Generated by All in One SEO v4.9.4.1, this is an llms.txt file, used by LLMs to index the site. # Panattoni International Vision. Local Focus ## Sitemaps - [XML Sitemap](https://www.panattoni.com/sitemap.xml): Contains all public & indexable URLs for this website. ## Pages - [Home](https://www.panattoni.com/) - With an expansive international platform, Panattoni Development Company, Inc. specializes in industrial, office, and build-to-suit development. - [Home](https://www.panattoni.com/) - With an expansive international platform, Panattoni Development Company, Inc. specializes in industrial, office, and build-to-suit development. - [Environmental, Social, Governance (ESG) Policy](https://www.panattoni.com/about/our-markets/environmental-social-governance-esg-policy/) - As a global leader in industrial real estate, Panattoni is committed to conducting our business in a sustainable, just, and environmentally responsible manner. As such, we recognize that a dedicated ESG policy is critical to guiding our business operations, minimizing risk, increasing value, and driving positive change in the industry and our communities. We - [Team Panattoni](https://www.panattoni.com/about/team/) - [News & Events](https://www.panattoni.com/news-events/) - Exciting Progress at 1030 Music Row - Nashville, TN - [Cornmaze](https://www.panattoni.com/cornmaze/) - Proposed Data Center Development Town of Beloit and Town of Turtle, Wisconsin A data center campus is being considered for development in the Town of Beloit and the Town of Turtle. Data centers support the digital infrastructure that powers modern communications, business operations, cloud computing, and online services used by residents, businesses, and organizations every - [
Media Requests](https://www.panattoni.com/media-requests/) - Thank you for your interest in Panattoni Development Company. Please complete the form below, and a member of our communications team will respond as soon as possible. If your request is time-sensitive, please include your deadline. - [The Beloit and Turtle Data Center Project FAQ](https://www.panattoni.com/the-beloit-data-center-project-faq/) - Project Overview - [Project Cannoli, Van Buren Michigan](https://www.panattoni.com/vanburen/) - A Long-Term Data Center Investment for Van Buren Township Overview Project Cannoli is a proposed data center campus being developed by Panattoni in Van Buren Township under existing zoning. The project is designed to support the growing demand for secure, reliable digital infrastructure while delivering long-term fiscal benefits to the community with minimal operational impact. - [Van Buren Subcontractor Interest](https://www.panattoni.com/van-buren-subcontractor-interest/) - Panattoni is seeking qualified subcontractors interested in working on the Van Buren project. Trade partners who would like to be considered for potential bidding opportunities are invited to submit their information below. Firms will be notified of additional steps as the project proceeds. Submission does not guarantee inclusion in the bid process or award of - [The Panattoni Project, Van Buren Michigan](https://www.panattoni.com/the-panattoni-project-van-buren-michigan/) - [Responsible & Sustainable Development](https://www.panattoni.com/responsible-sustainable-development/) - Environmental, Social, Governance (ESG) Policy As a global leader in industrial real estate, Panattoni is committed to conducting our business in a sustainable, just, and environmentally responsible manner. As such, we recognize that a dedicated ESG policy is critical to guiding our business operations, minimizing risk, increasing value, and driving positive change in the industry - [Terms of Use](https://www.panattoni.com/website-terms-of-use/) - Panattoni US Terms of Use Effective October 8, 2025 These Website Terms of Use (the “Terms”) govern your use of the website located at www.panattoni.com (the “Site”) operated by Panattoni (“Panattoni,” “we,” “us,” or “our”). 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Our vast amount of market knowledge throughout the country provides our clients with the highest standards for industrial development throughout the US. Panattoni offers market underwriting, investment recommendations, site - [Panattoni Development Signs 4 Tenants at St. Louis Industrial Park](https://www.panattoni.com/news_article/panattoni-development-signs-4-tenants-at-st-louis-industrial-park/) - CBRE has announced the preleasing of Panattoni Development Co.’s Aviator Business Park’s expansion in Hazelwood, Mo. Aviator Business Park’s expansion plan is composed of three new facilities, all scheduled for delivery in September. CBRE has preleased a total of 382,105 square feet to four tenants, working on behalf of the landlord. Panattoni Development Co. acquired the development - [PCCP JV Plans 1.5 MSF Spec Industrial Park in South Carolina](https://www.panattoni.com/news_article/pccp-jv-plans-1-5-msf-spec-industrial-park-in-south-carolina/) - Delivery is scheduled for the first half of 2023. PCCP LLC and Panattoni Development Co. have teamed up to develop Tyger Ridge Logistics Center, a 1.5 million-square-foot logistics park in Duncan, S.C. The 136-acre speculative project is slated for delivery in the second quarter of 2023. The partners are planning to build three warehouses at 2000 Victor Hill - [Panattoni plans warehouse on newly rezoned site in Frederickson](https://www.panattoni.com/news_article/panattoni-plans-warehouse-on-newly-rezoned-site-in-frederickson/) - Panattoni Development Co. purchased an 8-acre property in Frederickson for $3.4 million in late December on which it plans to build an industrial warehouse. The undeveloped site is on the northeast corner of Brookdale and Canyon roads East. It was sold by private investors. Panattoni recently filed permits to build a 159,000-square-foot building and is - [1.67 million sq. ft. leased at North Valleys Commerce Center](https://www.panattoni.com/news_article/1-67-million-sq-ft-leased-at-north-valleys-commerce-center/) - Recently finished industrial space at the North Valleys Commerce Center in Reno has been leased to 12 tenants — including Temper Sealy, Union Supply Group, GBS Enterprises and Mary Kay Corporation. Kidder Mathews’ Mike Nevis, Steve Kucera and Shawn Jaenson have represented the developers — a joint venture between Panattoni Development Company and California State - [Panattoni Ranked #1 Largest Commercial Developer in Atlanta](https://www.panattoni.com/news_article/panattoni-ranked-1-largest-commercial-developer-in-atlanta/) - Ranked by Square feet developed, 2020-2021* Locally Researched by: Patsy Conn, Atlanta Business Chronicle Oct 12, 2021, 11:01am EDT - [Exciting Progress at 1030 Music Row - Nashville, TN](https://www.panattoni.com/news_article/exciting-progress-at-1030-music-row-nashville-tn/) - https://player.vimeo.com/video/596908954 - [Thermo Fisher Scientific to create 1,400 jobs and add to Wilson County's Speedway Industrial Park lineup](https://www.panattoni.com/news_article/thermo-fisher-scientific-to-create-1400-jobs-and-add-to-wilson-countys-speedway-industrial-park-lineup/) - A Massachusetts based life sciences company has announced it will establish a manufacturing facility in Wilson County that will ultimately bring 1,400 jobs. Thermo Fisher Scientific has invested more than $100 million to build the new technology assembly facility, which will manufacture single-use bioprocess containers used to produce biologics and vaccines The approximate 400,000 square foot facility - [Construction to Begin on 2.3M-square-foot Logistics Center](https://www.panattoni.com/news_article/construction-to-begin-on-2-3m-square-foot-logistics-center/) - A California real estate developer has paid $25.75 million for Rausch Creek Logistics Center, a fully approved two-building logistics park totaling approximately 2,387,295 square feet of industrial space. Panattoni Development Company purchased the property from Tremont FT LLC, an affiliate of Viridian Partners. The deal closed on July 12. The Rausch Creek Logistics Center is - [Panattoni Plans Industrial Building at Former Forge Club site in Vernon Hills](https://www.panattoni.com/news_article/panattoni-plans-industrial-building-at-former-forge-club-site-in-vernon-hills/) - A pending plan for a fifth building at the South Lake Industrial Center in Vernon Hills would erase the vestiges of a former family farm and a once exclusive dinner club that operated for 40 years. The proposed new building would incorporate the last portion of the Darling Farm and another property just west of - [Panattoni Begins Sharing Plans for Roseville Property](https://www.panattoni.com/news_article/panattoni-begins-sharing-plans-for-roseville-property/) - Panattoni Development Co. Inc. has introduced an initial vision for about 236 acres in Roseville, and received City Council approval Wednesday to buy the land over a 10-year period. The initial concept, covering the 124-acre southern portion of 6382 Phillip Road, proposes nearly 2 million square feet of industrial space, across nine buildings ranging from - [Partners Acquire Hagerstown-Area Site for New Warehouse](https://www.panattoni.com/news_article/partners-acquire-hagerstown-area-site-for-new-warehouse/) - NEW YORK — A new warehouse development could go up in the Huyetts Crossroads area west of Hagerstown. A joint venture of PCCP LLC and Panattoni Development Co. Inc. announced Tuesday that it has acquired a 90-acre site for the speculative development of Creekside Logistics Center. The property is at 16422 National Pike. The 730,880-square-foot, - [Panattoni Development Breaks Ground on 138,240 SF Building to Complete North Valleys Commerce Center in Reno](https://www.panattoni.com/news_article/panattoni-development-breaks-ground-on-138240-sf-building-to-complete-north-valleys-commerce-center-in-reno/) - RENO, NEV. — Panattoni Development has commenced construction of Building J, the 10th and the final building of the North Valleys Commerce Center in Reno. Located at 9575 N. Virginia Road, Building J will add 138,240 square feet of space to the park, which totals nearly 3 million square feet. Current tenants at North Valleys - [Four Buildings Planned at Panattoni Vernon Hills Site](https://www.panattoni.com/news_article/four-buildings-planned-at-panattoni-vernon-hills-site/) - Construction of an industrial park on the largest undeveloped property in Vernon Hills is moving rapidly. Heavy equipment has been out in force for earth moving and other aspects of the $100 million South Lake Industrial Center on what is known as the Darling Farm, west of Milwaukee Avenue. Village officials approved the project several - [Amazon announces delivery station development in Acworth](https://www.panattoni.com/news_article/amazon-announces-delivery-station-development-in-acworth/) - Representatives from Amazon Logistics officially announced the opening of a new delivery station in southern Bartow County on Friday morning. The development will be constructed off Third Army Road in Acworth. Cartersville-Bartow County Department of Economic Development Executive Director Melinda Lemmon said that the delivery station is expected to bring “several hundred” new jobs to - [Panattoni Developing $356M, 2.8M-SF Distribution Center in Arlington](https://www.panattoni.com/news_article/panattoni-developing-356m-2-8m-sf-distribution-center-in-arlington/) - Irvine, CA-based Panattoni Development Co. plans to develop a $356-million, 2.8 million-square-foot distribution center next to Arlington Municipal Airport in Snohomish County. The five-story facility at 16900 51st Ave. NE is reportedly being claimed for occupancy by Amazon. Arlington city planning documents indicate the 75-acre site is owned by Everett-based National Food Corp. and its - [Panattoni Development Completes 550,601 SF Logistics Center in North Las Vegas](https://www.panattoni.com/news_article/panattoni-development-completes-550601-sf-logistics-center-in-north-las-vegas/) - NORTH LAS VEGAS, NEV. — Panattoni Development has completed North 15 Logistics, a 550,601-square-foot industrial project on 30 acres at the intersection of Interstate 15 and Speedway Boulevard in North Las Vegas. North 15 Logistics features two buildings with up to 36-foot clear heights, ESFR sprinkler systems, R-30 roof batt insulation and concrete truck courts. - [Amazon-leased Roseville Building sold for $56.3 million](https://www.panattoni.com/news_article/amazon-leased-roseville-building-sold-for-56-3-million/) - Amazon's aggressive expansion in local distribution warehouses appears to have caught the eye of at least one investor from thousands of miles away. Records show Exan, a Miami-based real estate fund management company, bought a Roseville building in late 2020 for $56.34 million that Amazon (Nasdaq: AMZN) moved into last year. Exan didn't return a - [Insights from new CEOs: Abbie Wertheim, Northern California partner, Panattoni Development](https://www.panattoni.com/news_article/insights-from-new-ceos-abbie-wertheim-northern-california-partner-panattoni-development/) - On Sept. 2, the Sacramento Business Journal hosted the latest in our quarterly series of dinners with new CEOs ofSacmmento area companies and nonprofits. Our discussion that evening at Piatti was off the record, but as is our usual pmctice, we circled back later with a series of questions on the record. Here are the - [Panattoni completes Canyon 160, with Kidder Mathews offering the space](https://www.panattoni.com/news_article/panattoni-completes-canyon-160-with-kidder-mathews-offering-the-space/) - True to its name, the new Canyon 160 industrial building near Puyallup offers about 160,000 square feet. Groundwork began early last year at 15716-15720 Canyon Road E., a little north of Frederickson. With architect SynThesis, Panattoni Development began planning the project six years ago. The 12-arce land assemblage came in late 2021. Read Full Story - [Panattoni Lists for Sale 215,000 SQFT Steel Distribution Facility in Centralia](https://www.panattoni.com/news_article/panattoni-lists-for-sale-215000-sqft-steel-distribution-facility-in-centralia/) - Panattoni-affiliated seller relists Ryerson-leased property; 2023 asking price was $57MM The industrial real estate market between Seattle and Portland has drawn investor attention as supply tightness persists across the Interstate 5 corridor. A property owner affiliated with Panattoni Development has listed the Midway Logistics Center, a 214,900-square-foot industrial building in Centralia through CBRE on a - [Swiss Chemical Giant Sika Expands in Fontana with 300,000 SQFT Lease](https://www.panattoni.com/news_article/swiss-chemical-giant-sika-expands-in-fontana-with-300000-sqft-lease/) - Swiss chemical manufacturer Sika Corp. is expanding its U.S. operations with a move into California’s Inland Empire, signing a substantial long-term lease for a nearly 300,000-square-foot industrial facility in Fontana. The expansion comes as the regional industrial market works through elevated vacancy rates following a pandemic-era construction surge. Sika, a global leader in specialty chemicals - [Groundbreaking ceremony for new Amazon delivery station takes place in Redding](https://www.panattoni.com/news_article/groundbreaking-ceremony-for-new-amazon-delivery-station-takes-place-in-redding/) - REDDING, Calif. - Amazon broke ground on a new delivery station in Redding's Stillwater Business Park on Wednesday, Aug. 13, 2025. The project represents a major