27 Jun IDI Logistics Leases 312KSF to Customized Distribution Services, Inc. in Stockton
IDI Logistics Leases 312KSF to Customized Distribution Services, Inc. in Stockton
575KSF Stockton Business Center is now 100% Occupied.
(ATLANTA, GA – June 27, 2022) – IDI Logistics, a leading developer and manager of logistics real estate, has leased 312,448 SF at Stockton Business Center, located at 2018 Zephyr, Street, to Customized Distribution Services, Inc. (CDS). The building is now fully leased.
CDS provides advanced logistics capabilities, processes, and solutions via a national network of modern distribution centers. The space at Stockton Business Center is their first facility in the Central Valley market and second in the nation with IDI Logistics. CDS currently leases IDI’s entire 450KSF Middlesex Center IIB in South Brunswick, New Jersey.
“We are very excited to expand our relationship with CDS at this state-of-the-art facility,” said Brandon Dickens, Vice President of Capital Deployment for IDI Logistics. “CDS is an excellent operator in the logistics space, and we are proud they have chosen to work with us again for their first space in the Central Valley. The prime location and superior building quality made Stockton Business Center an ideal choice.”
Stockton Business Center is a 574,528 SF facility developed by IDI Logistics in 2020. The location offers excellent access to I-5, I-205, U.S. 99 and U.S. 120 with close proximity to intermodal (BNSF and Union Pacific) and port facilities.
Jeffrey Linden and Dan de la Paz of CBRE along with Blake Rasmussen and Milt Charbonneau of Cushman & Wakefield represented CDS in the transaction. Michael Goldstein, Ryan McShane and Gregory O’Leary with Colliers International, Inc represented IDI Logistics.
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