OCEANSIDE, CA—McDonald PropertyGroup, an industrialdevelopment company headquartered in Newport Beach, CA, has formeda development agreement with an entity owned by First Industrial RealtyTrust todevelop La PacificaII, a three-building,237,275-square-foot industrial park.

“We're pleased to be developing this project for FirstIndustrial and we have every expectation that it will meet withsuccess in the North San Diego County Market,” said BruceMcDonald, principal and founder of McDonald PropertyGroup.

First Industrial Realty Trust is a publically traded REIT and isa leading owner, operator, and developer of industrial real estatewith 66 million square feet of industrialproperties under management nationwide. RyanMcClean, West Coast market leader, LarryCochrun, director of development, and JerryDevon, market leasing director, will lead the FirstIndustrial Los Angeles team on this project, along with McDonaldProperty Group.

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David Phillips

David Phillips is a Chicago-based freelance writer and consultant with more than 20 years experience in business and community news. He also has extensive reporting experience in the food manufacturing industry for national trade publications.