Development

Trammell Crow Breaks Ground on 362,000 SF Spec Industrial Facility in Nampa, Idaho

by Amy Works March 25, 2022

NAMPA, IDAHO — Trammell Crow Co. has broken ground on Kings Road Commerce Center, a speculative, Class A manufacturing and logistics space in Nampa. Slated for completion in fourth-quarter 2022, Kings Road Commerce Center will feature three buildings offering a total of 362,000 square feet of space. The rear-load buildings will range in size from 99,664 square feet to 150,735 square feet and will accommodate tenants of 25,000 square feet up to 150,000 square feet. The facility will feature 30- to 32-foot clear heights, 60-foot speed bays, 50-foot column spacing, 35 trailer stalls and 557 auto stalls. The project team includes Ware Malcomb as architect, Kimley Horn as civil engineer and ESI Construction as general contractor. Jake Miller and Harrison Sawyer of CBRE will handle leasing at the development.

March 25, 2022

Acquisitions Development Industrial Utah Western

ViaWest Enters Salt Lake City Market, Plans 171,600 SF Spec Industrial Building

by Amy Works March 25, 2022

SALT LAKE CITY — Phoenix-based ViaWest Group has acquired an 18-acre industrial development site at 3255 W. 500 South in Salt Lake City. Terms of the transaction were not released. The site contains an existing 37,000-square-foot industrial building, which was built in 2016. Phillip Eilers of Cushman & Wakefield represented the ViaWest Group and James Merrill of cRc Nationwide represented the undisclosed seller in the deal. ViaWest plans to split the existing lot, creating a separate 11-acre parcel on which it will construct a new 171,600-square-foot Class A speculative industrial building to accompany the existing building on the property.

March 25, 2022

Development Industrial Texas

Navistar Opens 1 MSF Truck Manufacturing Facility in San Antonio

by Taylor Williams March 25, 2022

SAN ANTONIO — Navistar (NYSE: NAV), an Illinois-based truck and bus manufacturer, has opened a nearly 1 million-square-foot facility in San Antonio. The site is located along Interstate 35 and links the company’s supply bases in Mexico and the United States. The plant includes a body shop, paint shop, general assembly shop and logistics center equipped to produce various vehicles, including electric models. Navistar is in the process of hiring as many as 600 people to operate the facility.

March 25, 2022

Development Multifamily Texas

Sparrow Partners, Welltower Underway on 195-Unit Active Adult Community in Metro Austin

by Taylor Williams March 25, 2022

PFLUGERVILLE, TEXAS — Austin-based developer Sparrow Partners and Ohio-based REIT Welltower (NYSE: WELL) are underway on construction of Amberlin Pflugerville, a 195-unit active adult community located on the northern outskirts of Austin. The property will feature one- and two-bedroom units for renters aged 55 and above that will range in size from 615 to 1,285 square feet. Amenities will include a pool, fitness center, game room, media lounge, community kitchen and coffee bar, dog park and pickleball and bocce ball courts. Rents will run from $1,500 to $2,500 per month. FK Architecture is designing the project. Completion is slated for this fall.

March 25, 2022

Connecticut Development Northeast Office

Clarion, Marcus Partners Near Completion of 1.4 MSF Office Renovation Project in Norwalk, Connecticut

by Taylor Williams March 25, 2022

NORWALK, CONN. — A partnership between New York City-based Clarion Partners and Boston-based Marcus Partners is nearing completion of the renovation of Merritt 7, a 1.4 million-square-foot office campus in the southern Connecticut city of Norwalk. Following completion of the capital improvement program, the six-building campus will feature energy-efficient utility systems and upgraded amenities. Merritt 7 now houses two food halls with indoor and outdoor seating, 10,000 square feet of conference space, 60,000 square feet of outdoor amenity space, a fitness center, hair salon and car detailing service. The partnership has tapped JLL to provide leasing services for the upgraded building. Gensler served as the architect of the renovation program.

