X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

TRACY, CA-Trammell Crow Company broke ground here this week for two speculative industrial buildings totaling about 675,000 sf. TCC is developing the buildings within the Cabot Commerce Park on behalf of McMorgan Institutional Real Estate Fund I.The project includes a 285,730-sf industrial building that will feature potential Union Pacific rail service and a 390,416-sf industrial building that will provide for cross-dock truck loading. Both buildings also will feature on-site trailer parking and roof structures covering over 15.5 acres, which TCC says will make them two of the largest industrial buildings in the area.McMorgan Institutional Real Estate Fund I is a diversified pooled real estate fund managed by McMorgan & Co. LLC, a San Francisco-based pension fund investment management organization. Eric Pearson, president of Lee & Associates, and Brian Gleason, senior vice president of Trammell Crow’s San Francisco office, have the leasing assignment. Pearson says the buildings are designed to accommodate both large distribution and manufacturing tenants. Construction is scheduled for completion in the fourth quarter of 2005. Two additional buildings are in the planning stage.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 3 free articles* across the ALM subscription network every 30 days
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

GlobeSt. NET LEASE Awards 2020Event

These awards honor the industry's most influential and knowledgeable real estate executives from the net lease sector.

Get More Information
 

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2020 ALM Media Properties, LLC. All Rights Reserved.