Industrial Realty Group LLC (IRG) announced the execution of a full building lease with a regional agricultural manufacturer at the company’s 2201 Cooper Avenue in Merced, California project. The transaction represents significant absorption of one of the Central Valley’s premier manufacturing and distribution assets.
Situated on approximately 42.6 acres, the facility offers extensive manufacturing infrastructure, dual rail service from both Union Pacific and BNSF, an on-site electrical substation, multiple interior and exterior rail spurs, significant trailer and employee parking and expansion capabilities.
“The execution of this lease demonstrates the continued demand for high-quality manufacturing facilities in strategic logistics markets,” said Justin Lichter, chief investment officer of IRG. “This property offers a rare combination of scale, rail connectivity, power infrastructure and access to California’s agricultural and transportation networks.”
Located in California’s Central Valley, the property provides convenient access to major population centers throughout Northern and Central California while benefiting from proximity to major intermodal facilities and interstate corridors.
