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CenterPoint Properties Sells 49 Acre Industrial Facility In Lathrop For $85 Million

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SOLD
$85,000,000
Michael Kendall
Gian Bruno
+ 8

California

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Industrial935,120 SF
Sold 03/24/2025
the dealplayerscompscontact
Property Image
SOLD

CenterPoint Properties Sells 49 Acre Industrial Facility In Lathrop For $85 Million

18300 South Harlan Road

See Similar Deals
Industrial935,120 SF
Sold 03/24/2025
Michael Kendall
Gian Bruno
+ 8
Contact now

Summary

CALIFORNIA
Asset Type:Industrial
Price Per Square Foot:$90
Total Square Footage:935,120 SF
Transaction Type:Sale

The transaction involved the sale of a 935,120-square-foot industrial facility located at 18100-18300 South Harlan Road in Lathrop, California. The property, which spans 49 acres, was sold for $85 million, translating to a price per square foot of $91. Home Depot is the sole tenant of this facility and it benefits from proximity to major thoroughfares including Interstate 5 and Highway 120.

Summary of transaction details:

This transaction featured key representatives including Bob Chapman from CenterPoint Properties, the seller of the property. The deal was brokered by a team from Colliers, showcasing collaboration among multiple brokers to facilitate the transaction.

Players

Gian Bruno
22 deals$2.3B volume(949) 724-5511
BROKER

Michael Kendall
Colliers
21 deals$2.3B volume
BROKER

Kenny Patricia
Colliers
18 deals$2.3B volume
BROKER


Ryan McShane
Colliers
3 deals$349M volume(209) 475-5105
BROKER

Nick Mascheroni
Colliers
3 deals$380.9M volume(925) 818-9923
BROKER

Gregory O'Leary
Colliers
2 deals$85M volume(209) 639-2908
BROKER

Kylie Jones
Colliers
7 deals$695.3M volume(949) 724-5711
BROKER

Michael Goldstein
Colliers
2 deals$349M volume(209) 475-5106
BROKER

Wes Widmer
Colliers
2 deals$349M volume(209) 475-5109
BROKER

13 deals$968.1M volume
SELLER

Details

SOLD
IMAGE: Bob Chapman, Alex Hoeck, Gian Bruno, Gregory O'Leary, Kenny Patricia, Kylie Jones, Michael Goldstein, Michael Kendall, Nick Mascheroni, Ryan McShane & Wes Widmer DATE: 03/24/2025 ADDRESS: 18100-18300 South Harlan Road MARKET: Lathrop ASSET TYPE: Industrial ~ ACRES: 49 SELLER: Bob Chapman - CenterPoint Properties BROKERS: Alex Hoeck (@AlexHoeck), Gian Bruno, Gregory O'Leary, Kenny Patricia, Kylie Jones, Michael Goldstein, Michael Kendall, Nick Mascheroni (@NickMascheroni), Ryan McShane & Wes Widmer - Colliers (@ColliersInternational) SALE PRICE: $85,000,000 SF: 935,120 ~ PPSF: $91 NOTE: CenterPoint Properties sold a 935,120-square-foot industrial facility in Lathrop, Calif., to a private investor for $85 million, with Colliers brokering the deal. Home Depot remains the sole tenant of the property, which sits on 49 acres near Interstate 5 and Highway 120.

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