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Port of Oakland in talks to build Seaport Logistics Complex

Press Releases, Seaport
November 13th, 2015

Press Release

For Immediate Release
November 13, 2015

Port of Oakland in talks to build Seaport Logistics Complex

Twenty-acre site is next phase of plan to grow cargo volume

Oakland, CA - November 13, 2015: Talks have begun to develop the next phase of a 170-acre Seaport Logistics Complex at the Port of Oakland. Port Commissioners gave the go-ahead last night, authorizing exclusive negotiations between the Port and industrial real estate developer CenterPoint Properties.

The Port and developer were given six months to reach agreement on building a portion of the complex. The new project would encompass 20 acres of Port property. It would include transload and cross-dock facilities where importers could swiftly transfer containerized cargo from ships to trains. CenterPoint, a major developer of transportation-related real estate projects, would build and lease the facilities to tenants involved in international logistics.

"We're pleased to engage with one of the most respected names in industrial development,” said Maritime Director John Driscoll, the Port's lead negotiator. "And we're excited to realize our vision for the Seaport Logistics Complex.

The 20-acre facility will be built on land acquired by the Port at a decommissioned army base. It will be adjacent to phase one of the Seaport Logistics Complex, a 13-track rail yard that's nearing completion.

Port officials said they're creating the largest logistics complex at any West Coast U.S. port. It's intended to make the Port of Oakland a magnet to attract additional containerized cargo volume. In subsequent phases of development, the Port plans to construct a regional distribution center and warehouses at the complex.

About the Port of Oakland
The Port of Oakland oversees the Oakland seaport, Oakland International Airport, and 20 miles of waterfront. Together with its business partners, the Port supports more than 73,000 jobs in the region and nearly 827,000 jobs across the United States. Connect with the Port of Oakland and Oakland International Airport through Facebook, or with the Port on Twitter, YouTube, and at www.portofoakland.com.

Contact:

Robert Bernardo,
Communications Manager
Port of Oakland
(510) 627-1401

Marilyn Sandifur,
Port Spokesperson
Port of Oakland
(510) 627-1193