CapRock Breaks Ground On Visalia Location
August 27, 2023
VISALIA – On Aug. 24, CapRock Partners announced their groundbreaking of Building I, a 1.27-million-square-foot industrial warehouse development that will provide 100s of jobs once it finishes construction in the third quarter of 2024.
The construction of this facility is part of CapRock’s Central Point masterplan, which upon completion will total up to 5-million-square-feet of logistical distribution space to lease to various companies likely to fall under the “fortune 100 banner;” such as companies like, or akin to, Amazon or UPS.
While CapRock doesn’t currently have a tennent set to occupy the space – which began construction this summer – the facility will allow its occupant to reach over 50 million customers with one-day ground shipping.
“CapRock is excited to be underway in constructing the first building at CapRock Central Point III in Visalia, a vibrant industrial market and logistics hub providing unmatched connectivity in the heart of California’s Central Valley,” CapRock’s senior vice president Bob O’Neill said in a press release.
