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CapRock Moves Ahead of Schedule on 1.3M-SF Spec Industrial

CapRock Partners said Building 1 at CapRock Central Point III in Visalia has completed the tilting of the building’s concrete panel walls, forming its exterior structural shape. Moving ahead of its original development timeline, Building 1 is now slated for completion in summer 2024.

The 1,270,750-square-foot, Class A speculative logistics and distribution facility encompasses approximately 75 acres within the four-building CapRock Central Point III, which is a part of CapRock’s larger five-million-square-foot Central Point masterplan.

“Building 1’s concrete walls are now tilted and the roof structure started, revealing the true magnitude and scale of CapRock Central Point III, and signifying Visalia’s rising importance as a critical distribution and logistics hub in the West,” said Bob O’Neill, SVP, acquisitions at CapRock Partners. “Designed to serve Fortune 100 corporations seeking a state-of-the-art industrial complex accessible to a large percentage of the West Coast’s population, CapRock Central Point III is drawing interest from leaders in logistics as well as food processing and manufacturing.”

JLL’s Mike Fowler, Mike McCrary and Mac Hewett lead the leasing efforts for CapRock Central Point III.

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

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