CenterPoint leases new warehouse to PCC Logistics
A major logistics company will soon occupy the enormous new warehouse at the Port of Oakland’s designated Seaport Logistics Complex. Industrial real estate giant CenterPoint Properties completed the massive, 460,000+ square-foot warehouse at 1300 Maritime Street last year. CenterPoint signed PCC Logistics as the new tenant in January of this year.
PCC Logistics is headquartered in the city of San Leandro, California, the next city south of Oakland. PCC serves customers who ship their goods to and from the West Coast domestically and internationally. CenterPoint Landing is the name of the new warehouse.
Activating CenterPoint Landing means the first phase of the redevelopment of the former Oakland Army Base is done. The 27-acre location is an exceptional site for shippers because the facility is located within the Port of Oakland footprint providing ready access to Oakland’s marine terminals, rail facilities, and highways.
“The new warehouse operation, being so close to marine and rail terminals, will be efficient for moving cargo through Oakland,” said Port of Oakland Maritime Director Bryan Brandes. “This is a vision the Port has had for more than a decade and now it’s coming to fruition at just the right time.” The increase in import cargo during the pandemic has been putting stress on all the major U.S. West Coast ports. The new facility will help ease the flow of goods at the Oakland Seaport.
Transloading, the process of transferring cargo between international and domestic modes of transportation, is common near West Coast ports; however, Oakland will now become one of the few ports in the U.S. where transloading can occur within the Port area.
The Seaport Logistics Complex will eventually cover 180 acres of Port land.
Background:
- The Board of Port Commissioners approved a development agreement with CenterPoint in November 2017.
- The deal became official in January 2018.
- A building construction permit was approved in July 2019, and CenterPoint Landing was completed in 2021.
- The agreement with the Port called for CenterPoint to develop a $52 million logistics facility on Port property that once served as an Army supply depot.
- This was the result of negotiation between CenterPoint, the Port, and Revive Oakland and Oakland Works, a broad coalition of more than 30 community organizations.
- Local jobs were created through project construction.