7
Location

Prologis, Pier 1, San Francisco, CA, United States

Date and Time

Thursday, December 7 2017 - 6:30 PM

Event Details

Prologis is bringing its innovative approach to building industrial projects and providing PDR (production, distribution and repair) space to its San Francisco hometown. Their latest project to be called the San Francisco Gateway Industrial Center, in the heart of the Bayview neighborhood, will replace four single-story buildings constructed in 1940 and total 448,000 square feet. 

SPIRE members and Prologis experts: Ali Harandi ('12) - Investment Director, Capital Deployment, Dan Letter - Managing Director, Capital Deployment NW Region and Christina Jackson - Vice President, Leasing Officer, met at the Prologis office on the Embarcadero, for a presentation on this up and coming modern, multistory warehouse, which is setting the standard for the future of urban industrial real estate.

Multistory industrial developments are essentially warehouses stacked on top of one another and connected by a network of truck ramps, loading docks and freight elevators. They are flexible and divisible and are equally well suited to manufacturing as they are warehousing goods.  

The San Francisco Gateway Industrial Center will be the largest industrial complex San Francisco has seen in 50 years, a 1.16 million square foot project advocates say could help stem the loss of blue-collar jobs from a rapidly gentrifying city. 

Recognizing the needs for logistics companies to be ever closer to their customers without compromising the functional attributes of a traditional distribution center, Prologis has taken the utmost care in the pioneering design of what will become a model of industrial facility solutions. The target completion date for the San Francisco Gateway Industrial Center is late 2021.

An impressive dinner followed, where all enjoyed a modern interpretation of traditional Spanish tapas with a touch of California. SPIRE took on Bar 5 at Coqueta restaurant well into the evening.