Macy’s leases new 272,000 sf logistics building in California Central Valley

Cushman & Wakefield announced the firm has represented Macy’s in the lease of a brand new approximately 272,000-square-foot logistics/distribution facility in Lathrop, California. Macy’s signed a long-term lease for its new space at 3400 W Yosemite at the Phelan Lathrop Gateway Industrial Park. The property is owned by Phelan Development.

Cushman & Wakefield’s Jay Hagglund and Tyson Vallenari joined forces to represent Macy’s in the transaction.

“Macy’s new California Central Valley location provides the company with a state-of-the-art facility offering many benefits, including continued nearby accessibility to the customer base in the Bay Area Region, Northern California, and Central Valley. It is also near both the UP and BNSF Intermodal Facilities, multiple regional international airports as well as multiple Ports located in the area,” said Executive Managing Director Tyson Vallenari. “And with immediate access to Interstate 5 and Highway 99, the property is also conveniently accessible to Los Angeles and the San Pedro Bay Port Complex, along with other major markets throughout the West Region.”

Macy’s is a modern department store, and through its celebrated nameplates Macy’s, Bloomingdale’s, and Bluemercury, helps customers express their unique style and celebrate special moments both big and small, wherever and however they shop.