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NORTHERN CALIFORNIA NEWS
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Lease for 103k sf at the Contra Costa Logistics Center is an Enchanting Deal

10/03/22

Canadian-based live event production company Enchant inked a lease for 103k sf of space at the Contra Costa Logistics Center in Oakley, a NoCal city situated roughly midway between San Francisco and Sacramento. Terms of the deal were not disclosed.

Located at 4300 Wilbur Ave in Oakley, the Contra Costa Logistics Center is a new Class A industrial facility under construction with scheduled occupancy in the fourth quarter of 2022. Enchant Christmas will occupy Building 3, which includes 36 ft. clear heights, 42 dock doors, trailer parking and drive-in doors.

Greg Smyth, John Salamida and Jon Casella of CBRE represented Enchant, producers of the world’s largest holiday-themed illuminated event, in the deal. Brooks Pedder, Tony Binswanger and John McManus of Cushman & Wakefield repped the Contra Costa Logistics Center.

“The Bay Area industrial market has one of the lowest vacancies in the country, so large new industrial deliveries like the Contra Costa Logistics Center are extremely rare. With limited land available in the region, Oakley has emerged as a vibrant industrial market for state-of-the-art Class A space. Its high-quality facilities and proximity to both the Bay Area and Sacramento created an advantageous opportunity for Enchant,” said Greg Smyth, first vice president at CBRE.

CBRE reported industrial vacancy in the Antioch/Oakley submarket was 4.9% in the second quarter of 2022, with 288k sf of planned construction in Northeast Contra Costa County.

“Enchant is experiencing a major business expansion as we roll-out our events across the U.S. in major cities, and this facility will allow us more expedient and year-round access to consolidate our growing inventory of production resources in the western region,” said Jerry Nadal, Chief Operating Officer for Enchant.




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