Updated Jul 14, 2026
Jim Boyle Of Lee & Associates Signs Long-Term Lease For 1.6M SF Industrial Space In Tracy, CA
9375 West Sugar Road
Building Size
1,600,000 SF
Asset Type
Industrial
Closing
Jul 8, 2026
About this deal
AI
The property asset involved in this transaction is an industrial facility located at 9375 West Sugar Road in Tracy, California. It has a significant square footage of 1,600,000 and is part of the Tracy & Stockton market. The owner of the facility is E & E Co.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not specified
- Address: 9375 West Sugar Road
- Market: Tracy & Stockton, CA
- Landlord: E & E Co.
- Tenant: Jim Boyle - Medline
- Broker: Lee & Associates
- Lease Terms: long-term
The transaction involves Jim Boyle, representing Medline, which has signed long-term leases totaling 1.6 million square feet across distribution facilities in Tracy and Stockton, California. This expansion comes as Medline replaces warehouse capacity lost in a June fire and plans to grow its California distribution network, with the Stockton facility expected to open in January 2027.
Players
Tracy 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