Three Buildings Delivered in 1Q18 Range From 600,000 SF-to-1MSF
Trammell Crow Company (TCC) is pleased to announce that it has recently completed three speculative industrial buildings totaling 2.4 million square feet in Southern California’s Inland Empire. The projects include a 1,000,000-square-foot building in the City of Riverside’s Hunter Park area, a 750,000 square-foot building along Riverside County’s I-215 corridor, and a 600,000-square-foot building in Fontana’s Sierra Lakes area. All three buildings feature the latest Class A specifications, including up to 37-foot clear heights, up to 8-inch concrete floor slabs, cross-dock loading, 185-foot secured concrete truck courts, dedicated truck queuing aisles, ample trailer and auto parking, and other features required by e-commerce and logistics users.
“We are pleased to deliver these new projects to the Inland Empire marketplace,” said Tom Bak, Senior Managing Director with TCC’s SoCal-Newport Beach office. In addition to featuring world-class building specifications, each of these projects provide direct access to the region’s primary freeways and were specifically designed for the numerous e-commerce companies and logistics providers that require more efficient and modern buildings in the Inland Empire.”
Over the past 12 years, TCC has delivered 11 million square feet of Class A industrial space to the Inland Empire that range from complex speculative projects to sophisticated built-to-suit developments. TCC’s SoCal-Newport Beach team brings extensive expertise to the development process with each of its senior managers and principals all possessing more than 30 years of experience.
“Trammell Crow Company interacts directly with our clients and users to understand their specialized requirements and share our team’s extensive expertise producing ‘best-in-class’ logistics and e-commerce facilities,” said David Drake, Senior Vice President and industrial development leader within TCC’s SoCal-Newport Beach office. “Our projects not only incorporate current design standards but also incorporate specific features that meet or exceed developing trends, increase operational efficiencies, and reduce operating expenses.”
TCC is a community-based developer that builds value for its clients through sustainable projects that enhance the Inland Empire via development fees, infrastructure investments, and quality tenants that create long-term employment opportunities for local residents.
About Trammell Crow Company
Trammell Crow Company (TCC), founded in 1948, is one of the nation’s leading developers and investors in commercial real estate. The Company has developed or acquired more than 2,600 buildings valued at more than $60 billion and over 565 million square feet. As of December 31, 2017, TCC had $6.8 of projects in process and $3.8 billion in its pipeline.
Trammell Crow Company’s teams are dedicated to building value for its clients with professionals in 16 major cities throughout the United States. The company serves users of and investors in office, industrial, retail, healthcare, multi-family residential, through its operating subsidiary High Street Residential and mixed-use projects. For those who occupy real estate, TCC can execute the development or acquisition of facilities tailored to meet its clients’ needs. For investor clients, the company specializes in joint venture speculative development, acquisition/re-development ventures, build-to-suit development or providing incentive-based fee development services.
TCC is an independently operated subsidiary of CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Los Angeles, and the world’s largest commercial real estate services and investment firm (in terms of 2017 revenue). For more information visit www.TrammellCrow.com.