Sacramento, Calif. – Harsch Investment Properties, a privately-held real estate investment, development and management company, has signed a 60,000 square foot build to suit lease for multinational corporation TOMRA, at the Riverside Commerce Center in West Sacramento.
“TOMRA is creating and using cutting-edge technology to help contribute not only to a better economy, but to a better environment. This facility will be a food sorting and peeling facility,” said Don Little, senior vice president of development and Bay Area operations for Harsch Investment Properties. “This new building will provide TOMRA with a best in class facility in West Sacramento and support its growth and leadership in the industry. They are a great partner with a bright future and Riverside Commerce Center is a perfect home for them.”
TOMRA, a leading global creator of sensor-based solutions for optimal resource productivity, helps their customers increase financial results and reduce environmental impact through collection and sorting solutions. The international company has more than 40 years’ experience supplying superior solutions including food sorting, peeling and process analytics to the global fresh and processed food industry. TOMRA signed a 60,000 square foot lease for a 12 year term. The company was represented by Kevin Jasper of Cornish & Carey Commercial Newmark Knight Frank in the deal. Mike Kelley of Kelley Commercial served as TOMRA’s development consultant.
“Our food sorting solutions division has been part of the Sacramento community for more than 30 years and the West Sacramento community for 17 years. Significant growth of our business has created the need for a new facility to accommodate our employees, services and customers,” said Ashley Hunter, president and sales director for the Americas and Australasia at TOMRA Sorting Food. “Working with Harsch on our build to suit was the perfect solution. TOMRA Sorting is able to stay in the City and will soon have a state-of-the-art facility complete with meeting spaces and a demonstration area, in addition to the TOMRA Sorting Solutions Center, for the ultimate customer experience, where they can trial their own sorting challenges.”
Construction on the Riverside Commerce Center is set to commence in August 2013, with an estimated completion date of March 2014. The building was designed by architecture firm VLMK Consultant Engineering, Portland and will be built by general contractor Brown Construction, Inc., West Sacramento. Harsch Investment Properties was also represented by Kevin Jasper of Cornish & Carey Commercial Newmark Knight Frank.
“From the City’s perspective, this deal is great for economic development adding to the growing food hub of our region. The construction of the build to suit, coupled with the addition of a leading international corporation, will bring countless jobs to our residents,” said West Sacramento Mayor Christopher Cabaldon. “We are always excited to see this type of growth and look forward to the myriad opportunities it will bring.”
About Harsch Investment Properties
Harsch Investment Properties is a privately held real estate company that acquires, manages and develops properties for its own portfolio. Founded in 1950, the company owns and operates 20 million square feet of office, multi-tenant industrial, multi-family and retail properties in five western states. Headquartered in Portland, Oregon, Harsch has regional offices in Portland, Seattle, the San Francisco Bay Area, Sacramento, Las Vegas, and San Diego. More information can be found by going to http://www.harsch.com.