Development

Construction Begins for 141,027 SF Speculative Industrial Building in San Diego

by Amy Works May 3, 2019

SAN DIEGO — An undisclosed developer has broken ground on RB Vista, the first new speculative industrial building in Rancho Bernardo area of San Diego in 10 years, according to JLL. Situated on 10.1 acres on Via Del Campo, RB Vista will feature a 141,027-square-foot industrial building that can accommodate a variety of requirements ranging from 70,000 square feet to 141,027 square feet. The facility will include 32-foot minimum warehouse clear height, 36 dock-high loading doors, manufacturing power, 135-foot court, ESFR sprinklers and a highly secure site. Completion is slated for first-quarter 2020. JLL’s Andy Irwin and Jay Alexander are overseeing leasing of the property.

May 3, 2019

Development New Jersey Northeast Office

Prism Capital Partners to Develop Two Office Towers Totaling 400,000 SF in Clifton, New Jersey

by Taylor Williams May 3, 2019

CLIFTON, N.J. — Prism Capital Partners, a locally based owner-operator of commercial properties, will develop two office buildings in Clifton, New Jersey, a northern suburb of Newark. The project will add approximately 400,000 square feet of Class A space to ON3, the company’s 116-acre campus in Clifton that also extends into nearby Nutley Township. Prism has retained Chicago-based Goettsch Partners to design the buildings, construction timelines for which have not yet been released. Prism expects that corporate tenants and users will employ more than 5,500 people at ON3 by 2021.

May 3, 2019

Development Healthcare Massachusetts Northeast

Gutierrez to Convert Burlington BioCenter in Massachusetts Into 109,500 SF Lab Facility

by Taylor Williams May 3, 2019

BURLINGTON, MASS. — The Gutierrez Co., a development and management firm that is active in the Boston area, will convert Burlington BioCenter, located about 15 miles northwest of Boston, into a 109,500-square-foot lab facility. The repositioning project is expected to be complete by 2019. The new facility will offer four stories of lab space, interconnecting stairways, abundant parking and an open design aesthetic. JLL is handling leasing and marketing of the new space.

May 3, 2019

Development Industrial Midwest Wisconsin

Morgan/Harbour to Construct Milwaukee Speculative Warehouse on Behalf of Scannell

by Kristin Harlow May 3, 2019

MILWAUKEE — Morgan/Harbour Construction has been selected to build a 150,000-square-foot speculative warehouse on behalf of Scannell Properties in Milwaukee. Located on a 12.5-acre parcel, the building will feature 15 exterior docks and 22 trailer stalls. Paul Woody Architect Inc. and Pinnacle Engineering Group make up the project team. Jeff Hoffman of The Boerke Company will market the property for lease. Completion is slated for this fall.

May 3, 2019

Development Midwest Minnesota

Kraus-Anderson Begins $24.7M Expansion at High School in Minnesota

by Kristin Harlow May 3, 2019

NEW BRIGHTON, MINN. — Kraus-Anderson has begun construction on a $24.7 million expansion at Irondale High School in New Brighton, about 10 miles north of Minneapolis. Designed by Wold Architects and Engineers, the 80,000-square-foot project features seven new classrooms and breakout spaces, expanded hallways, open spaces, a 5,600-square-foot administration office, science lab and a 650-seat auditorium. Plans also call for the removal of the pool to accommodate a new fitness center and multipurpose area. Most of the project is expected to be completed by December 2020.

May 3, 2019

Development Georgia Industrial Southeast

CT Realty Begins Construction on 1.7 MSF Distribution Center Portfolio in Metro Atlanta

by Alex Tostado May 2, 2019

FAIRBURN, GA. — CT Realty has begun construction on two industrial buildings totaling approximately 1.7 million square feet within Palmetto Logistics Park, which is situated 16 miles southwest of Hartsfield-Jackson Atlanta International Airport and next to CSX-Fairburn Intermodal Terminal in Fairburn. The two facilities mark Phase II of the 358-acre distribution center campus that is expected to be complete in 2020. Phase I comprised 1.1 million square feet and was completed in late 2018. CT Realty partnered with Port Logistics Realty; River Oaks Capital Partners; and PGIM Real Estate, the real estate investment business of Prudential Financial Inc., to develop Palmetto Logistics Park. Construction is underway on the first building of Phase II, a more than 1 million-square-foot building that is slated for completion in the first quarter of 2020. Preliminary site work has begun on the second building, a 705,474-square-foot building that is scheduled to be delivered in the second quarter of 2020.

May 2, 2019

Development Industrial South Carolina Southeast

Panattoni, PCCP to Develop 522,670 SF Industrial Project in Upstate South Carolina

by Alex Tostado May 2, 2019

DUNCAN, S.C. — Panattoni Development Co. Inc. and PCCP LLC have formed a joint venture to develop Apple Valley Industrial Park Phase IV, a two-building, 522,670-square-foot industrial project in Duncan. Building I will span 195,000 square feet and Building II will span 327,670 square feet. Construction began May 1 with a delivery date anticipated for early 2020. Phase IV is situated adjacent to the first three phases of the industrial park, which will span 1.4 million square feet at full buildout. Apple Valley Industrial Park is situated near Interstate 85, two miles south of BMW’s manufacturing facility in Spartanburg and six miles south of Inland Port Greer.

May 2, 2019

California Development Multifamily Seniors Housing Western

Oakmont Prepares to Open 86,839 SF Seniors Housing Community Near Los Angeles

by Amy Works May 2, 2019

CAMARILLO, CALIF. — Oakmont Senior Living has opened a welcome center at Oakmont of Camarillo, its upcoming seniors housing community in Camarillo, approximately 60 miles northwest of Los Angeles. The 86,839-square-foot property is scheduled to open around the end of the year. When completed, the three-acre community will offer 60 assisted living and 25 memory care apartments. Ted Burgess is executive director of Oakmont of Camarillo.

May 2, 2019

Development Multifamily New Jersey Northeast

JMF Properties Breaks Ground on 110-Unit Multifamily Community in Glen Ridge, New Jersey

by Taylor Williams May 2, 2019

GLEN RIDGE, N.J. — Locally based developer JMF Properties has broken ground on Clarus Glen Ridge, a 110-unit multifamily community in Glen Ridge, located northwest of Newark. The transit-served property will offer one- and two-bedroom units and an array of amenities, including a fitness center with a yoga studio, business center, library, billiards room and outdoor grilling and seating areas. JMF Properties expects to open the property in spring 2020.

May 2, 2019

Development Multifamily Texas

Northfield to Develop 85-Unit Residential Project in Dallas’ Lakewood Area

by Taylor Williams May 2, 2019

DALLAS — Local developer Northfield Development LLC will build The Drake at White Rock, an 85-unit residential project that will be located in the Lakewood area of Dallas. The property will comprise seven stories and 257,000 square feet. Amenities will include a pool, fitness center, bike and personal storage spaces and concierge services. Moss is serving as the construction manager, and GDA Architects LLC is designing the project. Construction, the contract for which is valued at $28.5 million, is slated to begin this month and wrap up in late 2020.

May 2, 2019

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