commercial property management

Property Name: National Distribution Center
Case Study: Industrial Property Management
Property Location: 1000 & 1022 W. Bay Marina Dr. National City, CA 91950
Property Description: Industrial Space, 340,566 Total Square Feet

 

Client Requirements

National Distribution Center consists of over 340,000 square feet, with 21,000 square feet of free-standing office space and 246,066 square feet of distribution space, and sits on a 22 acre site in National City. The Center has 5 tenants, including Harvest Meat Company, O’Neill Wetsuits, Pasha Freight Systems, and BAE Systems San Diego Ship Repair. The Center is rail-served and features dock-height distribution space, cold storage, and office space. National Distribution Center is owned by the San Diego Unified Port District.

Process

For over 20 years, Meissner Jacquet has provided commercial property management, leasing oversight and construction management services to the owners of National Distribution Center.

When Meissner Jacquet initially took over management in 1993, there were a multitude of issues to address, including leasing, major tenant improvements, roof replacements, ammonia refrigeration system upgrade, freon refrigeration system replacement, asbestos removal, and fire sprinkler upgrades.

Throughout the several ownership transitions, Meissner Jacquet has provided the continuity and expertise to persistently execute the major property transactions necessary on time and within budget, such as exterior improvements, including building painting and tenant signage, parking lot improvements, including re-paving and re-striping, and landscape improvements, including installation of drought tolerant plant materials.

Due to strong tenant relationships, Meissner Jacquet has achieved successful leasing supervision and renewals/expansions.

Result

Due to the professional real estate management of National Distribution Center, Meissner Jacquet is recognized in the commercial real estate industry as the only third-party firm to manage National Distribution Center.

Source
Meissner Jacquet Commercial Real Estate Services