a new building materials distribution center in Lathrop from Boise Building Materials Distribution and a plethora of building materials companies in Stockton. Lathrop is also seeing a new distribution project from Home Depot, as well as a food training center from the ever-popular In-n-Out Burger.
Further north in Sacramento, the success of Sacramento-based Siemens Transportation is spinning off its share of projects, and in an appropriately progressive industry: light rail. The company that makes the shells for those light-rail cars, Bozankaya LLC, is moving into 168,000 sq. ft. (15,607 sq. m.) in a former U.S. Army depot now operated as Depot Park. Overall, the 3-million-sq.-ft. (278,700-sq.-m.) park is 75-percent leased — like NASA Ames, the base that occupied it was decommissioned in 1994. Siemens' own 190,000-sq.-ft. (17,651-sq.-m.) plant in the area employs 350.
The activity is a sign of good things to come in the state capital. According to that state employment department report released in October, Sacramento Co. shows a 19.2-percent spike in jobs between 2002 and 2008, driven by 19.1 percent increase in manufacturing employment.
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