Palomino Ranch Enterprise Park Section I. Picture courtesy of CapRock Companions
CapRock Companions has accomplished the development of two industrial properties in Norco, Calif., totaling roughly 1.1 million sq. toes. The developer completed work on the primary section of Palomino Ranch Enterprise Park, comprising eight buildings, together with Saddle Ranch South, which encompasses three buildings.
The proprietor employed Lee & Associates to deal with leasing at Palomino Ranch and JLL for Saddle Ranch South.
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The primary section of Palomino Ranch Enterprise Park contains roughly 700,000 sq. toes throughout 44 acres, positioned at 1700-1910 Mountain Ave. The buildings vary between 57,000 and 160,000 sq. toes of commercial area, with a further 50,000 sq. toes of workplace area. Options embrace 30- to 36-foot clear heights, ESFR sprinkler methods and truck courts with as much as 185-foot depths. The primary section of Palomino Ranch is LEED Silver licensed. The developer secured a full-building lease for the 67,400-square-foot Constructing 9.
The second section of development is predicted to start out this month and can embody a further 750,000 sq. toes, whereas the third will carry 533,000 sq. toes, with development scheduled to start within the third quarter.
When accomplished, Palomino Ranch Enterprise Park will probably be a 112-acre master-planned industrial campus, the biggest one within the metropolis’s historical past, with roughly 2 million sq. toes unfold throughout 24 buildings. The undertaking was CapRock’s third ground-up improvement in Norco and acquired $200 million in financing from American Worldwide Group.
The undertaking is 2 miles north of the intersection of Interstate 15 and Freeway 91, 13 miles from Ontario Worldwide Airport and inside 55 miles of Los Angeles Worldwide Airport.
Lee & Associates’ group advertising and marketing Palomino Ranch Enterprise Park for lease contains Senior Vice Presidents Jeff Ruscigno and Paul Earnhart, along with Senior Vice Presidents & Principals Brian Pharris, Austin Hill, Ryan Earnhart and Jeff Smith.
Saddle Ranch South
Saddle Ranch South. Picture courtesy of CapRock Companions
CapRock’s Saddle Ranch South is roughly 2 miles north, at 3000, 3050 and 3100 Horseless Carriage Drive. Its buildings vary between 100,000 and 155,000 sq. toes. Options embrace 32-foot clear heights, 12 to 14 dock-high doorways, ESFR sprinkler methods, 27 trailer parking spots, 22,160 sq. toes of whole workplace area and 304 automobile parking spots.
Designed for native and regional distribution and manufacturing firms, the economic campus is 34 miles from John Wayne Airport and roughly 55 miles from the ports of Lengthy Seaside and Los Angeles. The corporate has not too long ago secured a full-building lease at Saddle Ranch South’s Constructing 2, totaling 119,641 sq. toes, which introduced the undertaking to 32 p.c occupancy.
JLL Govt Vice President Cody Clayton, Senior Vice President Scott Coyle, Govt Managing Director Patrick Wooden and Managing Director Eric Chou are the unique leasing brokers in command of the undertaking.
