Construction is underway on the Seaport Logistics Complex, one of the most anticipated developments at the Port of Oakland.
Over the last nine months, CenterPoint Properties has been preparing and conducting ground stabilization operations on its 27-acre site and working toward the building of the 460,000-square-foot facility, set for completion in mid-2020.
“We look forward to starting vertical construction and continuing to work closely with the port to make sure this project is a point of pride for everyone involved,” said CenterPoint Chief Development Officer Michael Murphy.
When completed, the $52 million project will anchor a logistics campus at the decommissioned Oakland Army Base. CenterPoint will build and operate the first building at the campus and lease it to cargo transportation or logistics-related tenants.
“We’ve waited a long time to reach this point, but now our future is in view,” said Port Maritime Director John Driscoll. “CenterPoint’s facility will give us logistics capability you can’t find at other ports.”
