Transwestern Development Company (TDC) says two speculative projects align with its investment strategy to develop logistics centers to serve in prime last-mile distribution. TDC recently broke ground on the two developments totaling 483,500 square feet that are adjacent to Interstates 10 and 15 in Fontana.
“While the uncertainty in the real estate market caused by the pandemic has stalled some development progress in the industrial sector, we are excited to move forward with expanding our Southern California portfolio and confident that e-commerce will continue to drive demand for sophisticated logistics space in the country’s top industrial markets,” said Steve Batcheller, Western regional partner in TDC’s national logistics group.
Located near the intersection of Almeria Avenue and Foothill Boulevard, Almeria Logistics Center will provide 235,894 square feet of space slated for completion in third quarter 2021.
The second project, I-10 Commerce Center, is located near the intersection of Boyle and Juniper avenues. With an expected delivery in fourth quarter 2021, the project will consist of two buildings at 172,219 square feet and 75,428 square feet.
Colliers International is providing leasing services for both projects.
Lisa Brown has decades of experience in corporate communications and marketing management with organizations including Coldwell Banker Residential, Grubb & Ellis, Marcus & Millichap, NAIOP, SIOR and ALM.
In those positions, she worked in conjunction with chief executive officers and chief marketing officers to create corporate messaging, cohesive branding standards, strategic marketing plans and thought pieces. Brown is a frequent speaker at industry events and an editing adjunct professor for an online course. She has a master’s degree in mass communications from San Jose State University.