investment in local jobs and infrastructure, aiming to expand logistics in Northern California. The facility, set to be operational in 2026, will act as a last-mile delivery station. It - [Amazon's $25M 'rural super rural' Redding plant has prime spot for North State deliveries](https://www.panattoni.com/news_article/amazons-25m-rural-super-rural-redding-plant-has-prime-spot-for-north-state-deliveries/) - Community leaders and elected officials who attended Wednesday’s ceremonial groundbreaking for Amazon’s new distribution plant in Stillwater Business Park heard the mega company’s arrival in Redding is more evidence of the economic upswing happening in the city. “We have a ton of momentum in our community right now. There’s really so much going on,” Shasta - [People On The Move in Dallas](https://www.panattoni.com/news_article/people-on-the-move-in-dallas/) - Panattoni Development Company, one of the largest privately held, full-service development companies in the world, is pleased to announce that John Wilcox has been named Partner in Dallas. Wilcox joins Panattoni with over 22 years of experience in the commercial real estate industry. As Partner, he will lead the region’s development team and be responsible - [Amazon getting ready to open 600,000-square-foot distribution center in Rancho Cordova](https://www.panattoni.com/news_article/amazon-getting-ready-to-open-600000-square-foot-distribution-center-in-rancho-cordova/) - Amazon has pulled permits worth $21.4 million for the installation of automated sorting machines for its new 629,000-square-foot center in the Rio Del Oro area of Rancho Cordova. Read Full Story - [BentallGreenOak Buys 753,000-SF Frederickson Industrial Facility](https://www.panattoni.com/news_article/bentallgreenoak-buys-753000-sf-frederickson-industrial-facility/) - BentallGreenOak has acquired an industrial building for $176 million. The 753,000-square-foot building is located in the FRED310 development in Frederickson that was jointly developed by the sellers, Panattoni and Crow Holdings. The property, Building D, is located at 6921 192nd St. E, reported the Puget Sound Business Journal. The Cushman & Wakefield team of Jeff - [Pierce County property sale ranks among largest deals of 2025](https://www.panattoni.com/news_article/pierce-county-property-sale-ranks-among-largest-deals-of-2025/) - Panattoni's FRED310 industrial park in Frederickson will total 4 million square feet when development is completed. Four of six planned buildings have been built so far. Read Full Story - [Pierce County mega warehouse on former Boeing land sells for $176 million](https://www.panattoni.com/news_article/pierce-county-mega-warehouse-on-former-boeing-land-sells-for-176-million/) - With tenants like GE and Kowa, Fred310’s Building D hits headlines for a reported $176M sale, led by BGO, highlighting industrial investment growth. By Brian Hayes| Debbie Cockrell Just one building at the FRED310 industrial site has reportedly sold for nearly as much as what the then-undeveloped land traded for from Boeing to a developer. - [Panattoni Development Company names new partner for Georgia](https://www.panattoni.com/news_article/panattoni-development-company-names-new-partner-for-georgia/) - A leading developer of commercial real estate has selected a new leader to oversee its Peach State operations. California-based Panattoni Development Company has appointed Joe Guion to serve as partner for its Georgia market, effective January 1. In his new role, Guion will lead Panattoni’s development pursuits in the state, supervising all areas of development, - [People on the Move](https://www.panattoni.com/news_article/people-on-the-move/) - Panattoni Development Company has named Jason Rosenberg as Managing Partner, Northeast and Upper Midwest US. In this new role he will oversee all local Panattoni offices within the region. For over 20 years Jason has been a part of the Panattoni team, most recently as a Partner with the Chicago office. During his time in - [Panattoni’s New 753,000 SQFT Industrial Building at FRED310](https://www.panattoni.com/news_article/panattonis-new-753000-sqft-industrial-building-at-fred310/) - New state-of-the-art, multi-tenant building is 100% leased Sale represents one of the largest “core” industrial building sales on West Coast in 2025 Read Full Story - [Panattoni, Crow Holdings Sell Seattle Asset](https://www.panattoni.com/news_article/panattoni-crow-holdings-sell-seattle-asset/) - A newly built 753,069-square-foot Class A industrial facility, part of the FRED310 development in Greater Seattle, has changed hands in a deal arranged by Cushman & Wakefield. The deal is one of the largest core industrial building sales on the West Coast this year so far, according to the brokerage. Panattoni Development and Crow Holdings - [LEED-certified Wespac industrial development reaches major milestone](https://www.panattoni.com/news_article/leed-certified-wespac-industrial-development-reaches-major-milestone/) - Wespac Construction is announcing the completion of Marbella Northern Parkway Phase 1, a LEED-certified project and the first step in a six-building, 51-acre industrial park master-planned for Northern Parkway and Dysart Road in Glendale. Developed by Panattoni Development Company and designed by Ware Malcomb, this transformative project delivers 445,000-square feet of high-quality industrial space across - [Marbella Northern Parkway completes Phase 1](https://www.panattoni.com/news_article/marbella-northern-parkway-completes-phase-1/) - Wespac Construction has successfully completed Marbella Northern Parkway Phase 1, a LEED-certified project and the first step in a six-building, 51-acre industrial park master-planned for Northern Parkway and Dysart Road in Glendale. Developed by Panattoni Development Company and designed by Ware Malcomb, this transformative project delivers 445,000 square feet of high-quality industrial space across three - [Wespac Construction Completes 445,000 SF First Phase of Industrial Park in Glendale, Arizona](https://www.panattoni.com/news_article/wespac-construction-completes-445000-sf-first-phase-of-industrial-park-in-glendale-arizona/) - GLENDALE, ARIZ. — Wespac Construction has completed Marbella Northern Parkway Phase 1, a LEED-certified industrial development in Glendale. Developed by Panattoni Development Co. and designed by Ware Malcomb, the master-planned industrial park will offer six buildings spread across 51 acres. The first phase includes three tilt-panel buildings totaling 445,000 square feet. Each building features two - [Panattoni Development Breaks Ground on Lincolnshire Industrial Center](https://www.panattoni.com/news_article/panattoni-development-breaks-ground-on-lincolnshire-industrial-center/) - Panattoni Development Company has broken ground on the Lincolnshire Industrial Center in South Lake County, Illinois. Lincolnshire Industrial Center, totaling 430,141 square feet, will include two purpose-built facilities designed for logistics, distribution, and manufacturing. One building will be 228,459 square feet on 14 acres and will have a 32-foot clear height, and the other property - [Panattoni gearing up for Lincolnshire Industrial Center groundbreaking next month](https://www.panattoni.com/news_article/panattoni-gearing-up-for-lincolnshire-industrial-center-groundbreaking-next-month/) - A new logistics and manufacturing hub is coming to Lincolnshire, offering flexible space options for multiple tenants. Read Full Article - [Panattoni Buys Two Industrial Buildings in Southwest Las Vegas](https://www.panattoni.com/news_article/panattoni-buys-two-industrial-buildings-in-southwest-las-vegas/) - LAS VEGAS — Panattoni Development Co. has purchased two industrial buildings situated on 7.2 acres in southwest Las Vegas. Terms of the transaction were not disclosed. Located at 3300, 3564 and 3515 Birtcher Drive, Southwest Vegas Innovation Center consists of the 138,817-square-foot Building 1, which includes 83,127 square feet of warehouse space and 55,690 square - [West Plains Logistics creates job opportunities and strengthens the eastern Washington economy](https://www.panattoni.com/news_article/west-plains-logistics-creates-job-opportunities-and-strengthens-the-eastern-washington-economy/) - An industrial space dedicated to warehousing, distribution and manufacturing has already attracted businesses to lease at 10015 W. Hallett Road. The project, which will be a hub for commerce and logistics, has made a significant impact on the community by driving economic growth and job creation. The buildings' 528,000 square feet of space should generate - [1.6M-SF Industrial Park Changes Hands in Lancaster](https://www.panattoni.com/news_article/1-6m-sf-industrial-park-changes-hands-in-lancaster/) - Panattoni Development Co. Inc. sold the 1.6-million-square-foot Midpoint Logistics Center in Lancaster to what the Dallas Business Journal reports is a likely affiliate of Sterling Investors LP. Dallas Central Appraisal District values the two sites at a combined $104.9 million. Panattoni completed the two-building complex off North Dallas Avenue, south of I-20, in 2023. Global - [Developer sells massive logistics center in Lancaster](https://www.panattoni.com/news_article/developer-sells-massive-logistics-center-in-lancaster/) - A huge industrial property that's entirely leased just changed hands in southern Dallas County. We dug into public documents to figure out the buyer. Learn more about the deal and what it means for the market in this story. Read Full Story - [Rivian inks industrial deal for Seattle service outpost](https://www.panattoni.com/news_article/rivian-inks-industrial-deal-for-seattle-service-outpost/) - Electric vehicle maker Rivian is expanding its footprint in the Seattle region, signing a deal for a planned service center in Bothell. The Irvine, California-based company leased space at North Creek Commerce Center, a 240,601-square-foot flex industrial park at 18712 Bothell Everett Highway under construction by Panattoni Development, according to a CBRE market report. Read - [People: Lindy Deller named developing leaders chair](https://www.panattoni.com/news_article/people-lindy-deller-named-developing-leaders-chair/) - NAIOP Northern Nevada announced Lindy Deller, current board member for NAIOP Corporate and NAIOP Northern Nevada has been named as the developing leaders chair for the U.S. and Ex-Officio to the Corporate Executive Committee. In this new role created by the board of directors, Deller will be the first to assemble and lead a national - [Gardner OKs initial plans for eight-building industrial park off I-35](https://www.panattoni.com/news_article/gardner-oks-initial-plans-for-eight-building-industrial-park-off-i-35/) - Planners approve the next step for an eight-building, 180-acre industrial park on a site that late last year went from being in Olathe to being part of Gardner. Read Story here. - [California developer scores bonds in second attempt for Southern JoCo industrial project](https://www.panattoni.com/news_article/california-developer-scores-bonds-in-second-attempt-for-southern-joco-industrial-project/) - After switching municipalities a California-based developer is moving forward with plans to build a new industrial park in Southern Johnson County. At 175th Street and Clare Road, Panattoni Development Co. plans to build eight Class A warehouse buildings totaling approximately 2.8 million square feet on about 183 acres. Wednesday, the Gardner City Council signaled its - [Panattoni Completes Build, Finalizes Sale of Aurora Warehouse for $46M](https://www.panattoni.com/news_article/panattoni-completes-build-finalizes-sale-of-aurora-warehouse-for-46m/) - Panattoni Development Company announced the completion and sale of a 356,462-square-foot Class A industrial warehouse at 2200 Sullivan Road in Aurora, Illinois. The property was sold to Ares for $46.34 million. Developed in partnership with Mar-Gulf Management Inc. and MDI Capital, LLC, the international real estate subsidiaries of Kuwait Financial Centre, the project broke ground - [Panattoni Development Completes 228,760 SF Nellis Commerce Center in North Las Vegas](https://www.panattoni.com/news_article/panattoni-development-completes-228760-sf-nellis-commerce-center-in-north-las-vegas/) - NORTH LAS VEGAS, NEV. — Panattoni Development Co. has completed Nellis Commerce Center in North Las Vegas. The 228,706-square-foot Class A industrial building features 17 dock doors, 18 additional knock-out panels and 48 trailer parking stalls. The facility also features 36-foot clearance, ESFR fire sprinklers and the ability to accommodate up to two tenants with - [Core Industrial Realty Arranges Sale of 356,000 SF Industrial Property in Aurora, Illinois](https://www.panattoni.com/news_article/core-industrial-realty-sells-356000-sf-spec-development-in-aurora-il-along-with-several-q4-transactions-2/) - AURORA, ILL. — Core Industrial Realty has arranged the sale of a 356,000-square-foot industrial property located at 2200 Sullivan Road in Aurora. The speculative building was developed by Panattoni in 2022 and was 75 percent leased at the time of sale. There are two tenants with leases totaling 260,000 square feet. Total consideration for the - [Core Industrial Realty sells 356,000 SF spec development in Aurora, IL along with several Q4 transactions](https://www.panattoni.com/news_article/core-industrial-realty-sells-356000-sf-spec-development-in-aurora-il-along-with-several-q4-transactions/) - Core Industrial Realty has recently completed the sale of a 356,000 square foot investment property on behalf of building ownership. Located at 2200 Sullivan Road in Aurora, Illinois, the speculative building was developed by Panattoni in 2022 and was 75% leased at the time of closing. The 356,000 SF building has two long-term tenants in - [Panattoni Development Completes 182,184 SF Simmons Airpark in North Las Vegas](https://www.panattoni.com/news_article/panattoni-development-completes-182184-sf-simmons-airpark-in-north-las-vegas/) - NORTH LAS VEGAS, NEV. — Panattoni Development Co. has completed Simmons Airpark at 2880 Simmons St. in North Las Vegas. The 182,184-square-foot industrial building features a clear height of 36 feet, full concrete drive aisles and truck court, rear loading configuration, 1,895 square feet of build-to-suit office areas, 50-foot by 52-foot column spacing and an - [Bham architect wraps up 58-acre industrial park project](https://www.panattoni.com/news_article/bham-architect-wraps-up-58-acre-industrial-park-project/) - A Birmingham-based architectural firm completed the design phase of four speculative industrial buildings near Toronto, Canada. Five South Architecture partnered with Toronto-based JRI Architects to design more than 1.3 million square feet of logistics space. The industrial park, named 8000 Dixie, is located at a former Ford Motor Co. parts distribution facility site in Brampton, - [Five South Architecture Completes Design for New 1.3 Million Square Foot Industrial Park near Toronto, Canada](https://www.panattoni.com/news_article/five-south-architecture-completes-design-for-new-1-3-million-square-foot-industrial-park-near-toronto-canada/) - Alabama-based architecture firm partners with Canadian architect to deliver design for a new industrial re-development project near Toronto. BIRMINGHAM, AL, UNITED STATES, November 19, 2024 /EINPresswire.com/ -- Five South Architecture, LLC, in partnership with Canadian-based JRI Architects, proudly