New & Noteworthy

Fall 2020 Issue
By: Trey Barrineau

5.7 million sq. ft.
CT Realty has begun development of 5.7 million square feet of large-scale warehouse and distribution space in Columbus, Ohio. The eight-building project is within the Rickenbacker Industrial Park and is close to a Norfolk Southern intermodal yard, the Rickenbacker International Airport and ground transportation routes. The first phase of development began in the first quarter of 2020 and consists of two buildings totaling 1,146,780 square feet. A completion date in early 2021 is planned for these buildings.

office building

1 million sq. ft.
KDC recently entered into a development partnership with the Research Triangle Foundation of North Carolina, the not-for-profit organization that manages Research Triangle Park, to build 1 million square feet of office space as part of Park Center East, LLC. The development will begin with the 43 acres on the east side of the property, and it will include the 1 million square feet of office, as well as at least one hotel with up to 375 rooms, 850 residential units and 150,000 square feet of retail space.

office building

803,700 sq. ft.
Goettsch Partners recently completed Park Tower at Transbay, a new 45-story office building in San Francisco developed by The John Buck Company, Golub & Company and MetLife. The tower will be fully occupied by Facebook in the largest single-lease deal in San Francisco’s history. The 803,700-square-foot, 605-foot-tall tower is designed with a massing that integrates three different floor plates. Within these distinct floor plates, a series of large outdoor terraces provide outdoor tenant amenity spaces. At the base of the tower is a covered
3,600-square-foot outdoor plaza.

industrial property

707,000 sq. ft.
Oxford Properties Group recently unveiled plans to develop Canada’s first large bay multi-level industrial property. Comprising 707,000 square feet over two levels, the project will be built at Oxford’s Riverbend Business Park located in Burnaby, British Columbia. The ground floor comprises 437,000 square feet with 32-foot clear heights. The second story, which is accessible to full-size transport trailers via a heated ramp, consists of 270,000 square feet, 28-foot clear heights and a 130-foot truck court. The project is expected to
complete in 2022.

build-to-suit campus

633,000 sq. ft.
The Douglas Allred Company of San Diego recently opened a 633,000-square-foot build-to-suit campus in Chandler, Arizona, for Northrop Grumman, which will serve as the home for its launch vehicles business. Arizona Gov. Doug Ducey was on hand for the ribbon-cutting in November 2019. It was one of the largest construction projects in Phoenix in recent years. Wes Balmer Architects served as the architect, and it was constructed and delivered in 17 months.

mixed-use building

215,000 sq. ft.
Hines, along with partners Westdale Real Estate Investment and Management and Ivanhoé Cambridge, will develop The Stack, a 16-story, mixed-use building with 15,000 square feet of street-front retail and approximately 200,000 square feet of office space in Dallas’ Deep Ellum neighborhood. The partnership is targeting both LEED Core & Shell and WELL certifications for The Stack. At completion, the project will be one of Dallas’ first new-construction projects to receive WELL certification.

industrial building

207,635 sq. ft.
Archway Properties and Ridgeline Property Group recently completed the Telge 290 Logistics Center, a  207,635-square-foot Class A industrial building in Cypress, Texas. It is located approximately 24 miles from downtown Houston and George Bush Intercontinental Airport. The facility has 32-foot clear heights, an ESFR sprinkler system, 47 dock-high doors, two drive-in ramps and a 180-foot truck court. Telge 290 Logistics Center is the second joint venture project in Texas between Ridgeline Property Group and Archway Properties.

mixed-use office retail space

77,840 sq. ft.
Miami-based developer Terra has completed its Mary Street development, a former parking garage transformed into a new contemporary mixed-use office and retail development in the heart of Coconut Grove’s commercial district. Developed in partnership with Mayfair Advisors, the adaptive reuse-designed building includes 77,840 square feet of Class A office space. Mary Street is among the first newly delivered Class A office spaces in Coconut Grove’s business district in more than 20 years.

flexible office space

35,000 sq. ft.
Construction is now complete on Flex by BXP in Boston. It’s a 35,000- square-foot full-floor first-class flexible office space in the 31-story Phase III office tower at Hub on Causeway for developer Boston Properties. Corderman & Company provided construction management services on the project. The $6 million project on the third floor, designed in collaboration with architecture and interior design creative agency Design Farm, provides tenants with short-term, modular, plug-and-play space solutions in an open industrial environment.

adaptive reuse warehouse renovation

26,000 sq. ft.
Northwell Health recently opened the Cohen Children’s Northwell Health Pediatric Cardiology Clinic, an adaptive-reuse warehouse renovation in Lake Success, New York. It features 34 exam and consultation rooms, administrative offices and support space. The interior has floor-to-ceiling windows, high-end fixtures and a playful color scheme designed to appeal to both children and teenaged patients. Each of the corridors has either a yellow, green or blue theme and kid-friendly murals. Administrative offices are situated at the rear of the clinic, with exposed structure and original clerestory.

office showroom space

18,922 sq. ft.
Ware Malcomb recently rebuilt the corporate offices and showroom for Sam Clar Office Furniture in Concord, California. Construction began in 2018 on the renovation of the company’s facility, which was severely damaged in a fire on Thanksgiving Day in 2015. The interior design features a mixture of permanent hard wall construction, as well as demountable walls for future flexibility. A living green wall provides a natural accent to the space. The exterior of the building features new custom steel storefront systems, steel canopies, textured stucco finishes, wood finishes and new paint.

medical office building

11,325 sq. ft.
RevOZ Capital, a real estate investment firm specializing in Opportunity Zones, recently broke ground on an 11,325-square-foot, build-to-suit office project in San Bernardino, California. Previously a residential one-story triplex, the single-story facility will house San Bernardino County’s Children’s Department of Behavioral Health, providing mental wellness care to some of the most vulnerable and underserved members of the community. Construction is scheduled to complete by December 2020.

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