Fairfield Economic update
Sean Quinn, Fairfield City Manager
AAA Northern California announced recently that it plans to relocate 225 employees from current San Francisco and Fairfield offices to a larger office at 5251 Business Center Drive in Cordelia. According to the press release, the relocation should be complete by June 2009.
FedEx Ground Package Systems Inc. recently signed a 10-year lease at 5191 Fermi Drive in Fairfield for 330,750 square feet of high-ceiling warehouse space. According to a recent article in the San Francisco Business Times, this lease was the largest industrial East Bay lease in 2008. The site is one of Solano County’s largest industrial properties, and is triple the size of the company’s current space in neighboring Benicia. FedEx intends to build additional office space on the site and to increase the number of loading doors. Spring 2009 is the planned target move-in date.
Another recently announced transaction is the development of a new 30,000- square-foot office and administrative center on a 3.37-acre parcel at 4700 Business Center
Drive for Kiewit Corporation, an Omaha-based provider of construction, engineering and mining services to clients nationwide. The company is developing plans and designs for the new structure, but has not yet announced a timetable for construction or occupancy.