Fresno Yosemite International is mid-way through a $150 million expansion.
Less than a mile away, AT&T runs the Central Valley's largest field operations center.
We just acquired that site.
Westlake Realty Group is pleased to announce the acquisition of 3375 Peach Avenue, a 7.31-acre Industrial Outdoor Storage facility in Clovis, California, fully leased to AT&T.
The site includes a 15,000 SF office building and a 13,200 SF warehouse and truck maintenance shop, with eight crew rooms, a training area, multiple service bays, and a fully secured yard with dual access points. It serves as AT&T's primary hub for fiber, wireless, and network infrastructure deployment across the region.
The property is also surrounded by Fresno County's office campus, providing long-term redevelopment optionality on top of the in-place yield.
The lease runs through November 2027 with a three-year extension option followed by a two-year option. AT&T built the site in 2000 and has been there ever since. Going-in cap rate is 7%.
A credit tenant. A mission-critical use. A market with real infrastructure investment behind it.
Grateful for the continued trust of our investors, partners, and family as we grow the Westlake IOS platform. Thank you to our brokers Lyman Phillips and Jack Wood.
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