A joint venture between Seefried Properties and Crow Holdings Capital has acquired a 24-acre development site inside the Meridian Business Park in Riverside, California. The developers plan to build three industrial buildings totaling 375,000 square feet.

The development will feature 32foot clear height, 60 trailer spaces, 65 dock doors and 387 auto stalls.  Each individual building will range in size from 100,000 square feet to 150,000 square feet.

Construction will begin in November, with a scheduled delivery for second quarter 2020.

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Kelsi Maree Borland

Kelsi Maree Borland is a freelance journalist and magazine writer based in Los Angeles, California. For more than 5 years, she has extensively reported on the commercial real estate industry, covering major deals across all commercial asset classes, investment strategy and capital markets trends, market commentary, economic trends and new technologies disrupting and revolutionizing the industry. Her work appears daily on GlobeSt.com and regularly in Real Estate Forum Magazine. As a magazine writer, she covers lifestyle and travel trends. Her work has appeared in Angeleno, Los Angeles Magazine, Travel and Leisure and more.