Lathrop Industrial Center

Lathrop, CA

Address:   17100 South Harlan Road

Year Built:   1985 & 1989

Building SF:   417,600 SF

Acquisition Date:   November 16, 2017

Projected Hold Period:   5 years


Acquired vacant warehouse building at roughly half of replacement cost in a market with sub 5% vacancy.
  • Completed multi-million dollar repositioning of the project that included new roof, skylights, under roof deck scrim, LED lighting, exterior and interior paint, skylights, improved office space and restrooms, repaving of existing driveway and parking lot, new paving to increase loading area, upgraded fire pump and suppression system

Overview - Realized Project Level Returns


Projected IRR


Equity Multiple

5 years

Hold Period