Development

Stream Realty, Principal Asset Management Complete 1 MSF Spec Industrial Project Near Port Houston

by Taylor Williams September 13, 2023

HOUSTON — A joint venture between Stream Realty Partners and Principal Asset Management has completed Portside Logistics Center, a 1 million-square-foot speculative industrial project located near Port Houston in Baytown. Portside Logistics Center consists of an expandable 760,000-square-foot, cross-dock building and a flexible 260,000-square-foot, front-load building. The structures offer 40- and 36-foot heights, respectively, as well as office space and fully fenced truck courts. Stream is also the leasing agent for the property.

September 13, 2023

Development Industrial Texas

H-E-B Opens 100,000 SF E-Commerce Fulfillment Center in Katy, Texas

by Taylor Williams September 13, 2023

KATY, TEXAS — Texas-based grocer H-E-B has opened a 100,000-square-foot e-commerce fulfillment center at 2102 Elrod Road in the western Houston suburb of Katy. The facility, which is expected to employ about 300 people on full- and part-time bases, is the seventh that the grocer has opened in Texas since 2018, with more planned to launch by the end of next year.

September 13, 2023

Craig-Road-Logistics-Center-North-Las-Vegas-NV

Development Industrial Nevada Western

Rockefeller Group to Redevelop Former Walmart Site in North Las Vegas into Craig Road Logistics Center

by Amy Works September 13, 2023

NORTH LAS VEGAS, NEV. — Rockefeller Group has acquired a former Walmart Supercenter site for the development of Craig Road Logistics Center, an industrial project at the intersection of Craig Road and North Nellis Boulevard in North Las Vegas. Terms of the transaction were not released. Situated on 19 acres, Craig Road Logistics Center will feature two speculative building offering a total of 369,198 square feet of industrial space. The 227,660-square-foot building will feature 36-foot clear heights, 176 auto parking stalls and 29 dock doors. The 141,538-square-foot facility will offer 32-foot clear heights, 219 auto parking stalls and 18 dock doors. Additionally, both buildings will offer a variety of state-of-the-art features to ensure the project is a Class A facility. Lee & Sakahara Architects will design the project, TWC Construction will serve as general contractor and Taney Engineering will serve as civil engineer. Rockefeller Group represented itself in the land purchase. Jason Simon and Rob Lujan of JLL’s Las Vegas office will be listing brokers for the project.

September 13, 2023

Development Industrial Nevada Western

Alston Construction Breaks Ground on $18M Simmons Airpark Industrial Project in Las Vegas

by Amy Works September 13, 2023

LAS VEGAS — Alston Construction, as general contractor, has started construction of Simmons Airpark, located at 2880 Simmons St. in Las Vegas. Situated on 9 acres, Simmons Airpark will feature a 182,184-square-foot warehouse with 36-foot clear heights, concrete tilt walls and a panelized roof structure. The project team includes Panattoni Development as owner and developer, Lee & Sakahara Architects as architect and Taney Engineering as civil engineer. The $18 million project is slated for completion in June 2024.

September 13, 2023

Development Illinois Industrial Midwest

Peak Construction Underway on 219,041 SF Spec Warehouse in Joliet, Illinois

by Kristin Harlow September 13, 2023

JOLIET, ILL. — Peak Construction Corp. is underway on Rock Run Crossing 2 within Rock Run Crossings Business Park in Joliet. The 219,041-square-foot speculative warehouse will feature a clear height of 36 feet, 24 dock doors, two drive-in doors, parking for 209 cars, 63 trailer parking stalls and 2,000 square feet of office space. Completion is slated for the end of the year. The project team includes architect Ware Malcomb, civil engineer Jacob & Hefner Associates Inc. and developer IDI Logistics.