announces the successful completion of the design phase for a state-of-the-art industrial park in Brampton, Ontario. Commissioned - [Popular online boutique Pink Lily relocates headquarters to Nashville](https://www.panattoni.com/news_article/popular-online-boutique-pink-lily-relocates-headquarters-to-nashville/) - A popular online women’s boutique is moving its headquarters to Nashville. Pink Lily, one of the fastest-growing online retailers in the U.S., landed on a Music Row office building for its Music City debut. Read on Nashville Business Journal - [Warehouse construction is booming in Pierce County. New real estate report shows how much](https://www.panattoni.com/news_article/warehouse-construction-is-booming-in-pierce-county-new-real-estate-report-shows-how-much/) - A new report from real estate firm Kidder Mathews shows Pierce County leading the way when it comes to regional warehouse development. Of the industrial construction activity in the Tacoma-Seattle area, 72.6% of the construction activity is in Pierce County with the start of Bridge Point Tacoma 2MM, according to Kidder Mathews’ industrial market third-quarter - [Atlanta's Largest Industrial Developers](https://www.panattoni.com/news_article/atlantas-largest-industrial-developers/) - Ranked by Square feet developed, 2023-present Read on BizJournals - [Nevada Strategic Growth Initiative aims to diversify the state economy through collaboration](https://www.panattoni.com/news_article/nevada-strategic-growth-initiative-aims-to-diversify-the-state-economy-through-collaboration/) - A new nonprofit entity designed specifically to diversify Nevada’s gaming and tourism-dependent economy was set in motion recently by Gov. Joe Lombardo and the Governor’s Office of Economic Development. The privately funded Nevada Strategic Growth Initiative will collaborate with myriad development agencies, chambers of commerce and other state and local leadership to work toward creating - [Industrial Construction Continues Its Plummet As Vacancy Rises](https://www.panattoni.com/news_article/industrial-construction-continues-its-plummet-as-vacancy-rises/) - Industrial real estate square footage under construction in the third quarter fell 43% from the previous year, the largest drop since 2008, new data from Cushman & Wakefield shows. Read on BisNow - [Panattoni Picks Partner for Data Center Push](https://www.panattoni.com/news_article/panattoni-picks-partner-for-data-center-push/) - Panattoni Development has added Adam Kramer, who previously served as CEO of carbon-emissions management company nZero. Read on COSTAR - [Panattoni to break ground on Tehaleh industrial development](https://www.panattoni.com/news_article/panattoni-to-break-ground-on-tehaleh-industrial-development/) - Panattoni Development Co. will break ground this week on a two-building industrial complex in the Tehaleh master-planned community in the Bonney Lake area, the community's developer, Brookfield Properties, announced Monday. Read on the Biz Journal - [‘Work in Tehaleh and live nearby.’ New industrial park coming to master planned community](https://www.panattoni.com/news_article/work-in-tehaleh-and-live-nearby-new-industrial-park-coming-to-master-planned-community/) - A new industrial park at Tehaleh is marking its official groundbreaking, with an anticipated completion later next year. Brookfield Properties and Panattoni Development on Monday announced the launch of Tall Firs Industrial Park. Read on The News Tribune - [Brookfield, Panattoni start warehouse project near Seattle](https://www.panattoni.com/news_article/brookfield-panattoni-start-warehouse-project-near-seattle/) - Two national real estate developers are starting construction on a pair of industrial buildings near Bonney Lake, Washington, southeast of Tacoma. Read on CoStar - [Colliers Secures Lease at Panattoni’s Burnt Creek Logistics Center](https://www.panattoni.com/news_article/colliers-secures-lease-at-panattonis-burnt-creek-logistics-center/) - Colliers has completed the lease-up of Burnt Creek Logistics Center, a 681,780-square-foot industrial facility in Vancouver, Washington. The long-term transaction, valued at over $51 million, represents the largest speculative industrial building lease-up in the history of the Portland metropolitan area, with the entire building leased to an undisclosed national grocer tenant. Serving as representatives for - [Vacancy rates up for industrial, office space](https://www.panattoni.com/news_article/vacancy-rates-up-for-industrial-office-space/) - As vacancy rates have increased for the industrial and office markets with reduced demand, panelists raised the specter that companies are waiting out the results of the election before making decisions on their space needs. That was one of the highlights of a recent luncheon held by the Southern Nevada CCIM Chapter at The Orleans. - [Panattoni’s 682,000 SQFT Burnt Creek Logistics Center in Vancouver, Wash., Secures Tenant in Massive Lease-Up](https://www.panattoni.com/news_article/panattonis-682000-sqft-burnt-creek-logistics-center-in-vancouver-wash-secures-tenant-in-massive-lease-up/) - Largest Speculative Industrial Lease-Up in Portland Metropolitan Area History Portland, OR September 17, 2024 – Colliers is proud to announce the successful lease-up of Burnt Creek Logistics Center, a 681,780-square-foot industrial facility in Vancouver, Washington. This monumental long-term transaction, valued at over $51 million, represents the largest speculative industrial building lease-up in the history of - [Panattoni to Begin Construction on Tall Firs Industrial Park](https://www.panattoni.com/news_article/panattoni-to-begin-construction-on-tall-firs-industrial-park/) - Panattoni is set to begin construction on Tall Firs Industrial Park, a two-building industrial complex within Tehaleh near Bonney Lake, reported the Puget Sound Business Journal. The project will include 216,000 square feet of Class A industrial space. The complex will be situated on an 11.5-acre site at 14621 and 14719 170th Ave. E. within - [Panattoni breaks ground on Pierce County industrial project](https://www.panattoni.com/news_article/panattoni-breaks-ground-on-pierce-county-industrial-project/) - The nearly $5.5 million land sale, in July, looked like a residential play, since the seller in a predominantly residential area was residential homebuilder NASH Cascadia Verde. But it turns out that the buyer at 14621 and 14719 170th Ave. E. was a venture of Panattoni Development and Brookfield Properties: TFI Phase I LLC. Those - [Lee & Associates closes 73,592-square-foot industrial lease in Aurora](https://www.panattoni.com/news_article/lee-associates-closes-73592-square-foot-industrial-lease-in-aurora/) - PHOTO COURTESY OF LEE & ASSOCIATES Lee & Associates negotiated a long-term lease transaction for a 73,592-square-foot industrial space at 2200 Sullivan Road in Aurora, Illinois. Michael Plumb, principal at Lee & Associates’ Illinois office, represented the tenant, Green Bay Packaging, Inc. and its Coated Products Division. Noel Liston and Nick Krejci of Core Industrial - [Construction to Begin on Panattoni’s 216,000 SQFT Tall Firs Industrial Park in Tehaleh Community Near Bonney Lake](https://www.panattoni.com/news_article/construction-to-begin-on-panattonis-216000-sqft-tall-firs-industrial-park-in-tehaleh-community-near-bonney-lake/) - Construction is set to begin on the Tall Firs Industrial Park, a two-building industrial complex within Tehaleh near Bonney Lake, according to industry reports. The project, developed by Panattoni Development Co., will add 216,000 square feet of Class A industrial space to the growing community. The complex will be situated on an 11.5-acre site at - [Former Miami Herald HQ Sells for $30M](https://www.panattoni.com/news_article/former-miami-herald-hq-sells-for-30m/) - The Miami Herald’s former headquarters was sold for $29.9 million. A partnership of Parmenter Realty Partners, Cudlob Capital and Prime Finance sold the 158,268-square-foot building at 3511 N.W. 91st Ave. to Panattoni Development Co. Cushman & Wakefield’s Wayne Ramoski, Mark Gilbert and Miguel Alcivar represented the seller in the deal. The S. Florida Business Journal - [Southeast El Paso's new industrial park to welcome first tenant in mid-September](https://www.panattoni.com/news_article/southeast-el-pasos-new-industrial-park-to-welcome-first-tenant-in-mid-september/) - EL PASO, Texas (KFOX14/CBS4) — The global development firm building an industrial park in southeast El Paso expects to welcome its first tenant in mid-September. Panattoni, the development firm behind southeast El Paso's Pellicano Industrial Park, will welcome its first tenant, Sumitomo Electric, in mid-September, according to Development Manager Dave Boyack. Sumitomo will ultimately occupy - [Cushman & Wakefield Arranges Sale Of Doral Office Property](https://www.panattoni.com/news_article/cushman-wakefield-arranges-sale-of-doral-office-property/) - Cushman & Wakefield has arranged the sale of 3511 Doral, a two-story,158,268-square-foot flex office building situated on nine acres located at 3511 NW 91 Ave. in Doral. Wayne Ramoski, Mark Gilbert and Miguel Alcivar of Cushman & Wakefield represented the selling partnership consisting of Parmenter Realty Partners, Cudlob Capital and Prime Finance in the transaction. - [Lee & Associates of Illinois Represents Green Bay Packaging in Aurora, IL Industrial Lease](https://www.panattoni.com/news_article/lee-associates-of-illinois-represents-green-bay-packaging-in-aurora-il-industrial-lease/) - Lee & Associates, one of the largest national commercial real estate providers in North America, has negotiated a long-term lease transaction for a 73,592-square-foot industrial space located at 2200 Sullivan Road in Aurora, IL. Michael Plumb, principal at Lee & Associates’ Illinois office, represented the tenant, Green Bay Packaging, Inc. (GBP) and their Coated Products - [Governor, business leaders launch Nevada Strategic Growth Initiative to diversify economy](https://www.panattoni.com/news_article/governor-business-leaders-launch-nevada-strategic-growth-initiative-to-diversify-economy/) - Nevada Gov. Joe Lombardo, along with a dynamic board of Nevada business leaders, announced Monday the launch of a new entity dedicated to developing and diversifying Nevada’s economy. The Nevada Strategic Growth Initiative will work with the Governor’s Office of Economic Development, local and regional economic development agencies, chambers of commerce, and other Nevada leaders - [Panattoni Development, Alston Construction Announce New Location](https://www.panattoni.com/news_article/panattoni-development-alston-construction-announce-new-location/) - Alston Construction and Panattoni Development Company have moved to a new location in the heart of the Tacoma CBD at 1201 Pacific Avenue, Ste 1700 in Washington. Owned by Unico Properties, 1201 Pacific is Tacoma’s largest office tower, and the 25-story tower was originally known as Wells Fargo Plaza. Founded in 1986 by Carl Panattoni, - [Panattoni Launches North American Data Center Group](https://www.panattoni.com/news_article/panattoni-launches-north-american-data-center-group/) - Panattoni Development Company has formed the North American Data Center Group, an Irvine-based initiative designed to expand the company’s presence in the rapidly escalating data center industry . Leading this new venture will be Panattoni’s newest partner, Adam Kramer, an accomplished strategist and data center leader with a substantial track record. “Adam’s expertise in corporate - [Panattoni Is Latest Industrial Giant To Move Into Data Centers](https://www.panattoni.com/news_article/panattoni-is-latest-industrial-giant-to-move-into-data-centers/) - The artificial intelligence industry’s growth is adding to new demand for data centers, catching the attention of more industrial developers as vacancy rises in their sector of the real estate industry. Panattoni Development is looking to start developing data centers, the firm announced Thursday. The developer is seeking to capitalize on the real estate demand - [Warehouse Developer Panattoni Plans Data- Center Push, Sparked by AI Boom](https://www.panattoni.com/news_article/warehouse-developer-panattoni-plans-data-center-push-sparked-by-ai-boom/) - One of the largest industrial real-estate developers in the U.S. plans to begin developing data centers as an artificialintelligence boom drives demand for the specialized buildings. Panattoni Development said Thursday it hired a partner, Adam Kramer, to lead a team that will build and operate data centers across North America. The Irvine, Calif.-based company said - [Core Industrial Realty Announces Multiple Transactions](https://www.panattoni.com/news_article/core-industrial-realty-announces-multiple-transactions/) - 2200 Sullivan Road, Aurora, IL (74,000 SF) Core Industrial Realty’s Noel S. Liston and Nick Krejci represented Panattoni Development in their lease of 74,000 SF at 2200 Sullivan Road in Aurora, Illinois. The 356,000 SF building developed by Panattoni now has two tenants and one remaining available space of 96,150 SF. The most recent transaction - [Wespac completes LEED-certified Surprise Crossings](https://www.panattoni.com/news_article/wespac-completes-leed-certified-surprise-crossings/) - Wespac Construction, Inc. announced the completion of Surprise Crossings, a state-of-the-art, LEEDcertified industrial shell building. This impressive 274,040 SF facility, situated on a sprawling 16.23-acre site, represents a significant milestone in sustainable construction and innovative industrial design. Owned and developed by Panattoni Development Co., designed by Cawley Architects, with JLL as the broker, the project - [Panattoni Development Company Announces Golden Trowel Award Nomination for Pellicano Industrial Park’s Building 3](https://www.panattoni.com/news_article/panattoni-development-company-announces-golden-trowel-award-nomination-for-pellicano-industrial-parks-building-3/) - (El Paso, TX) Panattoni Development Company announced today that phase one of their Pellicano Industrial Park development, located in El Paso, TX has been submitted for the prestigious Golden Trowel Award. Panattoni is grateful to partner with VEMAC Concrete on this east El Paso project. This nomination recognizes a commitment to advancements and excellence in - [Local students build LEGO city for community service project](https://www.panattoni.com/news_article/local-students-build-lego-city-for-community-service-project/) - A community service project completed by seventh graders at Jones Middle School in Buford has introduced students to the fields of development, architecture and construction. For six weeks, 550 students worked together during their homeroom time to complete more than 65 LEGO structures on deadline for the A-Town LEGO City community service project, which was - [Nevada Business Awards Recognizing Excellence](https://www.panattoni.com/news_article/nevada-business-awards-recognizing-excellence/) - Companies That Have Contributed Significantly to the Community Panattoni Development Company, Est. 1986 (1995 in Nevada) Panattoni is a commercial and industrial development company that continues to support the community. The company is led by Doug Roberts, who is also one of the founding members of Keaton Raphael Memorial, now known as the Northern Nevada - [Panattoni’s Travis Hale Named NAIOP’s President of the Year