Stuart Lichter Of Industrial Realty Group Leases 500,000 SF Industrial Facility In Merced, CA

The property asset involved in the transaction is an industrial facility located at 2201 Cooper Avenue in Merced, California. It encompasses 500,000 square feet and is situated on a 42.6-acre site. The market value highlights its significance within a key area for large-scale industrial facilities, particularly in strategic logistics markets.

Summary of transation details:

• Property Type: Industrial
• Transaction Amount: Not specified
• Asset Size: 500,000 SF
• Address: 2201 Cooper Avenue
• Market: Merced, CA
• Landlord: Stuart Lichter - Industrial Realty Group (IRG)
• Tenant: A regional agricultural manufacturer
• Property Features: Dual rail service, on-site power infrastructure, expansion capacity

The deal involved Stuart Lichter representing Industrial Realty Group, which signed a full-building lease for the facility. This agreement reflects the growing demand for large-scale industrial spaces in strategic logistics markets.