REDLANDS, CA—The industrial developmentalliance between Chicago-based Conor Commercial RealEstate, a member of the McShane Cos., andMetLife Real Estate Investors, revealed thedevelopment and groundbreaking of Redlands Logistics Center. The1.01-million-square-foot speculative industrial facility is locatedwithin the Inland Empire industrial market.
According to the development team, the single- or multi-tenantindustrial facility will represent the largest industrial buildingavailable for lease within Southern California's Redlands/SanBernardino area. Completion and tenant occupancy is scheduled forSecond Quarter 2015.
John A. Dobrott, president of theindustrial division of Conor Commercial Real Estate, calls thedevelopment “a sizable addition” to the company's developmentportfolio. Conor Commercial Real Estate could not provideGlobeSt.com with a construction cost at this time.
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