Award](https://www.panattoni.com/news_article/panattonis-travis-hale-named-naiops-president-of-the-year-award/) - Panattoni Development Company announced that Partner, Travis Hale was named President of the Year by NAIOP, the Commercial Real Estate Development Association, for his role as 2023 NAIOP Washington State Chapter’s President. Hale was awarded in recognition of his leadership in guiding his chapter through change, overcoming legislative challenges, and supporting event and membership growth. - [Panattoni Development Company Expands Region for Tim Schaedler as Partner for Nevada](https://www.panattoni.com/news_article/panattoni-development-company-expands-region-for-tim-schaedler-as-partner-for-nevada/) - (Sacramento, CA) – Panattoni Development Company is pleased to announce company veteran and acting Northern mCalifornia Partner, Tim Schaedler, has expanded his territory to include Nevada. This appointment follows Doug Roberts, mthe current Nevada Partner, taking on the role of Panattoni’ s President, National Development Group and a member of the mcompany’s Investment Committee. “Tim - [Group Picks Panattoni Development Manager for NAIOP Scholarship](https://www.panattoni.com/news_article/group-picks-panattoni-development-manager-for-naiop-scholarship/) - NAIOP, the commercial real estate development association, awarded its 2024 CRE Scholarship for Women and Underrepresented Professionals to Panattoni Development's Lindy Deller. mThis scholarship, jointly sponsored by Herndon, Virginia-based NAIOP and industrial giant Prologis, was mawarded to Deller because of her talent and commitment to advancing diversity in the commercial real estate industry, NAIOP said. - [Panattoni Pours Concrete Foundation for Million-Square-Foot Distribution Center in Pennsylvania’s I-81 Corridor](https://www.panattoni.com/news_article/panattoni-pours-concrete-foundation-for-million-square-foot-distribution-center-in-pennsylvanias-i-81-corridor/) - Panattoni Development Co. has begun pouring concrete for the second and final phase of the Rausch Creek Logistics Center, a massive new logistics facility built on the site of a long-decommissioned strip and subsurface coal mine in Tremont, Pennsylvania. Rausch Creek Logistics Center’s second phase will measure just over 1 million square feet and is - [2024 Excellent 10 Winners Panattoni Development Company, Inc. – FRED310 - 03.22.24](https://www.panattoni.com/news_article/2024-excellent-10-winners-panattoni-development-company-inc-fred310-03-22-24/) - The FRED310 industrial park in Frederickson, under development by Panattoni Development Company, Inc., is a $700 million+ investment. The distribution space, totaling 3.9 million square feet, indicates a significant logistics operation. The mix of speculative buildings and pre-leased spaces show both confidence in the project's success and strategic planning in securing tenants ahead of completion. - [Panattoni Development Breaks Ground on 422,000 SF Oasis Commerce Center in Las Vegas](https://www.panattoni.com/news_article/panattoni-development-breaks-ground-on-422000-sf-oasis-commerce-center-in-las-vegas/) - LAS VEGAS — Panattoni Development has broken ground on Oasis Commerce Center, an industrial development on South Rainbow Boulevard in Las Vegas. The project team includes Ware Malcomb, Westwood and Martin Harris Construction. Situated on 19.9 acres, the development will offer 422,000 square feet of Class A industrial space upon completion in fourth-quarter 2024. The - [KC Business Journal](https://www.panattoni.com/news_article/kc-business-journa/) - Hundreds of acres of undeveloped land along Interstate 35 could soon be home to a new industrial park. Panattoni Development Co. wants the Olathe City Council to rezone about 186 acres north of 175th Street and east of Clare Road to a general industrial district, which would allow for the construction of am intermodal industrial - [Panattoni Development Co. Completes $17.3 Million Speculative Industrial Building](https://www.panattoni.com/news_article/panattoni-development-co-completes-17-3-million-speculative-industrial-building/) - Panattoni Development Co.’s development of the 192,306-square-foot industrial building at 17710 E. Euclid Ave. in Spokane, Washington, was built with a functional and efficient layout. Its location is accessible to Spokane’s transportation network and is amenable to distribution, manufacturing and other industrial activities. The project has been selected as the winner of the 2024 CoStar - [Chicagoland Industrial Market Remains Resilient](https://www.panattoni.com/news_article/chicagoland-industrial-market-remains-resilient/) - The 10 major submarkets that comprise the broader Chicagoland industrial market all performed at or above expectations in 2023. While absorption was not as robust as the pandemic boom that saw back-to-back record years, 2023 was a solid year for absorption and a strong year in rental growth throughout the broader market. Significant deliveries of - [Pellicano Industrial Park](https://www.panattoni.com/news_article/pellicano-industrial-park/) - Pellicano Industrial Park offers Class A industrial space(s) ranging from 161,332 to 801,000 SF across 4 buildings on 108 acres. The property features include 36' - 40' clear height, and either rear-loading or cross-dock configurations. The property is conveniently located just 1.5 miles west of Loop 375 (Joe Battle), and 3.5 miles north of I-10. - [Doug Roberts: 25 Years in Nevada](https://www.panattoni.com/news_article/doug-roberts-25-years-in-nevada/) - DOUG ROBERTS President, National Development Group for Panattoni Doug Roberts is president of National Development Group of Panattoni Development Co. He brings over 34 years of knowledge and experience to Panattoni Development Company, Inc. His expertise is in overseeing development managers, during preliminary and ongoing stages of the budget and throughout the construction process. 1. - [Panattoni Development Company breaks ground on southeast El Paso industrial park](https://www.panattoni.com/news_article/panattoni-development-company-breaks-ground-on-southeast-el-paso-industrial-park/) - EL PASO, Texas (KFOX14/CBS4) — Global real estate development firm, Panattoni, announced Monday that it has broken ground on a new industrial park in southeast El Paso. Construction is officially underway on Pellicano Industrial Park, located at Pellicano Drive and Aircoupe Way in southeast El Paso, Panattoni Development Company announced on Monday. Pellicano Industrial Park - [Panattoni & Crow Holdings Break Ground on 782,875 SQFT FRED310 Project in Frederickson](https://www.panattoni.com/news_article/panattoni-crow-holdings-break-ground-on-782875-sqft-fred310-project-in-frederickson/) - SEATTLE, Wash. – November 30, 2023 – FRED310, a prominent new warehouse/distribution project on ,310-acres in the Greater Seattle area, developed by the joint venture of Panattoni and Crow Holdings ,Capital, has broken ground on its 782,875-square-foot building (E) for Harbor Freight Tools, a national tool ,retailer. The long-term lease, which remains one of the - [88-acre industrial project on Mount Rose Highway breaks ground](https://www.panattoni.com/news_article/88-acre-industrial-project-on-mount-rose-highway-breaks-ground/) - The large industrial development in south Reno will also include space for retail, office and multifamily use. A large industrial real estate project just broke ground in south Reno. Panattoni Development Company broke ground this month on a new industrial project called 580 South. The project, which encompasses 88 acres, is located in the corner - [Panattoni sells part of Natomas Advanced Logistics Center to Eiger Capital](https://www.panattoni.com/news_article/panattoni-sells-part-of-natomas-advanced-logistics-center-to-eiger-capital/) - A fully leased industrial property completed within the last two years has sold to a boutique investment firm in real estate properties. Developer Panattoni Development Company Inc., along with capital partner PCCP LLC, sold 3950 Duckhorn Drive in Sacramento's Natomas area to a buyer led by Eiger Capital. "The sale was a part of the - [Panattoni Project in Roseville Will Have Over 1 Million Square Feet](https://www.panattoni.com/news_article/panattoni-project-in-roseville-will-have-over-1-million-square-feet/) - Panattoni Development Company Inc. is adding more buildings to an industrial area on Foothills Boulevard in Roseville, for a project totaling over a million square feet. Roseville's planning commission will review a request for a major project permit Thursday for seven buildings on 7601 Foothills Blvd., perhaps best known previously as NEC's local site. Tim - [Former Movie Studio Property in Effingham Gets First, Spec Building](https://www.panattoni.com/news_article/former-movie-studio-property-in-effingham-gets-first-spec-building/) - Construction finally has begun on the property in Effingham County that had been the proposed site of a massive movie studio – a spec building that will be marketed to warehouse distribution, light assembly and e-commerce businesses. Panattoni Development Co. Inc. began construction last week on a 518,400-square-foot building that could be expanded to - [Amazon Said its New Nampa Warehouse Would Employ 1,000. That Number Has Grown](https://www.panattoni.com/news_article/amazon-said-its-new-nampa-warehouse-would-employ-1000-that-number-has-grown/) - Millions. That’s the number of packages that will leave Amazon’s $130 million fulfillment center in Nampa when it opens later this year. 2,000. That’s the number of workers Amazon says it plans to hire now, double the 1,000 previously announced. The four-story warehouse at Franklin and Star roads, kitty-corner to the Lactalis cheese factory, - [Amazon Distribution Center in Mt. Juliet Details Announcement Includes 1,000 Jobs, Robotics](https://www.panattoni.com/news_article/amazon-distribution-center-in-mt-juliet-details-announcement-includes-1000-jobs-robotics/) - A massive distribution facility under construction in Mt. Juliet being built for Amazon that will bring 1,000 new jobs was formally announced Friday by the Tennessee Department of Economic and Community Development. The facility is projected to have 3.52 million square feet of warehouse space and 80,000 square feet of office space on land on land off - [Congratulations to Doug Roberts and the Whole Nevada Team!](https://www.panattoni.com/news_article/congratulations-to-doug-roberts-and-the-whole-nevada-team/) - NAIOP Southern Nevada Chapter Announces Winners of 23rd Annual Spotlight Awards, Presented Virtually June 26, 2020 By Press Release Wire Comments LAS VEGAS – NAIOP Southern Nevada, an organization representing commercial real estate developers, owners and related professionals in office, industrial, retail and mixed-use real estate, held its 23rd Annual NAIOP Spotlight Awards in a June 25 virtual - [Industrial Park In The Works for Vernon Hills' Largest Undeveloped Site](https://www.panattoni.com/news_article/vernon-hills-industrial-park-in-the-works/) - Published By: Mick Zawislak/Daily Herald After being annexed with other properties into Vernon Hills in the mid-1980s, the Darling family farm west of Milwaukee Avenue became surrounded by an assortment of new neighbors as the Corporate Woods business park was built. Local lore has it the Darling family patriarch secured a promise from his children not - [Sale of Boeing Property to Blackstone Affiliate Clears Way for Large Business Park](https://www.panattoni.com/news_article/sale-of-boeing-property-to-blackstone-affiliate-clears-way-for-large-business-park/) - Boeing sold 54 acres in Kent to the industrial arm of Blackstone, which is planning a business park that will total nearly 808,000 square feet. Link Industrial Properties, Blackstone's U.S. industrial arm, and Panattoni paid $60 million for the property in the Pacific Gateway area, according to public records. It's unusual for a large development site - [Amazon Anchored Southside Warehouse Complex Fetches $78M](https://www.panattoni.com/news_article/amazon-anchored-southside-warehouse-complex-fetches-78m/) - The developer that turned a swath of Philip Morris-owned land on the city’s Southside into nearly 1 million square feet of prime warehouse space has unloaded the property in an eight-figure deal. Panattoni Development Co. last week sold the Virginia I-95 Distribution center at 4701 and 4949 Commerce Road for $78.5 million. The buyer was - [PCCP, Panattoni To Develop 328K SF Spec Industrial Facility in Cartersville](https://www.panattoni.com/news_article/pccp-panattoni-to-develop-328k-sf-spec-industrial-facility-in-cartersville/) - January 7, 2020 PCCP and Panattoni Development Company have announced plans for the development of a speculative 328,000-square-foot industrial facility in Cartersville. The project is located directly off I-75 in Bartow County. The firms recently acquired the 104-acre site that allows for the development of up to 724,000 square feet across two buildings, which are - [Panattoni, LaSalle Divest Pair of Puget Sound Industrial Assets for $90M](https://www.panattoni.com/news_article/panattoni-lasalle-divest-pair-of-puget-sound-industrial-assets-for-90m/) - December 11, 2019 Black Creek Group acquired two Puget Sound industrial properties from a partnership of Panattoni Development Company, Inc. and LaSalle Investment Management, Inc. for an aggregate $87.6 million. The Class A assets include North Auburn Logistics in Auburn and The Reserve @ Woodinville in Woodinville. North Auburn Logistics is located at 6607 South - [Panattoni Files Plans To Build 40 Acre Industrial Park In West Henderson, NV](https://www.panattoni.com/news_article/panattoni-files-plans-to-build-40-acre-industrial-park-in-west-henderson-nv/) - A fast-growing pocket of Southern Nevada has another big project on the books. Panattoni Development Co. has filed plans to build a 40-acre industrial project in west Henderson next to the Raiders’ under-construction practice facility off St. Rose Parkway, city documents show. The project comprises three buildings totaling 850,080 square feet, including one that will - [157,400 SF LEASED AT PANATTONI'S EASTVIEW COMMERCE CENTER](https://www.panattoni.com/news_article/157400-sf-leased-at-panattonis-eastview-commerce-center/) - Newmark Knight Frank Brokers Lease for 157,400-SF Industrial Building Sep 23, 2019 Newmark Knight Frank (NKF) has brokered the lease for an entire 157,400-square-foot industrial building at Eastview Commerce Center, a new 800,000-square-foot industrial park in Miami, being developed by Panattoni Development Company. Mr. Greens Produce, the largest privately-owned produce distributor in Florida, will fully - [Panattoni's Glacier Peak at Riverside Business Park 75% Leased](https://www.panattoni.com/news_article/panattonis-glacier-peak-at-riverside-business-park-75-leased/) - EVERETT — Amazon is expected to open a new distribution center at the Riverside Business Park in northeast Everett. The facility is located at the Port of Everett’s 86-acre industrial waterfront business park along the Snohomish River in the Snohomish County city. The Seattle-based online retail giant reportedly leased the lion’s share of a 204,498 - [Entertainment Titan BMG Bets on Panattoni's 1 Music Circle South in Bid to Grow International Business](https://www.panattoni.com/news_article/entertainment-titan-bmg-bets-on-panattonis-1-music-circle-south-in-bid-to-grow-international-business/) - Country singer Lindsay Ell walked into label executive