September 13, 2023

Development Illinois Industrial Midwest Office

Summit Breaks Ground on Farm Foundation’s Innovation, Education Center in Suburban Chicago

by Kristin Harlow September 13, 2023

LIBERTYVILLE, ILL. — Summit Design + Build has broken ground on Farm Foundation’s Innovation and Education Center located on the Casey family farm in Libertyville. The nonprofit will occupy a 4,000-square-foot educational barn on a 14-acre site. The project will be home to a media room, demonstration kitchen and office space. There will also be various educational programs aimed to address the critical issues shaping the future of agriculture and food systems. Kahler Slater is the architect, and JLL is the property manager.

September 13, 2023

Development Massachusetts Multifamily Northeast Seniors Housing

Anthology Opens Two New Seniors Housing Communities in Boston Area

by Taylor Williams September 13, 2023

NATICK AND MILLIS, MASS. — Anthology Senior Living has opened Anthology of Natick and Anthology of Millis, both located in western suburbs of Boston. Located just outside the city center on 5.5 acres, Anthology of Natick offers assisted living and memory care. Anthology of Millis is a luxury community offering independent living, assisted living and memory care services. Callahan Construction Managers served as the general contractor on both projects. The number of units at each property was not disclosed.

September 13, 2023

Development Industrial North Carolina Southeast

Beacon Partners to Expand Carolina Logistics Park in Pineville, North Carolina by 434,500 SF

by John Nelson September 12, 2023

PINEVILLE, N.C. — Beacon Partners has begun the expansion of Carolina Logistics Park, a 288-acre industrial park in Pineville that currently spans more than 3.5 million square feet. The expansion will add two new buildings totaling 434,500 square feet, with build-out options starting at 21,615 square feet. The buildings will feature 32-foot clear heights, build-to-suit offices, concrete truck courts, automobile and trailer parking and ESFR sprinkler systems. The project team includes general contractor The Conlan Co., Merriman Schmitt Architects and Orsborn Engineering Group. CIBC Bank USA is providing financing for the new buildings. Beacon Partners expects to deliver the expansion in mid-year 2024. Tim Robertson will handle the leasing assignment for the project on an internal basis. Beacon Partners recently completed a 900,000-square-foot expansion across three buildings within the park. W.W. Grainger Inc. occupies 525,624 square feet within that section. Other tenants at the overall Carolina Logistics Park include Amazon, Carolina Foods and Empire Distributors.

September 12, 2023

Development Leasing Activity Mixed-Use Multifamily Restaurant Retail Southeast Tennessee

Portman Adds Retrograde Coffee, Social Cantina to Starling Apartment Tower Underway in Nashville

by John Nelson September 12, 2023

NASHVILLE, TENN. — Atlanta-based Portman has signed two new food-and-beverage tenants to occupy commercial space at Starling, a 363-unit apartment tower underway in Nashville’s Germantown neighborhood. The new tenants include Retrograde Coffee, a neighborhood coffeeshop, and Social Cantina, a modern Mexican restaurant and tequila bar. The coffeeshop will be the first café to front the Cumberland River Greenway, which Portman will expand to directly interface with the Starling tower, and the restaurant will be the first Southeast location for Social Cantina and will feature an outdoor patio. In addition to 17,000 square feet of commercial space, Starling will feature a game room, library, coworking space and a rooftop pool deck overlooking First Horizon Park. Portman plans to deliver the first units in January and fully complete the project in March. In addition to Starling, Portman’s current Nashville projects include the 1,475-unit Eleven North residential development that will break ground in 2025 and the recently delivered Moore Building in Music Row.

September 12, 2023

Development Multifamily Texas

Bridgeview Multifamily to Develop 250-Unit Project in Arlington

by Taylor Williams September 12, 2023

ARLINGTON, TEXAS — Dallas-based Bridgeview Multifamily will develop a 250-unit project on a 6.3-acre site at 800 W. Bardin Road in Arlington. The development, which has tentatively been dubbed Mercantile Lofts, will consist of a four-story building with three-story wings. Units will come in one- and two-bedroom floor plans and average 796 square feet, and amenities will include a pool, courtyard and a single-level parking garage. Construction is expected to begin next summer.

September 12, 2023

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