The project will include eight buildings for sale or lease ranging from 5,000 sf to 7,500 sf. Two of the eight buildings have already been sold while the development is under way.
The completed project is expected to be delivered in August, according to Try Kudlac and Brian Ward of CBRE, who are marketing the buildings. "Small industrial buildings are the bread and butter of the Coachella Valley market," Kudlac observes. Demand continues for "space that can be easily subdivided for owner-user/investment," according to Kudlac, who adds, "There is a definite need for further development, particularly in the North La Quinta area, where industrial product is non-existent."
Pacific Industrial Park will offer a feature that is difficult to find in the market: secured, fenced yards that allow users to store excess materials in outside storage, a lower cost alternative to under-roof storage. Many smaller businesses have a need for materials storage, but don't want to pay a premium to house the materials inside the building, which would require a larger facility at a higher price, Kudlac explains.
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