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5195 Fermi Road

TricorBraun Signs 608K SF Lease At Interchange Logistics Center In Fairfield With Colliers Representatives
LEASEDIndustrial

TricorBraun Signs 608K SF Lease At Interchange Logistics Center In Fairfield With Colliers Representatives

5195 Fermi Road

Building Size

608,000 SF

Asset Type

Industrial

Closing

Aug 27, 2025

AI

The industrial asset located at 5195 Fermi Road in Fairfield features a total square footage of 608,000. This property is significant in the Industrial market and has recently seen activity with a new lease agreement.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: Not specified
  • Address: 5195 Fermi Road
  • Market: Fairfield
  • Tenant: Kevin Weadick - TricorBraun
  • Brokers: James Ewing, Ward Richmond, Jon Quick, Phil Garrett - Colliers
  • Lease Size: 608,000 SF
  • Consolidation: TricorBraun consolidated 440,000 SF from three local sites
  • Significance: Largest industrial lease in Solano-Napa in over two years

This deal was brokered by Colliers, with agents James Ewing, Ward Richmond, Jon Quick, and Phil Garrett playing crucial roles in finalizing the transaction for TricorBraun. Their involvement highlights the collaborative effort in executing this significant lease agreement.

Players

James Ewing

Colliers

Broker

6 deals

Broker
Colliers
ColliersBrokerage

Fairfield Industrial Market Snapshot

Boundary boundary · Industrial · Lease transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93