Macy's Leases 272,000-SF Industrial Facility In Lathrop, California

Macy's has signed a long-term lease for a 272,000-square-foot logistics facility at 3400 W. Yosemite Ave. in the Phelan Lathrop Gateway industrial park, owned by Phelan Development. The property is strategically situated south of Sacramento and east of the Bay Area.

Summary of transaction details

• Property Type: Industrial
• Transaction Amount: Not mentioned
• Address: 3400 West Yosemite Avenue
• Market: Lathrop
• Size: 272,000 SF

The landlord of the property is Jeffrey F. Phelan from Phelan Development. The tenant, Macy's, will be occupying the facility. The deal was brokered by Jay Hagglund and Tyson Vallenari from Cushman & Wakefield.