REDLANDS, CA—The industrial development alliance between Chicago-based Conor Commercial Real Estate, a member of the McShane Cos., and MetLife Real Estate Investors, revealed the development and groundbreaking of Redlands Logistics Center. The 1.01-million-square-foot speculative industrial facility is located within the Inland Empire industrial market.
According to the development team, the single- or multi-tenant industrial facility will represent the largest industrial building available for lease within Southern California’s Redlands/San Bernardino area. Completion and tenant occupancy is scheduled for Second Quarter 2015.
John A. Dobrott, president of the industrial division of Conor Commercial Real Estate, calls the development “a sizable addition” to the company’s development portfolio. Conor Commercial Real Estate could not provide GlobeSt.com with a construction cost at this time.
Strategically positioned on a 50.54-acre site at 2250 West Lugonia Avenue at the intersection of Almond Avenue and Research Drive, the new facility is within one-half mile of Interstate 10 and offers direct access to Interstate 215, West Coast ports, the BNSF Intermodal yard (located within six miles) and the nearby FedEx ground sorting hub. Redlands Logistics Center also offers Foreign Trade Zone designation.
Designed and constructed to meet LEED-Silver Certification, the contemporary cross-dock facility will feature a 36-foot clear height, 154 dock high loading doors, four grade level ramp loading doors, 185-foot fully secured concrete truck court, an ESFR sprinkler system, 4,000 amp (capacity) electrical service and office space to-suit. Generous on-site parking will also be available for 200 trailers and 543 vehicles conveniently situated around the perimeter of the building.
McShane Construction Co. and HPA Inc. are serving as the design/build team for the project. s speculative industrial project. Marketing the property is JLL‘s Peter McWilliams, Michael McCrary, Ruben Goodsell and Nicole Welch.
Check back tomorrow for comments from JLL on the Redland’s industrial spec market and why tenants are choosing the market there for their distribution needs as well as comments from William Lu, Vice President at Conor Commercial Real Estate on further details.