Scannell Properties in Construction Phase for 86,700 square foot Industrial Property
May 4, 2016
Marathon Business Center in Livermore, California will be the new home for Roadrunner Transportation Systems. Targeted completion date is October 2016.
(LIVERMORE, CA) The San Francisco Bay area’s Marathon Business Center will be the new home for Roadrunner Transportation Systems that will occupy an 86,700 square foot build-to-suit that’s scheduled to be completed in October 2016.
Headquartered in Cudahy, Wisconsin, Roadrunner is a leading asset-light transportation and logistics service provider offering a comprehensive suite of global supply chain solutions, including customized and expedited less-than-truckload, truckload logistics, intermodal solutions, freight consolidation, inventory management, expedited services, air freight, international freight forwarding, customs brokerage, and transportation management solutions.
Scannell is currently developing the modern warehouse in the Marathon Business Center in Livermore, a highly desirable submarket of the Tri-Valley, at 7600 Patterson Pass Road. This location is unique as there are few industrial centers in the San Francisco East Bay area that have the capacity for tractor trailer maneuvering, loading and staging along with modern building amenities like ESFR fire suppression system, cross-dock capability, separate employee parking and extensive trailer parking. Minimal supply coupled with the active East Bay sub-market shows.
“We are very pleased to be developing a build-to-suit facility for this national company,” said Todd Berryhill, Director, and Scannell Properties. “We’re excited for the opportunity to deliver Roadrunners a modern building that meets their specific needs.”
Scannell Properties is working with Michael Lloyd, Executive Vice President | Corporate Director of Colliers International. “The property’s infill location, desirable building feature, and in-place income promotes significant upside as rental growth creates an exceptional investment opportunity,” Says Lloyd