UPS makes play for 90-acre Boeing site in Long Beach

Long Beach could get new distribution facility if Boeing sells to shipping company

Los Angeles /
Feb.February 28, 2019 10:00 AM
A Boeing C-17 Globemaster and the main assembly building at Boeing’s Long Beach property with CEO Dennis A. Muilenburg and UPS CEO David Abney

United Parcel Service has made a bid for a large aircraft manufacturing facility in Long Beach owned by aerospace giant Boeing.

UPS said it’s been eyeing the 90-acre site since Boeing put it up for sale last fall, according to the Long Beach Press-Telegram. The world’s largest shipping company wants to turn it into a “surprise” delivery hub for the Long Beach area.

The site includes a 1.1-million-square-foot manufacturing facility where for decade Boeing built its popular C-17 Globemaster transport aircraft. The site sits next to the Long Beach Airport.

The arrangement has UPS renting the site from another entity that has put in a bid to buy it from Boeing. Boeing wouldn’t confirm that a UPS bid was in place, but Long Beach city officials told the Press-Telegram that the company has received multiple bids for the large parcel and is looking to complete a sale by the end of the year.

UPS said it would invest $300 million into the facility, employ 2,500 people there, and open within two years of taking over the site. The company has a fleet of 200 aircraft and delivers around 15 million packages worldwide each day, according to Supply Chain Digital.

Meanwhile, the city of Long Beach is pushing for aviation-related development for five parcels next door totaling 31 acres. The city said it prefers to lease out the parcels on 20- to 40-year terms.

Long Beach is currently developing a specific plan for the area that it calls the “Globemaster Corridor,” a nod to Boeing’s longtime presence. [Long Beach Press-Telegram]Dennis Lynch 


Related Articles

arrow_forward_ios
Renderings of One Beverly Hills and Beny Alagem. (One Beverly Hills, Getty)
Beny Alagem’s $2B Beverly Hills project gets go-ahead
Beny Alagem’s $2B Beverly Hills project gets go-ahead
The San Pedro Fish Market is one of the top-grossing restaurants in the U.S. (Getty, Facebook via San Pedro Fish Market and Restaurant / Photo Illustration by Alison Bushor for The Real Deal)
San Pedro Fish Market plans new “supersize” restaurant
San Pedro Fish Market plans new “supersize” restaurant
The Chateau Marmont (Getty) and protest signs (Unite Here Local 11)
Chateau Marmont workers say iconic West Hollywood hotel misused rescue funds
Chateau Marmont workers say iconic West Hollywood hotel misused rescue funds
Small Business Administration administrator Isabel Guzman (Getty, iStock)
Starved for relief: Restaurants seek $76B, far more than budgeted
Starved for relief: Restaurants seek $76B, far more than budgeted
Goodman CEO Greg Goodman and a rendering of the facility. (Goodman)
Goodman’s massive logistics center will target e-commerce tenants
Goodman’s massive logistics center will target e-commerce tenants
California is waiting to adopt the CDC maskless decision. (Getty)
California still says mask up at office, for now
California still says mask up at office, for now
Hudson Pacific Properties CEO Victor Coleman with 3400 Hillview and 3176 Porter (Getty, HPP)
Hudson Pacific posts profit after 2 straight quarters of losses
Hudson Pacific posts profit after 2 straight quarters of losses
Mariposa on 3rd
CGI Strategies secures $42M loan on Koreatown apartment complex
CGI Strategies secures $42M loan on Koreatown apartment complex
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...