POUGHKEEPSIE, N.Y. — Developer and general contractor Mid Hudson Construction Management has begun leasing Birchwood Commons, a 20-unit multifamily project located north of New York City in Poughkeepsie. The property consists of four buildings that each house five two-bedroom apartments. Residences are furnished with stainless steel appliances, quartz countertops and walk-in closets. Rents start at $2,750 per month.
Development
JACKSONVILLE, FLA. — The NFL’s Jacksonville Jaguars have opened the Miller Electric Center, a $120 million practice facility in downtown Jacksonville. The 125,000-square-foot facility comprises an indoor practice field, offices, locker rooms, a draft room, shaded viewing area, concessions, team retail store and medical facilities. The Miller Electric Center is a public-private partnership between the Jaguars and the City of Jacksonville. The city also owns TIAA Bank Field, the Jaguars’ home stadium that is in the planning stages for a roughly $1 billion overhaul. The city and Jaguars owner Shad Khan would share the expense if they can reach an agreement on the stadium and accompanying extension of the team’s lease, according to The Florida Times-Union. The Jaguars organization plans to begin its training camp at the new practice facility Wednesday, July 26. The team hosted a ribbon-cutting ceremony for Miller Electric Center yesterday that featured Khan, along with newly inaugurated Jacksonville Mayor Donna Deegan, Jaguars president Mark Lamping and Jaguars head coach Doug Pederson, among others. Stadium of the Future In June, the Jaguars unveiled conceptual designs for its “Stadium of the Future,” a design project nearly three years in the making intended to spark a transformation of the city’s …
CEDAR HILL, TEXAS — Pratt Industries, a Georgia-based provider of recycled paper and packaging products, has opened a $253 million manufacturing facility in Cedar Hill, a southern suburb of Dallas. About 375 people will eventually work at the 1.1 million-square-foot facility, which will be known as the Cedar Hill Corrugating & Innovation Center. With the opening of this facility, Pratt now employs about 11,500 people across 71 factories in 25 states.
WAXAHACHIE, TEXAS — A joint venture between two locally based firms, 2GR Equity and Connell Realty Services Inc., has completed construction of Cardinal Self Storage, a 570-unit facility located in the southern Dallas suburb of Waxahachie. Dallas-based Lone Star Self Storage will operate the 76,000-square-foot facility, which is located at the corner of State Highway 77 and Cardinal Road. Merriman Anderson Architects designed the project, and Simmons Bank provided construction financing.
Keith Corp., IDM Ventures to Develop 185-Acre Industrial Park in High Point, North Carolina
by John Nelson
HIGH POINT, N.C. — The Keith Corp. and IDM Ventures have formed a joint venture to develop South Point Commerce Center, a 185-acre industrial park in High Point, a city in North Carolina’s Triad region. The eight buildings will be build-to-suits ranging from 73,500 to 342,000 square feet. All of the buildings will feature rear-load configurations and offer auto and truck parking. Also, the site provides the option to combine two parcels to create a larger, cross-dock building spanning more than 600,000 square feet. South Point Commerce Center will be situated one mile from the I-85 business loop and near I-74, I-73 and I-40. Keith Corp. and IDM have tapped Spencer Yorke, Al Williams and Jay Hill of JLL to market and lease the park.
BOCA RATON, FLA. — CP Group, an office real estate owner-operator based in Boca Raton, plans to complete 340,000 square feet of its “worCPlaces” flexible office suites this year. Launched in 2021, worCPlaces includes three different types of spaces: Cowork Places, a scalable coworking office space for small and growing teams; Flex Places, individual suites with shared amenities that are ideal for high-growth companies; and Spec Places, traditional move-in-ready, pre-built office suites. All worCPlaces suites offer flexible lease terms between two and 10 years, and tenants can access personalized company branding on their suite entrances, as well as hybrid meeting spaces, flexible workstations, dedicated break and copy/storage space, internet access and printing. CP Group’s properties that will soon house worCPlaces include Paces West, Bank of America Plaza and 5600 Glenridge in Atlanta, as well as Two Town Center and Boca Raton Innovation Campus in Boca Raton.
URBANDALE, IOWA — WorldWide Logistics has opened its new 76,000-square-foot headquarters in Urbandale, a northwest suburb of Des Moines. The two-story building provides office space for corporate and customer service center teams that were previously housed in three separate buildings in Urbandale. Amenities include a café, collaborative areas, markets, outdoor patio and quarter-mile walking path. Established in 1999, WorldWide Logistics is a third-party logistics company. The Opus Group served as the design-builder, interior designer, architect and structural engineer.
PAPILLION, NEB. — Investors Realty has brokered the sale of 38.5 acres of land at 14289 Prairie Corners Road in Papillion, a southern suburb of Omaha. The sales price was undisclosed. Kevin Stratman of Investors Realty represented the buyer, Keizer Refrigeration/Mid States Utility, which plans to relocate its Omaha operations to a new 50,000-square-foot facility to be built on the site. Located just north of a new Amazon fulfillment center, the tract of land is one of the final undeveloped industrial sites on the Highway 50 corridor, according to Investors Realty. Denny Sciscoe of Cushman & Wakefield/The Lund Co. and Erin Pogge of Traction CRE represented the undisclosed seller.
NEW BRITAIN, CONN. — WinnDevelopment has broken ground on an $85 million redevelopment project in New Britain, located outside of Hartford, that will convert a historic industrial facility into a 154-unit affordable housing complex. The four-building site formerly housed the 115-year-old manufacturing facility for household appliances provider Landers, Frary & Clark. The new community will be known as Ellis Street Commons and will feature 79 one-bedroom units, 59 two-bedroom residences and 16 three-bedroom apartments. Units will be reserved for renters earning between 30 and 80 percent of the area median income. Amenities will include a fitness center, community room, game room and flexible workspaces. The Connecticut Department of Housing provided $4 million in state funding for the project, and the National Housing Trust Fund made a $3.8 million federal contribution. The Connecticut Housing Finance Authority provided an undisclosed amount of tax credit equity and tax-exempt bonds for the project. The first units are expected to be available for occupancy in mid-2025.
Hendy Designs 39,550 SF Headquarters for Outdoor Apparel Brand in Costa Mesa, California
by Jeff Shaw
COSTA MESA, CALIF. — Hendy has completed the design of a 39,650-square-foot headquarters for outdoor apparel and gear brand 5.11 Tactical in Costa Mesa, approximately 40 miles southeast of Los Angeles. Finalized in less than 12 months from kickoff to buildout, the interior architecture integrates the apparel brand’s distinctive product materials, textiles and gear into the design. The project team included representatives from JLL, RAM Construction, Millpro USA, Impact Visual Arts and SOURCE Creative Office Interiors.