Riverside County, CA
Trammell Crow Company and Clarion Partners Break Ground on 1.1-Million-Square-Foot Logistics Facility in Riverside County, California
Construction Begins on Large Industrial Building Along I-215 Corridor
June 3, 2021
The Newport Beach Business Unit of Trammell Crow Company (TCC) and its JV partner, Clarion Partners LLC., are pleased to announce that they have started construction on Knox Logistics VII, a state-of-the-art, 1.1-million-square-foot speculative Class A logistics building. The development is located at the intersection of the I-215 freeway and Cajalco Expressway in Riverside County, California.
We are very excited to begin construction on our second building in this size range along the I-215 corridor and look forward to seeing Knox Logistics VII take shape in the coming months,” said Tom Bak, Senior Managing Director for TCC’s Newport Beach office. “In addition to the property being in a prime location, Knox VII will have best-in-class design and specifications that we believe will be attractive to sophisticated users such as e-commerce or logistics firms.”
The Knox Logistics VII project is situated on 73 acres and will include 40-foot clear height, an eight-inch floor slab, cross-dock loading, 185-foot secured concrete truck courts, ESFR fire sprinklers, abundant auto and trailer parking, easy freeway access, and many other state-of-the-art features.
TCC & Clarion Partners’ previous development projects have brought thousands of jobs and other tangible and ancillary benefits to the County of Riverside, including public street and infrastructure improvements, increased property values and tax revenues, and world-class tenants who bring employment opportunities and tax revenues to the Inland Empire community.
Trammell Crow Company
Trammell Crow Company (TCC) is a global commercial real estate developer and wholly-owned subsidiary of CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Dallas. Founded in 1948, TCC has developed or acquired nearly 2,900 buildings valued at $75 billion and over 655 million square feet. As of September 30, 2023, TCC had $15.4 billion of projects in process and $14.5 billion in its pipeline. It employs 650 professionals in 28 major cities throughout the United States and Europe. The company serves users of and investors in office, industrial/logistics, healthcare, life sciences and mixed-use projects, as well as multi-family residential through its operating subsidiary High Street Residential. For more information visit www.TrammellCrow.com.