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McClellan Business Park Announces Sale of 3.34 Acres for H&E Equipment Services, Inc.

McClellan Business Park Announces Sale of 3.34 Acres for H&E Equipment Services, Inc.

McClellan Business Park is pleased to announce the recent sale of 3.34 acres for development of a branch operation for H&E Equipment Services, Inc.  The branch facility will include a 19,600 sf sales/service building and equipment rental yard on the site to serve the growing regional commercial construction industry. The Baton Rouge, LA company is one of the largest integrated equipment services companies in the United States focused on heavy construction and industrial equipment, and trades on the Nasdaq Global Select Market under the symbol HEES.  The company rents, sells and provides parts and service support for hi-lift or aerial platform equipment, cranes, earthmoving equipment and industrial lift trucks.  H&E has 70 construction equipment supply facilities across the country including one in Rancho Cordova.  According to the project developer, “H&E selected the McClellan location because of its proximity to Interstate-80, the ability to serve customers in the I-80 corridor, and the opportunity to build business relationships from the Bay Area to Auburn and North up the Interstate-5.” Ken Giannotti, McClellan Park Senior Vice President added, “H&E Equipment Supply’s selection of McClellan Santa Ana Business Park adds further recognition of McClellan’s regional business identity. We continue to find that industrial and office customers appreciate the Park’s transformation to a high quality, mixed use Business Park; it’s a great place to do business in the Sacramento region.”

H&E is now proceeding with the City of Sacramento building permit processes and preliminary construction planning. Construction is slated to begin later this summer, and the facility is planned to be open in early 2016.

The 3.34 acre site is located in McClellan’s Santa Ana Business Park, at the northeast corner of Main Avenue and Santa Ana Avenue in the city of Sacramento, California. Santa Ana Business Park is a fully improved 35 acre business park; public roads and site infrastructure were completed in 2006.  Several parcels have been sold and or developed, including Mirant Glass (75,000 sf building), California State Parks corporation yard (3 acres) and Mike Long Construction (proposed 10,000 sf warehouse building (on 3 acres).

Jeff Pehrson of TRI Commercial and Craig DeMiranda of Lee and Associates represented H&E Equipment Supply in the purchase and sale transaction.

 

About McClellan Park:
The County of Sacramento selected McClellan Business Park, LLC, in 1999 to acquire and redevelop McClellan Air Force Base. McClellan Air Force Base was renamed McClellan Business Park (McClellan Park) in 2001.  McClellan Park boasts a fully-operational airport, full-service hotel, fitness facility, rail system, office, industrial, retail and dormitories.  The project consists of 3,000 acres with approximately 8.5 million square feet of useable buildings and 500 acres of developable land and is fully entitled for over 16 million square feet of commercial, retail, office and residential buildings.  For additional information, please visit McClellan Business Park’s website at
http://www.mcclellanpark.com.



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