Development

CA Ventures Completes Development of 123,482 SF Senior Living Community Near Chicago

by Kristin Harlow April 29, 2019

BOLINGBROOK, ILL. — CA Senior Living LLC, the senior housing investment and development division of Chicago-based CA Ventures, has completed the development of Atria at River Trail, a 128-unit seniors housing community in the Chicago suburb of Bolingbrook. The Chicago office of Harley Ellis Devereaux designed the property. Located on 5.8 acres, the two-story community offers 86 assisted living units and 42 memory care units in a 123,482-square-foot building. Louisville, Ky.-based Atria Senior Living will operate the community. Atria operates approximately 200 communities across the United States and Canada.

April 29, 2019

Building-One-Gilbert-Spectrum-Gilbert-AZ

Arizona Development Industrial Western

Graycor Starts Construction of 135,745 SF Industrial Building at Gilbert Spectrum in Arizona

by Amy Works April 29, 2019

GILBERT, ARIZ. — Graycor Construction Co., on behalf of SunCap Property Group, has started construction of a flex industrial building at the Gilbert Spectrum industrial project in Gilbert. The building is the is the first development in the southern portion of the 63-acre project, which is situated at the southwest corner of Elliot and McQueen roads. Known as Building One, the 135,745-square-foot facility will feature 32-foot clear heights, 40 dock-high and four grade-level loading doors, and ESFR sprinklers. Completion is slated for late July. SDHQ Off Road, an off-road vehicle supplier, will occupy 28,000 square feet in the building, with the additional space being developed on a speculative basis and divisible down to 15,000 square feet. Gilbert Spectrum is already home to a 58,289-square-foot, built-to-suit “Satellite Engineering Building” for Northrop Grumman Innovation Systems (formerly Orbital/ATK). Built by Graycor in 2017, the one-story, Class A office building mixes open collaborative areas and task-specific work zones. Building One is one of five new buildings — totaling more than 435,000 square feet — that SunCorp will develop at Gilbert Spectrum as the market demands. At build-out, Gilbert Spectrum will include more than 800,000 square feet in eight to 10 buildings that range in …

April 29, 2019

California Development Multifamily Western

Wood Partners Breaks Ground on 203-Unit Alta Upland Apartments in the Inland Empire

by Amy Works April 29, 2019

UPLAND, CALIF. — Wood Partners has broken ground on Alta Upland, a multifamily property located at 1160 E. 19th St. in Upland. The property is located on the last undeveloped parcel at The Colonies at San Antonio masterplan and is adjacent to The Colonies Crossroads, a retail development. Slated to open in fall 2020, Alta Upland will features 203 apartments in a mix of one-, two- and three-bedroom floorplans. Community amenities will include a pool, spa, clubhouse and fitness center.

April 29, 2019

Development Multifamily Texas

Wood Partners Breaks Ground on 285-Unit Multifamily Project in Fort Worth

by Taylor Williams April 26, 2019

FORT WORTH, TEXAS — Wood Partners, a multifamily investment and development firm with offices around the country, has broken ground on Alta Champions Circle, a 285-unit multifamily project in north Fort Worth. The community will offer one-, two- and three-bedroom units averaging 957 square feet. Units will feature custom granite countertops, stainless steel appliances and individual washers and dryers. Amenities will include a pool, fitness center and outdoor grilling stations. Completion is slated for summer 2020.

April 26, 2019

Development Illinois Midwest Retail

Englewood Construction to Build Two Chicago-Area Projects

by Kristin Harlow April 26, 2019

CHICAGO — Englewood Construction has been named general contractor for two Chicago-area projects. The first is the conversion of a former meatpacking building in Chicago’s Fulton Market neighborhood for commercial use. Construction on the 19,000-square-foot, four-story building will begin this summer. Entrepreneur Aiman Humadieh is the developer. The second project is the construction of a new 6,000-square-foot retail building on the border of Chicago’s Uptown and Buena Park neighborhoods. The project, which is part of the development plans for the neighboring Eight Eleven Uptown residential tower, is a joint venture between Harlem Irving Co. and JDL Development. OKW Architects Inc. is the architect. Completion is slated for late this summer.

