Irvine, CA – November 14, 2023 — Stream Realty Partners has fully entitled 101 Logistics Center, a 750,000 SF, four-building Class A industrial development project in Southern California. The state-of-the-art industrial property is located on Sakioka Drive in Oxnard, California.
“We are beyond excited about 101 Logistics Center becoming a reality,” said Scott Sowanick, Managing Director and Partner at Stream. “Our team has worked tirelessly on the opportunity, and, despite the economic fluctuations, the fundamental supply and demand has never been stronger than today.”
Sitting on a 41-acre site, the buildings at 101 Logistics Center will range from approximately 110,000 to 308,000 square feet and provide tenants with a variety of leasing options, including the full four-building campus. In terms of project features, the buildings will offer tenants 32- to 40-foot warehouse clear heights, substantial dock-high loading capability, 135’ to 185’ fully secured truck courts, robust power capacity, ESFR sprinklers, warehouse lighting, EV charging stations, a built-out ground floor and mezzanine office space.
The project will provide tenants with direct access to the 101 Freeway for convenient access to Ventura County, Santa Barbara County and Los Angeles County, as well as the Port of Hueneme. Amazon and Arctic Cold recently built facilities immediately adjacent to the project.
Stream, a national commercial real estate firm offering an integrated platform of services, has a rapidly growing presence in Southern California and will develop, asset manage, and property manage the new facilities. Stream’s Western Region Industrial Development Services team, comprised of Sowanick, Senior Director Nick Kreuter and Development Associate Andrew Warren, will lead the development of 101 Logistics Center on behalf of Stream.
Newmark Vice Chairman John DeGrinis, SIOR, Executive Managing Directors Patrick DuRoss, SIOR and Jeff Abraham, SIOR and Associate Director Javier Galvan are handling the leasing of the project.
About Stream Realty Partners
Stream Realty Partners is a national commercial real estate firm offering an integrated platform of services including leasing, Legendary CX property management, tenant and landlord representation, capital markets, investment management and sales, development, construction management, national program management, workplace strategies, strategic marketing, and dedicated research. The company is headquartered in Dallas and operates 15 core offices in markets that cover areas including Alexandria, VA; Arlington, VA; Atlanta; Austin; Boca Raton; Charleston; Charlotte; Chicago; Colorado Springs; Dallas; Denver; Fort Lauderdale; Fort Worth; Greenville, SC; Houston; the Inland Empire; Irvine; Los Angeles; Miami; Nashville; Orange County; Phoenix; Raleigh-Durham; Reston, VA; San Antonio; Tysons; Washington, D.C.; and West Palm Beach. Since 1996, Stream has grown to more than 1,350 professionals and now completes more than $6.9 billion annually in office, industrial, retail, healthcare, land, and data center transactions. For information, visit www.streamrealty.com and follow Stream on LinkedIn, Instagram, Twitter, and Facebook.
