New & Noteworthy

2 million sq. ft.
CapRock Partners is building Phase I of Palomino Ranch, a large-scale master-planned industrial warehouse development in Norco, California. It will total approximately 2 million square feet across 24 buildings on approximately 112 acres. Palomino Ranch will be the largest industrial real estate development in Norco’s history. The project will be LEED certified and will feature design elements such as wrap-around wooden porches and lantern streetlighting. The project is approximately one hour driving distance to Los Angeles International Airport and the ports of Long Beach and Los Angeles.

1.6 million sq. ft.
TRG will enter the Dallas-Fort Worth industrial market by developing a two-building, 1.6-million-square-foot industrial project 14 miles southeast of downtown Dallas. CORE45 in Wilmer, Texas, will have direct access to Interstate 45 and is one mile from the Union Pacific Dallas Intermodal Terminal. Building 1 will offer 616,068 square feet, 110 dock doors, 151 trailer parking spots and 306 employee parking spaces. Building 2 will feature 1 million square feet with 186 dock doors, 252 trailer parking spots and 594 employee parking spaces. Both facilities have 40-foot clear heights. 

1 million sq. ft.
Social media giant Meta (formerly known as Facebook) has selected the Kansas City region for its new $800 million hyperscale data center. The 1 million-square-foot facility will aim to be LEED® Gold level certified and will be fully supplied by 100% renewable energy. The building is currently under construction and will be one of the most sustainable data centers in the world when it goes online in 2024. The facility will be located in the Golden Plains Technology Park, a 5.5 million-square-foot data center campus in Kansas City.

527,000 sq. ft.
ZOM Living is building Hazel & Azure at National Landing, a two-tower, 527,000-square-foot mixed-use development in Arlington, Virginia, that will consist of 491 apartment homes and 6,800 square feet of ground-floor retail space. The residential community will offer a variety of floor plans, including studios, one-, two- and three-bedroom units, and town homes — all ranging from 548 to 1,688 square feet. Resident amenities include an e-lounge and concierge service in the lobby, a rooftop pool and outdoor deck and grilling area with an adjacent club room, fitness center and wellness spa. 

364,740 sq. ft.
Trammell Crow Company (TCC), its residential subsidiary High Street Residential (HSR) and Georgia Advanced Technology Ventures (GATV), a cooperative organization of the Georgia Institute of Technology, are redeveloping Science Square, formerly known as Technology Enterprise Park, a mixed-use innovation community in Atlanta that features commercial lab/R&D space and residential real estate. The first phase will include TCC’s Science Square Labs, a speculative 364,740-square-foot Class A lab/office tower, and HSR’s 280-unit residential building.

332,000 sq. ft.
The Altman Companies has opened Altís Little Havana in Miami, a 332,000-square-foot apartment and retail project. It features 224 studio, one-, two- or three-bedroom apartment units set on approximately 1.96 acres. Altís Little Havana is National Green Building Standard (NGBS) certified, and its sustainable initiatives include energy-efficient designer lighting, ENERGY STAR® appliances, individual unit electric meters and sub-metered water, high-efficiency water heaters, and programmable thermostats with humidistat. 

310,900 sq. ft.
Jackson-Shaw is developing a build-to-suit industrial project for Vehicle Accessories, Inc. (VAI) in the new Alcott Station Industrial Business District in Mesquite, Texas. The 310,900-square-foot building will host engineering, sales, accounting, senior management, key manufacturing processes and distribution. Urban Logistics Realty is creating the master-planned 180-acre Alcott Station Industrial Business District. Upon completion, the development will incorporate up to two million square feet of industrial space, with a five-acre city park as the centerpiece.

292,000 sq. ft.
The Fallon Company recently opened 301 Hillsborough, a mixed-use development in Raleigh, North Carolina. The 19-story Class A office tower features 280,000 square feet of office space and 12,000 square feet of ground floor retail. Designed by Raleigh-based architect Duda|Paine Architects, 301 Hillsborough includes a ninth-floor sky park, a bike concierge and ample bike storage, a modern fitness studio and a pedestrian-oriented streetscape. The Fallon Company received Fitwel 2 Star certification and is pursuing LEED Gold certification for sustainability.

234,360 sq. ft.
Robinson Weeks Partners is building a speculative distribution facility in Memphis, Tennessee. The 234,360-square-foot single-load development known as Southridge Crossing will feature ample auto and trailer parking, finished office space, warehouse lights, 42 dock doors and two drive-in doors. The facility is near I-55, I-69 and I-40, as well as the Memphis International Airport, which is the world’s busiest freight airport. Memphis is also home to five Class 1 railways. The variety of transportation options available enables future tenants to reach 70% of the U.S. population within a two-day drive.

140,000 sq. ft.
Ware Malcomb recently finished construction on FreezPak Elizabeth, FreezPak’s newest 3PL cold storage public refrigerated warehouse in Elizabeth, New Jersey. The 140,000-square-foot building includes an ammonia-CO2 cascade central plant refrigeration system and 18 docks that allow for 30,000 pallet positions. The facility includes a 66-foot-high clear freezer and is equipped with an Automated Search and Retrieval System (ASRS) and a Very Narrow Aisle (VNA) racking system, as well as an 80-foot-high clear span cold dock.

116,000 sq. ft.
Trammell Crow Company, in partnership with CBRE Investment Management on behalf of a separate account client, will develop Vista Sorrento Labs, a 116,000-square-foot life science development in San Diego. The speculative four-story life science building, with 32,000-square-foot, column-free floor plates, is designed to deliver Class A lab, clean room and office space. It features upgraded MEP and structural engineering, 16-foot floor-to-floor heights, and on-site chemical storage. Plans include EV charging stations and a fitness center with showers and locker rooms.

70,000 sq. ft. 
Novocure, a global oncology company headquartered in Europe, recently broke ground on its new $9 million, 70,000-square-foot training facility in downtown Portsmouth, New Hampshire. The property will accommodate Novocure’s rapid growth within New Hampshire, which is now up to 300 team members, with plans to hire more in the new year. The space will serve as a training and development center, where physicians and partners from around the world can visit to learn more about the company’s medical treatments.