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California  + Inland Empire  + Industrial  | 

Seefried, Crow Holdings Claim 24 Acres in Riverside for Business Park

Atlanta-based Seefried Properties partnered with Crow Holdings on the purchase of a 24-acre land site in Riverside’s Meridian Business Park (pictured). The pair plan to develop a speculative industrial project encompassing 375,000 square feet.

The development will consist of three fully-entitled buildings featuring 32-foot clear heights, 60 trailer spaces, 65 dock doors and 387 auto stalls. The facility is located within a 1,290-acre master-planned commerce and distribution center off Interstate 215.

Seefried Properties’ Scott Irwin says, “This acquisition represents an opportunity to quickly develop a three-building project with buildings ranging from 100,000 square feet to 150,000 square feet, which is a size segment that continues to experience upward rental growth and asset appreciation.”

Construction is set to begin in November 2019, and slated for completion during Q2 2020. Cushman and Wakefield’s Phil Lombardo, Chuck Belden and Andrew Starnes, along with Lee & Associates’ Joe McKay and Chris Morrell, handled the deal.

For comments, questions or concerns, please contact Dennis Kaiser

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Connect With Seefried Properties’ IrwinConnect With Cushman and Wakefield’s LombardoConnect With Lee & Associates’ McKay

About Dennis Kaiser

Dennis Kaiser is Vice President of Public Relations and Communications for Connect Creative. Dennis is a communications leader with more than 40 years of experience including as a journalist and in corporate and agency marketing communications roles. He is responsible for Connect Creative’s agency client services and is involved in a range of initiatives ranging from public relations and content strategy, communications and message development, copywriting, media relations, social media and content marketing services. Prior to joining Connect Media in 2015, his most recent corporate communications roles involved leading a regional public relations effort across Southern California for CBRE, playing a key marketing role on JLL’s national retail team, and directing the global public relations effort at ValleyCrest (BrightView), the nation’s largest commercial landscape services company. He has worked on marketing communications assignments for such CRE companies as Blackstone/Equity Office, Carlyle, Caruso, Disney Resorts, GE Capital, Irvine Company, Hines, Howard Hughes Corp., Jeffries, Lennar, MGM, Marcus & Millichap, Prologis, Raleigh Studios, Simon, Starwood, Trammell Crow Company, Transamerica, UBS and Wynn Resorts. Dennis has also worked on communications and launch strategies for a number of consumer electronic, media and tech brands including SlingMedia, Channel Master, Deluxe Media Entertainment, BeIn Sports, EchoStar and Sprint. Dennis’s agency background included firms such as Off Madison Ave., Idea Hall and Macy + Associates. He has earned an outstanding reputation with organization leaders as a trusted advisor, strategic program implementer, consensus builder and exceptional collaborator. Dennis has developed and managed national communications programs for Fortune 500 companies to start-ups, both public and private. He’s successfully worked with journalists across the globe representing clients involved in major-breaking news stories, product launches, media tours, and company news announcements. Dennis has been involved in a host of charitable and community organizations including the American Cancer Society, Easter Seals, Boy Scouts, Chrysalis Foundation, Freedom For Life, HOLA, L.A.’s BEST, Reach Out and Read, Super Bowl Host Committee, and the Thunderbirds Charities.

  • ◦Development
  • ◦Sale/Acquisition
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