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Business Journal: McKesson, B Street Theater, Potter-Taylor

San Francisco-based pharmaceutical distributor McKesson plans to open a distribution center in Roseville that could create more than 160 new jobs.

 

A pharmaceutical distribution center under construction in Roseville could create more than 160 new jobs. McKesson Medical-Surgical is a subsidiary of San Francisco-based McKesson, one of the nation's largest companies. The Sacramento Business Journal's Sonya Sorich says the choice of Roseville was based on analytics showing Roseville as a hub for skilled employees.

"The short list for this project also included states like Nevada that have low tax rates," says Sorich. "So local officials say that they stayed competitive for the project by emphasizing the Roseville area's strong workforce."

McKesson already operates two smaller facilities in the Sacramento area. Those will be consolidated into the new Roseville distribution center. 

"This new facility will be on Foothills Boulevard - hiring is expected to start in the fall," says Sorich. "It will cover more than 300,000 square feet. In the bigger picture, officials say that this could be a big step forward in luring other Fortune 500 companies to the area."

In a few months, Sacramento's B Street Theatre will be moving from its longtime home at 27th and B streets to a new facility 11 blocks away. So this week, the property owner of the 27th and B location put the building up for sale or lease. Sorich says the building could be used for a variety of purposes.

"We could see industrial, manufacturing, warehouse or other office uses there," says Sorich. "Although the property owner does think that the neighborhood probably needs a cafe, bakery or restaurant."

The property owner hopes to have a deal in place by February 1st. The theatre company will begin moving out in November and in February launch its new complex at the corner of 27th Street and Capitol Avenue.

If you thought midtown Sacramento already had enough places for pizza and beer...think again. Sorich says property owner Potter-Taylor and Company is in the process of revamping a building at 1900 S Street from entirely office to mostly retail use.

"We do know two of the retail tenants that will fill that building," says Sorich, "a Mountain Mike's pizza shop and Stone's Throw Tap Room which is a new craft beer business that will include beer and a rotating lineup of food trucks. And about 2,500 square feet at the end of the building is still available."

The site is close to a Safeway shopping center as well as the mixed-use projects Ice Blocks and Midtown Quarters which include significant numbers of residential units.

 business journal

Steve Milne

Morning Edition Anchor & Reporter

Steve is the voice of Capital Public Radio News as anchor of Morning Edition and Insight. He covers stories on a wide range of topics including: business, education, real estate, agriculture and music. Steve also produced stories for CapRadio.org.   Read Full Bio 

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