Jon Loba’s office in tears. Ell had endured a few failed radio singles and she thought Loba’s hands were tied. “I know you have to drop me,” she said. “I said, ‘I’m not giving up until you give up, and I know you’ll never give up,’ ” - [Panattoni Developing Massive Warehouse - Houston, TX](https://www.panattoni.com/news_article/panattoni-developing-massive-warehouse-houston-tx/) - Massive industrial warehouse under construction southeast of Houston California-based Panattoni Development Co. and its equity partner, MetLife Investment Management, announced last week that they've broken ground on a massive Houston-area warehouse. The Class A industrial warehouse, named Bayport South, spans 642,994 square feet — or nearly 15 acres — at 10575 Red Bluff Road in - [Construction Wraps on 271,000 SF Longley Commerce Center](https://www.panattoni.com/news_article/construction-wraps-on-271000-sf-longley-commerce-center/) - News | August 19, 2019 NNBV staff report RENO, Nev. — Panattoni Development Company announced recently the completion of construction of the 270,975-square-foot Longley Commerce Center in South Reno. The Class A industrial building at 6550 Longley Lane was built on the last large industrial site in South Reno, at the old Capurro-Quilici Ranch. Demand - [Development Continues at Apple Valley Industrial Park](https://www.panattoni.com/news_article/development-continues-at-apple-valley-industrial-park/) - Phase I of the Apple Valley Industrial Park in Duncan is now 100% leased, with the recent commitment of more than 75,000 square feet by an automotive supplier. Panattoni Development has broken ground on Phase IV of the industrial park, with construction expected to be completed by the first quarter of 2020, according to a - [Next Phase of North Valleys Commerce Center Begins](https://www.panattoni.com/news_article/next-phase-of-north-valleys-commerce-center-begins/) - RENO, Nev. — When Panattoni Development Company begins the second phase of its North Valleys Commerce Center project at the end of April, it marks the start of the largest speculative industrial project ever undertaken at one time in the state. Panattoni plans to construct five buildings totaling 1.36 million square feet in a quick - [Panattoni Development Completes Centennial Commerce Center in North Las Vegas](https://www.panattoni.com/news_article/panattoni-development-completes-centennial-commerce-center-in-north-las-vegas/) - LAS VEGAS — Panattoni Development Co. has completed the construction of Centennial Commerce Center, a speculative industrial facility in North Las Vegas. Located at 6405 E. Centennial Parkway on 10.4 acres, the cross-docked 213,000-square-foot facility features 32-foot clear heights, ESFR sprinklers, LED warehouse lighting and flexible office build-outs. Valued at $16 million, the project will - [ICEE BRINGS HEADQUARTERS TO MIDDLE TENNESSEE](https://www.panattoni.com/news_article/icee-brings-headquarters-to-middle-tennessee/) - Icee leaves California, brings HQ to Middle Tennessee The Icee Co., which makes a range of frozen beverages and slushies, is relocating its corporate headquarters from California to La Vergne, about 20 miles southeast of Nashville. On Wednesday, the company revealed that it would invest $10.3 million to make the move, creating more than 200 - [Panattoni Breaks Ground on Next North Valleys Commerce Center Phase](https://www.panattoni.com/news_article/panattoni-breaks-ground-on-next-north-valleys-commerce-center-phase/) - Courtesy Panattoni Development Exterior view of the North Valleys Commerce Center at 9460 N. Virginia St, Reno. RENO, Nev. — Panattoni Development announced on Feb. 14 that construction has begun on Building E in the North Valleys Commerce Center. According to a news release on behalf of the development company, the first phase of - [Corelle Brands Moving Into Panattoni's Gateway Global Logistics Center](https://www.panattoni.com/news_article/4275/) - CORELLE BRANDS OPENING MANUFACTURING AND DISTRIBUTION FACILITY IN MARSHALL COUNTY, CREATING 400 JOBS Jackson, Miss. (Jan. 24, 2019) – Corelle Brands LLC, a leading American manufacturer and marketer of houseware brands such as Pyrex, Snapware and Corelle, announced it is moving a portion of its manufacturing and distribution operations to Marshall County. The company plans to - [Deal signed to fill spec warehouse on former Philip Morris site](https://www.panattoni.com/news_article/deal-signed-to-fill-spec-warehouse-on-former-philip-morris-site/) - The first phase of a sprawling spec industrial complex just south of the James has landed its first big tenant.Brother International Corp. on Monday announced plans to relocate its East Coast distribution operations from Cranbury, New Jersey to Panattoni Development Co.’s new Virginia I-95 Distribution development, which is under construction at 4701 Commerce Road.The subsidiary - [Amazon Bringing 850 Jobs to Panattoni's Gateway Global Center in Marshall County, MS](https://www.panattoni.com/news_article/amazon-bringing-850-jobs-to-panattonis-gateway-global-center-in-marshall-county-ms/) - Amazon announced it will build its first Mississippi fulfillment center in Marshall County, continuing its build-out of its distribution network. The e-commerce giant announced that it will bring 850 jobs to the northern Mississippi county, which is just across the border from Fayette County and close to crucial infrastructure such as I-269 and hubs such - [Cooper Tire Opens New Site In Mississippi](https://www.panattoni.com/news_article/cooper-tire-opens-new-site-in-mississippi/) - Cooper Tire and Rubber has opened a 93,000 sq.m distribution centre in Byhalia, Mississippi. Built by Panattoni Development Company, it is the tyremaker’s largest such centre. According to the Mississippi Development Authority, Cooper is investing $10m in it, in an overall project worth $50.5m. The facility, which is situated in the Gateway Global Logistics Centre, - [Panattoni Reno - New 800,000 SF Distribution Center](https://www.panattoni.com/news_article/panattoni-reno-new-800000-sf-distribution-center/) - S&S Activewear announced Tuesday that it will open a brand new 800,000 square foot distribution center in Reno. The company is the largest tenant ever to be signed in a speculative project in state history, meaning the space was built without a tenant in mind. S&S Activewear says its current California warehouse will be consolidated into the - [Announcing New Lease For Full 482,300 SF Building at South 15 Airport Center](https://www.panattoni.com/news_article/announcing-new-lease-for-full-482300-sf-building-at-south-15-airport-center/) - Colliers International – Las Vegas’ Industrial Team Leases Panattoni’s ±482,300 Square Foot Distribution Facility at south15 Airport Center September 7, 2018 By Press Release Wire Comments LAS VEGAS – Colliers International – Las Vegas is pleased to announce the lease up of Panattoni’s newly completed ±482,300 SF distribution facility at South15 Airport Center in Henderson - [Industrial Real Estate Boom Continues, But How Long Can It Last?](https://www.panattoni.com/news_article/industrial-real-estate-boom-continues-but-how-long-can-it-last/) - The market for industrial commercial real estate started soaring soon after the recession ended. So far, it is showing no signs of slowing down. “The demand is remarkably strong,” Panattoni Development partner Bart Brynestad said. “It has gone on longer than anyone would have suspected.” It could even be gaining momentum. Panattoni Development is an international industrial - [$30M Distribution Center Breaks Ground in Bartow](https://www.panattoni.com/news_article/30m-distribution-center-breaks-ground-in-bartow/) - When Amir Loloi jammed his shovel into the red Georgia mud Wednesday, he may not have literally struck gold, but he nonetheless said he hit pay dirt. "We're making a major commitment in this area," the owner and president of Loloi Inc said at the groundbreaking ceremony for his company's new distribution center along Cass-White - [Panattoni Development Breaks Ground on 204,000 SF Spec Industrial Park in Las Vegas](https://www.panattoni.com/news_article/panattoni-development-breaks-ground-on-204000-sf-spec-industrial-park-in-las-vegas/) - LAS VEGAS — Panattoni Development Co. has broken ground Centennial Commerce Center, located at 6405 E. Centennial Parkway in North Las Vegas. Situated on 10.4 acres, the property will feature 204,000 square feet of speculative industrial space. Valued at $16 million, the cross-dock facility will feature 32-foot clear heights, an ESFR sprinkler system, LED warehouse - [Panattoni Development Sells Two Industrial Buildings in Reno for $81.1M](https://www.panattoni.com/news_article/panattoni-development-sells-two-industrial-buildings-in-reno-for-81-1m/) - RENO, NEV. — Panattoni Development Co. has completed the disposition of buildings A1 and B of the North Valleys Commerce Center (NVCC) in Reno. PRISM-IQ Nevada LLC and GOF Nevada LLC purchased the properties for $81.1 million. Panattoni made the sale through CP Logistics NVCC and CP Logistics NVCC Building A-1, two joint ventures between Panattoni - [Smith’s Creates 270 New Jobs with Reveal of Henderson Distribution Center](https://www.panattoni.com/news_article/smiths-creates-270-new-jobs-with-reveal-of-henderson-distribution-center/) - With the assistance of Las Vegas Global Economic Alliance and partnership with the City of Henderson, Smith’s Food & Drug Stores plans to open a nearly $13.5 million dry-good distribution center in Henderson, Nevada. The grocer will lease the new facility from Panattoni Development, the entity that developed the site. Smith’s Food & Drug will - [Panattoni Starts Latest Anaheim Industrial Project](https://www.panattoni.com/news_article/panattoni-starts-latest-anaheim-industrial-project/) - REAL ESTATE: 4 buildings at Placentia city line planned Panattoni Development Co., the most ac­tive industrial developer in Anaheim over the past decade, has started work on another project there, a multibuilding business park at the Placentia city line. The Newport Beach-based developer re­cently kicked off work on Orange County Commerce Center, a four-building industrial - [Panattoni Plans Nearly 300K-SF of Logistics Developments in NW](https://www.panattoni.com/news_article/panattoni-plans-nearly-300k-sf-of-logistics-developments-in-nw/) - Newport Beach, CA-based Panattoni Development has acquired two sites in Pacific, WA, and plans to develop a pair of logistics centers. The facilities will total nearly 300,000 square feet, and the sites are located west of Highway 167, north of Sumner and near Lake Tapps, which is roughly 30 miles south of Seattle. One project, - [Panattoni Commences Construction in Anaheim, Placentia](https://www.panattoni.com/news_article/panattoni-commences-construction-in-anaheim-placentia/) - Newport Beach, CA-based Panattoni Development Company, Inc. broke ground on a four-building industrial development on the border of Anaheim and Placentia, CA. The 232,000-square-foot project is being developed in partnership with Principal Real Estate Investors. Panattoni acquired the rare 10-acre land parcel in 2017, according to Daum’s Chris Migliori, who directed the sale and will - [Panattoni Named Largest Industrial Developer In Chicago](https://www.panattoni.com/news_article/panattoni-named-largest-industrial-developer-in-chicago/) - FOR IMMEDIATE RELEASE PANATTONI NAMED LARGEST INDUSTRIAL DEVELOPER IN CHICAGO Chicago, IL. – (June 6, 2018) – Panattoni Development Company, Inc. has been named the largest industrial developer in Chicago with more than 4.6 million square feet of speculative development built over the past five years. The Real Estate Market Facts & Footnotes (REmark) released - [Panattoni Sells Las Vegas-Area Industrial Asset](https://www.panattoni.com/news_article/panattoni-sells-las-vegas-area-industrial-asset/) - MBS Standoffs purchased one of the six buildings in the Henderson Freeways Crossing property, through a 1031 exchange. The 19,280-square-foot Building C traded for $2.5 million. MBS Standoffs has purchased Building C of the Henderson Freeways Crossing industrial property, from Panattoni Development, for $2.5 million. The 19,280-square-foot single tenant shell building traded in a $130 - [E-Commerce, Business Relocation Feed Growth in Las Vegas Industrial Market](https://www.panattoni.com/news_article/e-commerce-business-relocation-feed-growth-in-las-vegas-industrial-market/) - LAS VEGAS — The Las Vegas industrial market was built on supporting the city’s tourism and hospitality industry, which brings in nearly $60 billion per year, according to a study by Applied Analytics. But in recent years, the segment has evolved and grown thanks to the emergence of e-commerce and the harsh market conditions of - [Rug Distributor Loloi Opening First Georgia Hub, Adding 200 Jobs](https://www.panattoni.com/news_article/rug-distributor-loloi-opening-first-georgia-hub-adding-200-jobs/) - What do talk show personality Ellen DeGeneres, a Bohemian lifestyle expert and author and a home fixer-upper television host have in common? Rugs. Three quarters of a million square feet of rugs, along with 200 new jobs in Cartersville, a city an hour north of Atlanta. Dallas-based Loloi has tapped Panattoni Development Co. to develop - [Need for Reno-Area Big Box Space Key Focus in Tightening Industrial Market](https://www.panattoni.com/news_article/need-for-reno-area-big-box-space-key-focus-in-tightening-industrial-market/) - RENO, Nev. — Reno's tightening industrial market is bumping up rental rates across the board, but nowhere is the pressure being felt more than for quality space to serve smaller tenants in the 5,000- to 50,000-square-foot range. Several new projects coming online later this year will address the region's pressing need for new Class A - [Texas textile maker to put distribution center in Bartow](https://www.panattoni.com/news_article/texas-textile-maker-to-put-distribution-center-in-bartow/) - Loloi Inc., a wholesaler of rugs and other home furnishings, has revealed plans to build a new distribution center in Cartersville which will result in 198 new jobs. The distribution center will be constructed on a 59-acre tract at the intersection of Old Cass-White Road and Peeples Valley Road, just to the west of Interstate - [Loloi Expands Cartersville, Georgia, Production Facility](https://www.panattoni.com/news_article/loloi-expands-cartersville-georgia-production-facility/) - Loloi Inc., a wholesaler of rugs and other home furnishing, will create 198 jobs with a distribution facility in Cartersville, Georgia. The Bartow County facility will sit on approximately 59 acres, and is around 647,000 square feet.