Fairfield is experiencing robust commercial real estate activity. The food-manufacturing sector continues to expand and new construction is underway on industrial and multi-family projects.
Industrial Space Available
Panattoni Development is scheduled to break ground in early spring on a three-building 1,039,000 square-foot industrial park at Cordelia and Hale Ranch roads, located across from a fully-leased 970,000 square-foot industrial park developed by Buzz Oates in 2014. The Panattoni building will provide much-needed inventory as Fairfield’s vacancy rate for industrial and warehouse/distribution space was below two percent at the end of September 2015.
Food Manufacturing Grows
Award-winning bakery, Just Desserts’ 75,000 square-foot manufacturing facility is now up and running on a seven-acre site at 5000 Fulton Drive. The company moved to Fairfield in May 2015 because it needed a larger facility. It chose Fairfield for its affordable real estate, business-friendly environment, attractive transportation lanes for shipping and transporting product, and access to skilled workers.
The manufacturing facility includes an in-house quality control laboratory, and test kitchen. The facility is designed and equipped to handle the company’s new organic and premium vegan baked items and has enhanced production capabilities.
Critelli dba The Olive Oil Factory, makers of fine olive oils and vinegars for the food service industry, completed groundbreaking in fall 2015 on a 92,568 square-foot manufacturing/production plant at 770 Chadbourne Road. Buzz Oates is building the facility. It will include additional bottling lines and an olive oil and vinegar tasting room showcasing the company’s Sonoma Harvest Food brand. The new facility will bring in 20 to 30 new jobs. An April 2016 completion date is expected.
Construction is underway on two multi-family projects. Rockville Terrace Luxury Senior Living at 4625 Mangels Boulevard has a May 2016 target completion date. The 107,000 square-foot property consists of 112 assisted living and 36 memory care apartments. It’s expected the senior residence will bring in 100 new jobs.
A.G. Spanos Construction is building Green Valley Apartments at 3900 Business Center Drive. The approximately 13.5 acre site will include eleven, three-story apartment buildings, with a total of 286 luxury apartments. Amenities include a clubhouse, pool and spa, putting greens, and pedestrian access to Solano College.
Fairfield Offers Business Benefits
Fairfield, California appeals to companies because of its central location to the San Francisco Bay Area’s North and East Bay regions, proximity to ports, airports, rail and freeways.
It has value-priced land with room to expand, pre-approved business parks, a diverse and skilled workforce, and affordable housing choices ranging from entry level to executive estates.
The city’s two state-of-the-art water treatment plants offer extensive water and sewer capacity critical for the biotech, pharmaceutical and food and beverage industries. It supports new development, and has a streamlined building approval process.