March 25, 2022

Civic Development Midwest Minnesota

Kraus-Anderson Completes $34M Elementary School in Eveleth, Minnesota

by Kristin Harlow March 25, 2022

EVELETH, MINN. — Kraus-Anderson has completed Laurentian Elementary, a $34 million elementary school located at 1409 Progress Parkway in Eveleth, a city in Northeast Minnesota. The school is part of Rock Ridge Public Schools. Designed by Cuningham Group Architecture, the 89,000-square-foot property serves students in pre-K through sixth grade. Specific features of the project include an indoor playground, gymnasium, athletic field and outdoor learning courtyard. The school will open to students this fall.

March 25, 2022

SilverLake-Apartments-Belleville-New-Jersey

Development Multifamily New Jersey Northeast

Klein Enterprises Opens 232-Unit SilverLake Apartments in Belleville, New Jersey

by Taylor Williams March 24, 2022

BELLEVILLE, N.J. — Baltimore-based developer Klein Enterprises has opened SilverLake Apartments, a 232-unit multifamily community located about 15 miles outside of Manhattan. Units feature studio, one- and two-bedroom floor plans, and amenities include a fitness center, dog park and pet spa, game room, entertainment lounge with a kitchen, rooftop terrace, business center and package lockers. The property opened to an initial occupancy rate of 87 percent.

March 24, 2022

Civic Development Massachusetts Northeast

Skanska Tops Out 170,000 SF Belmont Middle School in Metro Boston

by Taylor Williams March 24, 2022

BELMONT, MASS. — International developer Skanska has topped out Belmont Middle School, a 170,000-square-foot civic project on the western outskirts of Boston. In addition to dedicated classroom, recreation and administrative space, the middle school building will share the major facilities of the high school, including the kitchen and café, auditorium, pool and field house. Construction of the middle school marks Phase II of a larger project following the delivery of the 451,000-square-foot high school building. With that project, which was completed last September, Skanska renovated and expanded the building to include new academic and science wings, media and dining areas, administrative health suites and updates to the existing gymnasium and pool. Completion of the middle school building is scheduled for September 2023.

March 24, 2022

Development New Jersey Northeast Office

SJP Properties Nears Completion of 100,000 SF Office Renovation Project in Newark

by Taylor Williams March 24, 2022

NEWARK, N.J. — SJP Project Solutions, a division of New York City-based development and investment firm SJP Properties, is nearing completion of the renovation of the 100,000-square-foot office of law firm McCarter & English in Newark. The firm occupies five floors within the 15-story Gateway Center building, which is owned by Onyx Equities. Other project partners include Francis Cauffman Architects and engineering firm Robert Derector Associates. Full completion of the project is slated for the fourth quarter.

March 24, 2022

Mark Fletcher Bohler Development Teaming

Bohler Content Partner Development Features Midwest Northeast Southeast Texas Western

Four Factors to Build Successful Teams in a Development Project

by Sarah Daniels March 24, 2022

When it comes to commercial real estate development, thoughtfully curated teams are critical to success. “It’s important that the extended team works well with each other, so they can deliver results for clients,” explains Mark Fletcher, director of Strategic Partnering at Bohler, a land development design and consulting firm. Developers don’t want to work with a variety of disjointed processes and personalities. They want to work with one team, a multi-discipline team that effectively manages time and resources, focusing on streamlined processes and speed to market. This sort of team unity promotes both cohesiveness and consistency in outcomes. Building a great design and consulting team means having the property developer’s end goals in mind from the very start of the process: dependability, speed to market and turnkey solutions. The importance of fostering cohesion extends to finding an architect to optimize the building and a contractor to strategize materials and phasing. It may be necessary to engage an attorney who can work well with the team to address land use and zoning. Finally, the right site design and consulting firm can streamline communications, maintain timelines and entitlements and keep the project moving forward. Here’s how Bohler’s approach to assembling a team …

March 24, 2022

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