“We take pride in the diversity of industries in Georgia,” said GDEcD Commissioner Pat Wilson. “As we welcome Loloi - [Permit Patrol: 9 April 2018](https://www.panattoni.com/news_article/permit-patrol-9-april-2018/) - Work being done for Music Row office building, Renaissance Hotel spaces, and more… AUTHORS Staff Reports Panattoni Development Co. has landed the latest in various major permits for its five-story Music Row office building under construction at 1 Music Circle South. The permit, valued at about $12.8 million, will allow the construction of the office tower’s - [Panattoni Announces 815,670 SF BTS Lease with Dorman Products in Portland, Robertson County, TN](https://www.panattoni.com/news_article/panattoni-announces-815670-sf-bts-lease-with-dorman-products-in-portland-robertson-county-tn/) - FOR IMMEDIATE RELEASE Nashville, TN, March 23, 2018 - Panattoni Development Company, Inc. announced today that they have commenced development on a 815,670-square-foot warehouse leased to Dorman Products in the Tennessee Kentucky Business Park in Portland, Robertson County, TN. The build-to-suit facility will be completed by year-end 2018 and will be Dorman’s largest distribution center - [Dorman Products to invest $55M, create 215 new jobs in Robertson County](https://www.panattoni.com/news_article/dorman-products-to-invest-55m-create-215-new-jobs-in-robertson-county/) - A Robertson County auto parts maker and its capital partner will invest $55 million to expand operations in Portland’s Tennessee-Kentucky Industrial Park, adding about 215 jobs and a new 815,670-square-foot production and distribution facility to the area. The project, announced Friday, is scheduled to be complete by the end of this year, and, once operational, - [Panattoni Buys North Las Vegas Land for 204,000 SF Industrial Park](https://www.panattoni.com/news_article/panattoni-buys-north-las-vegas-land-for-204000-sf-industrial-park/) - NORTH LAS VEGAS — Panattoni Development Co. has purchased a 10.4-acre parcel in North Las Vegas where it plans to build Centennial Corporate Park, a 204,000-square-foot industrial warehouse facility. The land purchase price was not disclosed, but the development is valued at $16 million, according to Panattoni. Centennial Corporate Park will feature cross-dock ware space with - [Panattoni Development Breaks Ground on 1,016,880 SF BTS Facility & Commences Construction 554,040-SF Spec Distribution Center in Marshall County, MS](https://www.panattoni.com/news_article/panattoni-development-breaks-ground-on-1016880-sf-bts-facility-commences-construction-554040-sf-spec-distribution-center-in-marshall-county-ms/) - FOR IMMEDIATE RELEASE Newport Beach, CA, February 7, 2018 - Panattoni Development Company, Inc. announced today that they have commenced development on a 1,016,880-square-foot warehouse leased to Cooper Tire at Panattoni’s Gateway Global Logistics Center (GGLC) in Marshall County, MS, a submarket of the greater Memphis industrial market. The build-to-suit facility will be completed this - [Northern Nevada Logistics Sector has High Hopes for a Prosperous 2018](https://www.panattoni.com/news_article/northern-nevada-logistics-sector-has-high-hopes-for-a-prosperous-2018/) - Northern Nevada's network for storing and distributing goods sees a big year ahead in 2018. Developers are bullish, and one in particular, Panattoni, will show it with mammoth new warehouses planned for north and south Reno. Meanwhile, for those who operate within those buildings, the past year was already a good one. But at least - [CBRE Secures Portland Industrial Asset Sale](https://www.panattoni.com/news_article/cbre-secures-portland-industrial-asset-sale/) - CBRE represented Panattoni Development in the sale of a 12.6-acre industrial site at Panattoni’s Portland Portal Distribution Center in Gresham, Ore. Andy Kangas, CBRE’s President worked on behalf of the seller. Macadam Forbes’ brokers Rod Brokenshire and Stu Peterson worked on behalf of the buyer, a local food distributor. Located at 172nd NE and Sandy Blvd, the - [Big-Time Expansion in Panattoni’s Plans for North Reno](https://www.panattoni.com/news_article/big-time-expansion-in-panattonis-plans-for-north-reno/) - Panattoni Development's presence in north Reno is about to swell with one of the largest industrial structures built on spec so far in Nevada. A joint partnership between Panattoni Development and the California State Teachers' Retirement System recently announced a 47.74-acre land deal for the expansion of Panattoni's North Valleys Commerce Center. Getting this project - [North Valleys Mary’s Gone Crackers Facility Sold](https://www.panattoni.com/news_article/north-valleys-marys-gone-crackers-facility-sold/) - The Mary's Gone Crackers headquarters, manufacturing and distribution center was sold to LBA Realty for $29.5 million. The 423,001-square-foot Class A facility, a part of Phase 1 of the North Valleys Commerce Center is located at 9460 N. Virginia Street in Reno. It totals 1.48 million square feet and is home to tenants including Microflex, - [Port Of Everett Bringing More Jobs To Riverside Business Park](https://www.panattoni.com/news_article/port-of-everett-bringing-more-jobs-to-riverside-business-park/) - It has taken a while to get going but now the Riverside Business Park owned by the Port of Everett next to the Snohomish River is really filling up. Here’s the latest update from the Port… On October 24, the Port of Everett Commission authorized the CEO to enter into a purchase and sale agreement with Panattoni - [Elemental LED Expands South Reno Facility](https://www.panattoni.com/news_article/elemental-led-expands-south-reno-facility/) - Elemental LED, a manufacturer of low-voltage linear lighting solutions in the United States, is expanding its new space at the South Valley Commerce Center, off of Sandhill Road in South Reno. The company is adding 13,200 square feet bringing the U.S. manufacturing and research and development facility to a total of 64,796 square feet. Elemental - [McKesson to Open Distribution Center in Roseville, Employing About 166](https://www.panattoni.com/news_article/mckesson-to-open-distribution-center-in-roseville-employing-about-166/) - McKesson Medical-Surgical, a subsidiary of pharmaceutical distributor McKesson Corp., said it plans to open a new medical distribution center in Roseville in mid-2018, employing an estimated 166 people. The company is expected to start hiring this fall. McKesson (NYSE: MCK) already operates two smaller facilities in the Sacramento area, which will be consolidated into the new distribution center. - [Construction to Start on Dignity Health's $30 Million Building in Citrus Heights](https://www.panattoni.com/news_article/construction-to-start-on-dignity-healths-30-million-building-in-citrus-heights/) - Construction is slated to begin next week on the new $30 million Dignity Health medical office building in Citrus Heights. The 68,000-square-foot, three-story outpatient building near Greenback Lane and Fountain Square Drive, the former location of Citrus Heights' City Hall, is meant to relieve pressure on Dignity’s medical office building at 6555 Coyle Ave. in - [Inland Empire Logistics Center Trades for $20M](https://www.panattoni.com/news_article/inland-empire-logistics-center-trades-for-20m/) - Cushman & Wakefield facilitated an industrial transaction on behalf of CP Logistics Fontana. The 135,651-square-foot logistics center, located in the Fontana submarket of the Inland Empire region, changed hands for $19.8 million, or $146 per square foot. The buyer is an affiliate of Zurich North America. West Fontana Logistics Center, one of Panattoni Development Co.’s warehouse - [PCCP and Panattoni Form Joint Venture to Develop Industrial Project in Spartanburg](https://www.panattoni.com/news_article/pccp-and-panattoni-form-joint-venture-to-develop-industrial-project-in-spartanburg/) - PCCP, LLC announced it has formed a joint venture with Panattoni Development Company, Inc. for the development of two Class A industrial warehouse buildings totaling 373,320 square feet on a 39‐acre site in Duncan, a city within the Greenville-Spartanburg market. The project will include one 196,000-square-foot warehouse and one 177,320-square-foot warehouse. The latter building has - [Building Products Supplier is First Tenant for Panattoni's New Nashville Warehouse Park](https://www.panattoni.com/news_article/building-products-supplier-is-first-tenant-for-panattonis-new-nashville-warehouse-park/) - Virginia-based Lansing Building Products leases 40,000 square feet of space at 595,000-square-foot Panattoni-developed Skyline Distribution Park on Brick Church Pike. A Richmond, Va.-based national supplier of exterior building products has become the first tenant to lease space at the new Skyline Distribution Park on Brick Church Pike. In November, Lansing Building Products will relocate its - [Panattoni Development Completes $24M Airport Industrial Center in Henderson](https://www.panattoni.com/news_article/panattoni-development-completes-24m-airport-industrial-center-in-henderson/) - HENDERSON, NEV. — Panattoni Development has completed a 482,300-square-foot industrial building at South 15 Airport Center in the Las Vegas submarket of Henderson. The building is situated on a 28-acre parcel on Executive Airport Drive. The $24 million project has a clear height of 36 feet. The project is the only large industrial development located - [Four New Industrial Buildings Planned in Mt. Juliet, Medline Industries to Take One](https://www.panattoni.com/news_article/four-new-industrial-buildings-planned-in-mt-juliet-medline-industries-to-take-one/) - Two industrial buildings are currently under construction in Mt. Juliet that has one user confirmed with two larger warehouses also planned. Panattoni Development Co. is developing the buildings as part of its Beckwith Farms industrial park in Mt. Juliet according to officials. Medline Industries, a medical supply manufacturer and supplier, will move into an estimated 250,000 - [Big Warehouse Projects to Bring Jobs to Henry, Fulton Counties](https://www.panattoni.com/news_article/big-warehouse-projects-to-bring-jobs-to-henry-fulton-counties/) - Metro Atlanta’s surge in warehousing, fueled largely by e-commerce, accelerated Tuesday with a pair of moves that will bring 1,600 new jobs to south Fulton County and likely hundreds more in Henry County. British online fashion giant ASOS said it will open an East Coast “fulfillment center” in Union City that will employ 1,600 people over - [California Company Plans Million-Square-Foot Distribution Center in Richmond](https://www.panattoni.com/news_article/california-company-plans-million-square-foot-distribution-center-in-richmond/) - Panattoni Development Co. Inc., based in Newport Beach, Calif., has acquired 62 acres for the development of a 1 million-square-foot distribution center across from Richmond Marine Terminal (RMT). The site is located along Commerce Rd., south of the Bells Road/ I-95 interchange. In announcing the project both the city and CBRE | Richmond, who will - [Panattoni buys Lakewood industrial site](https://www.panattoni.com/news_article/panattoni-buys-lakewood-industrial-site/) - California-based Panattoni Development Company has purchased Lakewood Tacoma Gateway, a 21.83-acre industrial development site in Lakewood. The property, located at 14801 Spring Street SW, is 10 miles from the Port of Tacoma along the I-5 corridor. Panattoni will immediately start construction of a 467,526 square foot, 36-foot clear height Class A warehouse, which will also - [Ground broken for Seattle Gateway Center – Two buildings add office space, service to port and 600 jobs in Burien](https://www.panattoni.com/news_article/ground-broken-for-seattle-gateway-center-two-buildings-add-office-space-service-to-port-and-600-jobs-in-burien/) - With the toss of a shovel of dirt came the promise of 600 or more jobs in Burien. On Tuesday morning, June 6, the city’s mayor Lucy Krakowiak joined representatives of the Port of Seattle and Panattoni Development for a groundbreaking ceremony for “Seattle Gateway Center,” a 26.2-acre site that will house two Class “A” - [PCCP, Panattoni JV on Tacoma Gateway](https://www.panattoni.com/news_article/pccp-panattoni-jv-on-tacoma-gateway/) - Los Angeles-based PCCP acquired Tacoma Gateway, a 21.7-acre site in Lakewood, WA in joint venture with Newport Beach, CA-based Panattoni Development Co. for a reported $7.3 million. The 467,526-square-foot warehouse distribution facility is fully-approved, and development is underway with completion anticipated in February 2018. PCCP’s Dorian Farhang says, “We believe Tacoma Gateway will attract strong - [Panattoni Repositions Industrial Building in North Reno](https://www.panattoni.com/news_article/panattoni-repositions-industrial-building-in-north-reno/) - The industrial market is continuing to see a high demand in northern Nevada. "It is still very healthy," Doug Roberts, partner at Panattoni Development, said in a phone interview with NNBW, about the industrial market. "There is still more building going on to meet the demand and vacancy continues to be reduced." In addition to - [C&W Welcomes First Tenant to Portland Industrial Center](https://www.panattoni.com/news_article/cw-welcomes-first-tenant-to-portland-industrial-center-3/) - The company preleased more than 60 percent of Big Eddy Commerce Center, an industrial building currently under construction. The project is slated to open by the end of this year. Cushman & Wakefield announced that Big Eddy Commerce Center, a Class A industrial project currently under construction, has preleased 94,076 square feet of the total - [Panattoni Moving Forward With Phase Two of Industrial Park](https://www.panattoni.com/news_article/panattoni-moving-forward-with-phase-two-of-industrial-park/) - Since it first broke ground in 2014, Panattoni Development Co.’s Gateway Global Logistics Center has delivered 4.4 million square feet of industrial facilities, $276 million in investment and almost 700 jobs to a formerly vacuous tract of land spanning the Tennessee-Mississippi border. And now that the first phase of the project is wrapping up, the - [Nine Nashville Projects Recognized for Development Excellence](https://www.panattoni.com/news_article/nine-nashville-projects-recognized-for-development-excellence/) - Nine Middle Tennessee projects were recognized Monday night with 2017 Excellence in Development awards from the Urban Land Institute's Nashville District Council. They included the 12-story, 224-room Thompson Nashville hotel in the Gulch, which was selected as the "People's Choice" based on a vote via text message by attendees at the awards ceremony held at downtown's Omni Nashville Hotel. Each - [Developing Big Boxes: Growth in Nevada’s Industrial Market](https://www.panattoni.com/news_article/developing-big-boxes-growth-in-nevadas-industrial-market/) - That sound that developers of industrial properties hear in the background is the ticking of the clock counting down the longest-lived economic recovery since World War II. But although the ticks are growing louder, demand for space from new and expanding industrial companies keeps developers busy in Las Vegas and Reno alike. The reasons for - [Nashville’s Tight CBD Benefits the Metro’s Satellite Office Submarkets](https://www.panattoni.com/news_article/nashvilles-tight-cbd-benefits-the-metros-satellite-office-submarkets/) - Robust population and job growth are fueling a resurgence across all sectors of Nashville’s commercial real estate market, pushing vacancies lower, boosting rental rates and attracting strong interest from investors. With increasing demand for office space in the central business district (CBD), a rush of both in- and out-of-state developers and equity have descended on - [Memphis Industrial Market Continues Positive Trend in 2017](https://www.panattoni.com/news_article/memphis-industrial-market-continues-positive-trend-in-2017/) - The Memphis area industrial real estate market closed the first quarter with positive net absorption, a strong start to 2017 that builds on a nearly four-year streak. The market closed with 1.3 million square feet of positive net absorption and a total vacancy rate of 8 percent, according to commercial