April 26, 2019

Speedway-Commerce-Center-III-Las-Vegas-NV

Development Industrial Nevada Western

Harsch Investment Properties Completes 724,608 SF Industrial Project in North Las Vegas

by Amy Works April 26, 2019

NORTH LAS VEGAS, NEV. — Harsch Investment Properties has completed the development of two industrial buildings at Speedway Commerce Center III, located at 6255-6335 N. Hollywood Blvd. in North Las Vegas. Building A features 390,904 square feet and is currently 92 percent leased to several tenants, including Matheson Trucking, Progressive Alloy, Everypet and Artesian Spa. The property has one remaining unit that can accommodate a 30,000-square-foot tenant. Building B features 333,704 square feet and is currently 34 percent leased to several tenants, including Valuepart, 2020 Exhibits and Scholastic Books. The property can accommodate a variety of tenant requirements ranging from 25,000 square feet to 85,000 square feet. Jason Simon, Rob Lujan and Xavier Wasiak of JLL are overseeing the leasing at the property.

April 26, 2019

Colorado Development Mixed-Use Office Restaurant Retail Western

Confluent, Kelmore Break Ground on 140,000 SF Boulevard at Lowry Mixed-Use Project in Denver

by Amy Works April 26, 2019

DENVER — Confluent Development and Kelmore Development have broken ground on The Boulevard at Lowry, a commercial mixed-use redevelopment project in Denver’s Lowry neighborhood. Situated on 1.5 acres, the infill development will feature 140,000 square feet of restaurant, retail and office space. A 25,000-square-foot Lucky’s Market will anchor the property. Additional tenants will include a 1,750-square-foot Logan House Coffee Co. Completion is slated for fourth-quarter 2020.

April 26, 2019

Centerpointe-Commerce-Center-Moreno-Valley-CA

California Development Industrial Western

Rockefeller Group to Develop 203,000 SF Centerpointe Commerce Center in California

by Amy Works April 26, 2019

MORENO VALLEY, CALIF. — Rockefeller Group has acquired an 8.8-acre industrial land site in Moreno Valley for the development of Centerpointe Commerce Center, an industrial distribution facility. The company plans to begin construction of a 203,000-square-foot project this fall, with completion expected in summer 2020. Located on Cactus Avenue, the cross-docked building will feature 32-foot clear ceiling heights, 8,000 square feet of speculative office improvements, 109 auto parking stalls and 27 trailer parking stalls. Rockefeller Group acquired the property fully entitled and zoned from Newcastle Partners for $5.9 million.

April 26, 2019

Development Industrial North Carolina Southeast

Foundry Commercial Breaks Ground on 565,000 SF Spec Industrial Facility in Charlotte

by John Nelson April 26, 2019

CHARLOTTE, N.C. — Foundry Commercial has begun construction of Phase II at WestPark 85, a speculative industrial facility in Charlotte spanning 565,000 square feet. The project will feature 36-foot clear heights, cross-dock configuration, more than 560 auto parking spaces, more than 200 trailer parking positions and LED lighting. Foundry serves as the developer/owner, leasing agent, project manager and property manager for the entire 1.1 million-square foot WestPark 85 project in partnership with Principal Real Estate Investors. The second phase is expandable up to 100,000 square feet and is currently the largest speculative industrial facility underway in the Carolinas, according to Foundry, which expects to deliver the facility later this year.

April 26, 2019

Development Georgia Industrial Southeast

Plastic Express Plans $172M Industrial Expansion Near Port of Savannah

by John Nelson April 25, 2019

POOLER, GA. — Plastic Express has announced plans to expand its operations at the Port Logistics Center near the Port of Savannah with two new manufacturing facilities. The $172 million investment is expected to create 166 new jobs. Located in Pooler, the 172-acre Port Logistics Center is owned and developed by Capital Development Partners Inc. Plastic Express is based in California and operates trucking terminals, warehouses, docks and packaging plants across the country. Griff Lynch, executive director of the Georgia Ports Authority, said in a statement that the project will help establish the Port of Savannah as a leader in the exportation of plastic resins to the oil and gas industry. Genesee & Wyoming will provide rail service for the facility via its Georgia Central Railway. Plastic Express expects to occupy its new facilities in October.

April 25, 2019

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