real estate company CBRE’s Q1 - [New $15M Corporate, Social Event Venue Opens in Las Vegas](https://www.panattoni.com/news_article/new-15m-corporate-social-event-venue-opens-in-las-vegas/) - Enclave, a $15 million high-tech corporate and social event venue located a mile from McCarran International Airport, has officially opened a year after breaking ground. The 75,000 square-foot multi-purpose venue has 22 rooms of various sizes and functions, including ballrooms, conference rooms, dressing rooms and a bridal room. Enclave will offers services such as event - [Mayor Announces New E-Commerce Company Moving to Reno](https://www.panattoni.com/news_article/mayor-announces-new-e-commerce-company-moving-to-reno/) - The e-commerce company Zazzle is moving to the Biggest Little City, Mayor Hillary Schieve announced at the State of the City address on Jan. 26. Zazzle is an online marketplace that allows designers and customers to create their own products. The company offers a number of custom products from popular brands such as Disney, Marvel, - [Interview with Capstak Influencer Doug Roberts](https://www.panattoni.com/news_article/interview-with-capstak-influencer-doug-roberts/) - Doug Roberts is responsible for development of office, industrial and retail as the Nevada and Arizona partner of Panattoni Development. Just as important, Doug develops strong communities through his unflagging commitment to charitable organizations and professional associations. After earning a sociology degree from Iowa State, Doug worked with children in the nonprofit sector before joining - [First Phase of Des Moines Creek Business Park Purchased for $68M](https://www.panattoni.com/news_article/first-phase-of-des-moines-creek-business-park-purchased-for-68m/) - The first three buildings of the Des Moines Creek Business Park, being developed on Port of Seattle-owned land south of Sea-Tac Airport, have sold for $68 million. King County records show the sale, confirmed by developer Panattoni, which includes about 35 acres and half million square feet of industrial space. “We are selling the project,” - [Panattoni Builds Speculative Industrial Project](https://www.panattoni.com/news_article/panattoni-builds-speculative-industrial-project/) - A new speculative industrial project is starting to take shape near the Henderson Executive Airport in Henderson. Newport Beach, California-based Panattoni Development Co. is finishing construction on a 482,300-square-foot speculative industrial building in the Henderson Airport region, just east of Interstate 15 and south of St. Rose Parkway. It’s the first of five buildings planned - [LaSalle and Panattoni Plan $30MM Industrial Development in Woodinville](https://www.panattoni.com/news_article/lasalle-and-panattoni-plan-30mm-industrial-development-in-woodinville/) - Chicago-based LaSalle Investment Management and the Renton office of Panattoni Development have formed a joint venture to develop the 206,000 square foot The Reserve at Woodinville industrial development project in Woodinville, Wash. “I think that there is going to be very strong rental demand for our project. It will be one of the first new - [Des Moines, Not Seattle, is Home to the Real Estate Deal of the Year](https://www.panattoni.com/news_article/des-moines-not-seattle-is-home-to-the-real-estate-deal-of-the-year/) - As new office towers rise in the Puget Sound region’s urban areas, it’s a suburban project that was named real estate Deal of the Year Friday at a gala in Bellevue. Panattoni won the award for a five-story Des Moines building, which will house the Federal Aviation Administration’s Northwest headquarters when construction is finished in - [Panattoni Breaks Ground on 284,580-Square-Foot Warehouse in Suffolk](https://www.panattoni.com/news_article/panattoni-breaks-ground-on-284580-square-foot-warehouse-in-suffolk/) - Panattoni Development Co. Inc. has broken ground on a 284,580-square-foot, Class A warehouse in the Virginia Regional Commerce Park in Suffolk. The building is scheduled to be ready for occupancy next May, making the park the largest available Class A warehouse in the Port of Virginia region. The development will feature 32-foot clear-height ceilings, 55 - [DFS Signs 62,598 SF Lease at Industrial Complex in Lockport, Illinois](https://www.panattoni.com/news_article/dfs-signs-62598-sf-lease-at-industrial-complex-in-lockport-illinois/) - LOCKPORT, ILL. — DFS Inc., a food and grains supplier, has signed a 62,598-square-foot lease at 355 Corporate Center building No. 2 in Lockport, Ill., about 35 miles southwest of Chicago. The new lease puts Panattoni Development Company’s 228,690-square-foot speculative building at 100 percent occupancy and marks the completion of Phase I, which consisted of - [Panattoni Preps Pad for 1.5 MSF Spec Building at Lambert Farms](https://www.panattoni.com/news_article/panattoni-preps-pad-for-1-5-msf-spec-building-at-lambert-farms/) - WASHINGTON, D.C. – Panattoni Development Company today said it started grading a site for a speculative distribution center of up to 1.5 million square feet at its Lambert Farms development in Henry County, south of Atlanta. This comes on the heels of Panattoni and JLL Atlanta securing a full-building lease with upscale designer Tory Burch - [South Las Vegas Emerges as an Industrial Area](https://www.panattoni.com/news_article/south-las-vegas-emerges-as-an-industrial-area/) - The state has done a fine job at courting some of the nation’s top warehouse and distribution users from nearby areas. A comment often heard about the Las Vegas Valley’s purported land shortage is that there is no such shortage; there is plenty of land to develop! Despite the appearance of vacant land that surrounds - [Michelin, Panattoni Prepare to Start Mega-Distribution Center in South Carolina](https://www.panattoni.com/news_article/michelin-panattoni-prepare-to-start-mega-distribution-center-in-south-carolina/) - Michelin North America shifted into final construction preparation mode this week on its planned 3.3 million-square-foot distribution center in Greenville, SC, which will become the largest logistics and distribution projects under construction in the country when it breaks ground before the end of the year. The massive $270 million distribution center will be developed by - [CEO on Leadership: Adon Panattoni, CEO, Panattoni Development Company](https://www.panattoni.com/news_article/ceo-on-leadership-adon-panattoni-ceo-panattoni-development-company/) - The CEO of a U.S. firm specializing in industrial development shares his insights on the industry. PANATTONI DEVELOPMENT Company CEO Adon Panattoni oversees all aspects of daily operations and development for the company, which was founded by his father, Carl Panattoni, in 1986 and is now based in Newport Beach, California. He also serves on - [Southern California Investors Buy IGT Offices in Southwest Las Vegas](https://www.panattoni.com/news_article/southern-california-investors-buy-igt-offices-in-southwest-las-vegas/) - LAS, VEGAS, NV - Southern California investors have bought a slot machine company’s offices in southwest Las Vegas, paying more than triple the average rate for a local office property. Griffin Capital Corp. this week bought International Game Technology’s three-story, 222,268-square-foot office building at Buffalo Drive and Post Road for $66.5 million. The sale closed - [Tory Burch Plans Metro Atlanta Distribution Hub, 150 Jobs](https://www.panattoni.com/news_article/tory-burch-plans-metro-atlanta-distribution-hub-150-jobs/) - ATLANTA, GA – Women’s accessories and apparel brand Tory Burch plans to open a new distribution center in metro Atlanta to support its e-commerce division, according to a state news release. The company and Gov. Nathan Deal’s office said Thursday the new warehousing operation in Henry County will include more than 150 jobs by 2020. The - [Michelin Advances S.C. Distribution Center to Cap Multi-year Customer Service Initiative](https://www.panattoni.com/news_article/michelin-advances-s-c-distribution-center-to-cap-multi-year-customer-service-initiative/) - GREENVILLE, SC — Michelin North America, Inc., is advancing its plans to establish a distribution center near Spartanburg, S.C., representing a combined investment of more than $270 million and approximately 350 jobs, the Company announced today. Construction is expected to begin later this year. The first phase of the center is expected to open in late - [Local NAIOP Chapter Celebrates 10 Years](https://www.panattoni.com/news_article/local-naiop-chapter-celebrates-10-years/) - RENO, NV – The Northern Nevada Chapter of the NAIOP Commercial Real Estate Development Association celebrated its 10th Anniversary in style on Thursday, Sept. 15. The gala, which also celebrated the accomplishments of the local commercial real estate industry, offered a unique setting at Greater Nevada Field, home of the Reno Aces. The sold out event - [Illinois Industrial Tool signs lease at Lockport center](https://www.panattoni.com/news_article/illinois-industrial-tool-signs-lease-at-lockport-center/) - PARK RIDGE -- Illinois Industrial Tool, a distributor of value-priced hardware and tools, has signed a 166,092-square-foot lease at building No. 2 in Panattoni Development Co.'s 355 Corporate Center in Lockport, according to industrial real estate brokerage and property management firm Nicolson, Porter & List. With this lease signed shortly after the spec building's completion, - [Fairfield ‘Playing to our Strengths as a Food and Beverage Manufacturing Hub’](https://www.panattoni.com/news_article/fairfield-playing-to-our-strengths-as-a-food-and-beverage-manufacturing-hub/) - FAIRFIELD, CA - As industrial real estate vacancy in Solano County reaches historically low levels, a 1.04 million-square-foot speculative project is coming out of the ground in Fairfield. Panattoni Development Company in the past 30 days started site work for the Gateway80 Business Park project (gateway80businesspark.com) on 52.4 acres at 1 Cordelia Rd. just east of - [Operations Under Way at Petco's New DC](https://www.panattoni.com/news_article/operations-under-way-at-petcos-new-dc/) - RENO, NV - Petco christened its new distribution center in the North Valleys with a ribbon cutting ceremony last Wednesday. The facility will serve as a distribution hub for the pet specialty retailer, connecting to more than 200 Petco locations and its sister company, plus Unleashed by Petco stores in the northwest region of the United - [GSA officially signs lease for Des Moines Business Park](https://www.panattoni.com/news_article/gsa-officially-signs-lease-for-des-moines-business-park/) - Des Moines, WA - The General Services Administration has officially signed the lease for a new Federal Aviation Administration facility at the Des Moines Creek Business Park Phase II. The property, which is being developed by Panattoni Development Company, will house a new 300,000 square-foot office space where up to 1,600 people could work, consolidating the FAA - [Developer Starts Work in Fairfield Business Park](https://www.panattoni.com/news_article/developer-starts-work-in-fairfield-business-park/) - FAIRFIELD, CA — Construction on more than 1 million square feet of industrial buildings has started at the Gateway80 Business Park in Fairfield, the Panattoni Development Company announced this week. The park, located off Cordelia Road near Chadbourne Road, is 52.4 acres. Fairfield Planning Manager Joe Lucchio said the park has a variety of light industrial, limited industrial - [Ground Broken on New 300,000 Square Foot Des Moines Creek Business Park](https://www.panattoni.com/news_article/ground-broken-on-new-300000-square-foot-des-moines-creek-business-park/) - SEATTLE, WA - On Tuesday (June 7), the U.S. General Services Administration (GSA), the Federal Aviation Administration (FAA) and local leaders, officially broke ground on the new, 300,000 square foot Des Moines Creek Business Park. This location will serve as the new home for the Northwest Mountain Regional FAA Office. The new project will be - [The Commercial Real Estate Show](https://www.panattoni.com/news_article/the-commercial-real-estate-show/) - Industrial Market Update - [Petco Celebrates Grand Opening of Distribution Center North of Reno](https://www.panattoni.com/news_article/petco-celebrates-grand-opening-of-distribution-center-north-of-reno/) - RENO, NV - Petco held a grand opening for its tenth distribution center, Wednesday morning north of Reno. The new center is located on Red Rock Road, in Stead. The facility will boast more than 770,000 square feet of space and support retail stores in Petco’s Western region, as well as the company’s e-commerce customers shopping - [Panattoni Divests Industrial Asset to Oil Products Firm](https://www.panattoni.com/news_article/panattoni-divests-industrial-asset-to-oil-products-firm/) - LOS ANGELES, CA - Newport Beach, CA-based Panattoni Development Company, Inc. sold a recently-completed industrial building in unincorporated Los Angeles County to Global Agri-Trade Corporation for an undisclosed amount. The 62,482-square-foot asset is located on 2.8 acres at 15500 S. Avalon Blvd. Global Agri-Trade Corp. will relocate its warehouse and office space from La Mirada and - [Panattoni Development Begins Construction of Gateway80 Business Park in Fairfield](https://www.panattoni.com/news_article/panattoni-development-begins-construction-of-gateway80-business-park-in-fairfield/) - FAIRFIELD, CA - Panattoni Development Co. has started construction of Gateway80 Business Park, a 1 million-square-foot spec industrial park in Fairfield. The project is situated between San Francisco and Sacramento, 12 miles from the Napa Valley wine region. The 52.4-acre site is just off Interstate 80. It will consist of two 430,500-square-foot buildings and a 178,000-square-foot - [Panattoni Announces Industrial Park in Fairfield is Now Under Construction](https://www.panattoni.com/news_article/panattoni-announces-industrial-park-in-fairfield-is-now-under-construction/) - FAIRFIELD, CA - Gateway80 will deliver one million square feet of new supply by end of year Supply constrained industrial markets in the North and upper East Bay will see a break this fall with the anticipated completion of a 1,039,000-square-foot spec industrial park now under construction by Panattoni Development Company on a 52.4-acre site just - [Orlando Warehouse Sells For $70 per Square Foot](https://www.panattoni.com/news_article/orlando-warehouse-sells-for-70-per-square-foot/) - ORLANDO, FL - A real estate investment trust based in Chicago bought its second warehouse and distribution center in Orlando for $14.03 million in an off-market transaction. First Industrial Realty Trust Inc. paid $70.48 per share foot for an industrial building spanning 199,000 square feet. The seller is an entity related to Panattoni Development Corp. LLC of - [Cite Partners Brokers $14M Sale of 199,100 SF Industrial Facility in Orlando](https://www.panattoni.com/news_article/cite-partners-brokers-14m-sale-of-199100-sf-industrial-facility-in-orlando/) - ORLANDO, FL - Cite Partners has brokered the $14 million sale of a 199,100-square-foot industrial facility located at 4473 Shader Road in northwest Orlando. First Industrial Realty Trust Inc., a Chicago-based REIT, purchased the asset from Panattoni Development Corp. LLC. Wilson McDowell, Matt Sullivan and Bobby Isola of Cite Partners LLC represented Panattoni in the transaction, - [Construction Underway on South Commerce Center](https://www.panattoni.com/news_article/construction-underway-on-south-commerce-center/) - RENO, NV - Alston Construction has started construction on two industrial buildings totaling 390,000 square feet. The development, known as South Valley Commerce Center, is located between Sandhill Road and Trademark Drive in South Meadows. Panattoni Development Company acquired the 20.27-acre property for $3,972,933 back in December 2015 from International Game Technology (IGT). IGT put - [UPS Leases Panattoni Development Co.’s Newest Spec Building at 355 Corporate Center in Lockport, Illinois](https://www.panattoni.com/news_article/ups-leases-panattoni-development-co-s-newest-spec-building-at-355-corporate-center-in-lockport-illinois/) - LOCKPORT, IL - Panattoni Development Co.’s Corporate Center just clinched its first big tenant. UPS has leased the first spec building of 273,640 square feet in Lockport, Illinois. Earlier this year, the firm announced plans to expand its presence along the I-355 corridor on a 50-acre site, in a joint venture with PCCP, at 355 Corporate Center. The project started - [Commercial Real Estate Market Shows Strong Activity](https://www.panattoni.com/news_article/commercial-real-estate-market-shows-strong-activity/) - SACRAMENTO, CA - Fairfield is experiencing robust commercial real estate activity. The food-manufacturing sector continues to expand and new construction is underway on industrial and multiple-family projects. New industrial space will soon be available in the Cordelia Villages area of Fairfield. Panattoni Development is scheduled to break ground in early spring on a three-building 1,039,000-square-foot industrial - [Panattoni Announces Completion of Red Rock Phase II](https://www.panattoni.com/news_article/panattoni-announces-completion-of-red-rock-phase-ii/) - RENO, NV - Panattoni Development Co. has completed work on the second phase of the Red Rock Business Center. The project adds an additional 200,000 square feet of speculative industrial space located in the North Valleys submarket, a half mile from the interchange of U.S. 395 and Red Rock Road. The project is being developed by - [Avison Young Negotiates 150,192 SF Industrial Lease in Illinois](https://www.panattoni.com/news_article/avison-young-negotiates-150192-sf-industrial-lease-in-illinois/) - ZION, IL — Avison Young has arranged a 150,192-square-foot industrial lease expansion and renewal in Zion, approximately 50 miles north of Chicago. Focus Foodservice now occupies the entire building, which is located at 451 Trumpet Drive. The distribution facility features 30-foot clear heights, 150 parking spaces and two grade-level dock doors. The building is situated - [Developers Share Building Industry Insights at Forum](https://www.panattoni.com/news_article/developers-share-building-industry-insights-at-forum/) - RENO, NV - With the vacancy rates going down, apartment rents going up and the projected growth of the community over the next five years there will be a need for more housing developments. Five panelists gathered at the NAIOP’s Development Forum Tuesday, Feb. 23 at the Atlantis to discuss development issues in northern Nevada. Panelists - [Panattoni Acquires Land in South Meadows](https://www.panattoni.com/news_article/panattoni-acquires-land-in-south-meadows/) - RENO, NV - Panattoni Development Company has purchased two parcels of land totaling 20.27 acres located between Sandhill Road and Trademark Drive in South Meadows. Previously owned by International Game Technology (IGT), the development will be called South Valley Commerce Center and will feature two high-image industrial buildings totaling approximately 390,000 square feet of industrial space - [Developer Sells Warehouses for $105 Million](https://www.panattoni.com/news_article/developer-sells-warehouses-for-105-million/) - CHICAGO, IL - A developer sold six Chicago-area warehouses for almost $105 million, cashing in on record levels of investment in local industrial properties. Panattoni Development sold five buildings in the Turnberry Lakes Business Park in Roselle for $83.5 million and sold a Skokie warehouse for $21 million, according to brokerage Colliers International and real estate - [Developer's Encore on Music Row: An Even Bigger Office Building](https://www.panattoni.com/news_article/developers-encore-on-music-row-an-even-bigger-office-building-2/) - NASHVILLE, TN - The principals at Panattoni Development Co. are just wrapping up the first office building on Nashville's famed Music Row in at least a decade — and they're already pursuing an even larger encore. The 120,000-square-foot building would be welcome not just in Nashville, where the historically low amount of available space handcuffs - [Panattoni Development Co. Completes Two Industrial Buildings in Lockport, Illinois](https://www.panattoni.com/news_article/panattoni-development-co-completes-two-industrial-buildings-in-lockport-illinois/) - LOCKPORT, IL - Panattoni Development Co. has completed the development of two new industrial buildings in 355 Corporate Center, a 50-acre industrial business park in Lockport, approximately 35 miles southeast of Chicago. The first building is 273,640 square feet and includes parking for 268 cars, while the second building is 228,690 square feet and features 240 - [Bixby Takes 2 From Panattoni](https://www.panattoni.com/news_article/bixby-takes-2-from-panattoni/) - SEATTLE, WA - Puget Sound industrial markets have consistently risen, leading to heightened interest in the area's assets. Seattle –Bixby Land Co. recently acquired a pair of Seattle-area industrial assets built by Panattoni Development Co.. Newport Beach, Calif.-based Bixby paid Panattoni $12.4 million for the facilities, which offer a combined 99,000 square feet of space. Brett - [Developer's Encore on Music Row: An Even Bigger Office Building](https://www.panattoni.com/news_article/developers-encore-on-music-row-an-even-bigger-office-building/) - NASHVILLE, TN - The principals at Panattoni Development Co. are just wrapping up the first office building on Nashville's famed Music Row in at least a decade — and they're already pursuing an even larger encore. The 120,000-square-foot building would be welcome not just in Nashville, where the historically low amount of available space handcuffs companies - [Developers: New Projects Signal Improved Markets](https://www.panattoni.com/news_article/developers-new-projects-signal-improved-markets/) - LAS VEGAS, NV - As the welcome sights and sounds of industrial construction continue to pop up all around the Silver State, business decision makers agree that economic good times are coming back. With 200 million square feet of development sprinkled around the U.S., Europe and Canada, developers at Panattoni Development Company, Inc. are happy to - [Port of Everett Commission Authorizes Industrial Land Sale to Panattoni](https://www.panattoni.com/news_article/port-of-everett-commission-authorizes-industrial-land-sale-to-panattoni/) - SEATTLE, WA - Port of Everett Commission Authorized CEO to enter into Purchase and Sale Agreement with Panattoni Development Company for 9.68 acres of Riverside Business Park Riverside Business ParkEverett, Wash. – On January 12, the Port of Everett Commission authorized the CEO to enter into a Purchase and Sale Agreement (PSA) with Panattoni Development - [Panattoni Pays $2.8M for 9.7 Acres in Everett](https://www.panattoni.com/news_article/panattoni-pays-2-8m-for-9-7-acres-in-everett/) - SEATTLE, WA - Panattoni Development Co. is buying 9.68 acres in the 38-acre Riverside Business Park (shown here in orange) from the Port of Everett. The port said its commission has authorized a $2.85 million purchase and sale agreement with Panattoni. “We are very excited to expand our presence in Snohomish County,” said Bart Brynestad, - [Panattoni Set to Launch Giant Suburban Spec](https://www.panattoni.com/news_article/panattoni-set-to-launch-giant-suburban-spec/) - CHICAGO, IL - Industrial builders may be picking up the pace when it comes to speculative development in the Chicago region. Panattoni Development Co. has just completed the purchase of a 76.23-acre land parcel on Airport Rd., east of Weber Rd., in suburban Romeoville’s Pinnacle Business Center, and plans to launch one of the area’s - [Panattoni Breaks Ground on First Silicon Valley Project, $40MM Industrial Development](https://www.panattoni.com/news_article/panattoni-breaks-ground-on-first-silicon-valley-project-40mm-industrial-development/) - SAN JOSE, CA – An ever tightening industrial market in Silicon Valley is providing developers of modern, high cube warehouse-distribution space with potential opportunities. One of the companies to detect the trend early is Newport Beach, Calif.-based Panattoni Development Company, which has broken ground on its first ever project in Silicon Valley, a $40 million - [Developer Scoops up 38-acre IGT Campus in Southwest Valley for $75M](https://www.panattoni.com/news_article/developer-scoops-up-38-acre-igt-campus-in-southwest-valley-for-75m/) - LAS VEGAS, NV - Developer Doug Roberts is one of many investors building large industrial properties in the valley without tenants lined up. Now he’s got another big property to shop around — but he didn’t have to build a thing. Roberts, a partner with Panattoni Development Co., has bought International Game Technology’s 38-acre campus in - [IGT Sells Las Vegas Complex for $75M, will Lease Back Office Space](https://www.panattoni.com/news_article/igt-sells-las-vegas-complex-for-75m-will-lease-back-office-space/) - LAS VEGAS, NV - The former Las Vegas headquarters for slot machine giant International Game Technology was sold for $75 million less than a year after the building in the southwest Las Vegas Valley was listed. Colliers International said Tuesday that Panattoni Development acquired the 610,410-square-foot office, warehouse and manufacturing facility at 6355 S. Buffalo Dr. - [Developer Proposes Distribution Center for San Jose's Coyote Valley](https://www.panattoni.com/news_article/developer-proposes-distribution-center-for-san-joses-coyote-valley/) - SAN JOSE, CA - It’s been so long since anyone proposed commercial development in San Jose’s Coyote Valley that many real estate observers have written it off as all but dead. But the city’s southern reaches are now starting to show signs of life, thanks to the booming industrial sector. Panattoni Development Company has submitted an - [No Tenants Yet, but Developer Plans Four Big Warehouses](https://www.panattoni.com/news_article/no-tenants-yet-but-developer-plans-four-big-warehouses/) - CHICAGO, IL - A developer betting on a strong industrial leasing market is preparing to build more than 2.3 million square feet of warehouse space in the Chicago area without any tenants signed. Sacramento, Calif.-based Panattoni Development plans to start building three buildings in southwest suburban Romeoville and another in Franklin Park near O'Hare International Airport - [MetLife and Panattoni Announce New Build-to-Suit Project in South Dallas](https://www.panattoni.com/news_article/metlife-and-panattoni-announce-new-build-to-suit-project-in-south-dallas/) - DALLAS, TX - JLL awarded leasing assignment of 250-acre master-planned industrial park. On behalf of a joint venture partnership between MetLife Real Estate Investors and Panattoni Development Company, LLC, JLL today announced MidPoint Logistics Center, a 250-acre master-planned industrial development located at Dallas Avenue and I-20 in Lancaster, Texas. The multi-phase, build-to-suit project has planned four buildings - [MetLife and Developer Panattoni Team up on Big Lancaster Industrial Park](https://www.panattoni.com/news_article/metlife-and-developer-panattoni-team-up-on-big-lancaster-industrial-park-2/) - DALLAS, TX - Metropolitan Life Insurance and Panattoni Development Co. are teaming up to build a 250-acre industrial park in Lancaster. The MidPoint Logistics Center is being built at Interstate 20 and Dallas Avenue and will have almost 4 million square feet of warehouse space. “MidPoint Logistics Center is ideally located at the exchange of three - [Developer Plans to Turn East Sacramento Office Building into Senior Housing](https://www.panattoni.com/news_article/developer-plans-to-turn-east-sacramento-office-building-into-senior-housing/) - SACRAMENTO, CA - Panattoni Development Co. is planning an assisted-living facility on the site of an existing East Sacramento office building. Tim Schaedler, the company’s Northern California partner, said the firm has already completed a feasibility study for the project, at 5301 F St. It's also looking for a company to run the facility. “There’s really - [MetLife and Developer Panattoni Team up on Big Lancaster Industrial Park](https://www.panattoni.com/news_article/metlife-and-developer-panattoni-team-up-on-big-lancaster-industrial-park/) - DALLAS, TX - Metropolitan Life Insurance and Panattoni Development Co. are teaming up to build a 250-acre industrial park in Lancaster. The MidPoint Logistics Center is being built at Interstate 20 and Dallas Avenue and will have almost 4 million square feet of warehouse space. “MidPoint Logistics Center is ideally located at the exchange of three - [Exclusive: MetLife, Panattoni Buy 250-acre Industrial Park in Lancaster](https://www.panattoni.com/news_article/exclusive-metlife-panattoni-buy-250-acre-industrial-park-in-lancaster/) - DALLAS, TX - An investment partnership between MetLife Real Estate Investors and Panattoni Development Co. LLC has landed a rare opportunity in southern Dallas County: A 250-acre master-planned industrial park in Lancaster. The tract has been under contract a number of times by other investors, but it took the partnership working with the land owner - [Post Picks Marshall - Uncongested Access Touted in Move to Chickasaw Trail](https://www.panattoni.com/news_article/post-picks-marshall-uncongested-access-touted-in-move-to-chickasaw-trail/) - NASHVILLE, TN - Post Consumer Brands will be the latest distribution company to move into quarters at Gateway Global Logistics Center in Marshall County. Post Cereal is already operational in the initial 544,040 square feet of warehouse space and started receiving product Novem­ber 11. Panattoni Development Company and partners William Adair and the William Adair Family - [Local Speculation Builds Beginning in Earnest](https://www.panattoni.com/news_article/local-speculation-builds-beginning-in-earnest/) - SAVANNAH, GA - With area industrial vacancy rates at historical lows, speculative building is beginning to pick up as developers — still smarting from losses incurred in the recession of 2008-2010 — jump cautiously back into the game. The latest is California-based Panattoni Development Co. and its equity partner, PCCP LLC. The two have formed a - [Panattoni Mt. Juliet Holiday Half Marathon & 5K](https://www.panattoni.com/news_article/panattoni-mt-juliet-holiday-half-marathon-5k/) - NASHVILLE, TN - Sponsored by Fleet Feet Sports Murfreesboro (and coming soon: Mount Juliet!) Team Magic is excited to hold the second annual half marathon in Mt. Juliet, TN! The half marathon and 5k will start the Mt. Juliet Christmas Parade, so feel free to dress in your holiday best for this fun Holiday Half! With a total - [New Owner of Gretchen's Shoebox Brings 400 Jobs to Des Moines](https://www.panattoni.com/news_article/new-owner-of-gretchens-shoebox-brings-400-jobs-to-des-moines/) - SEATTLE, WA - An international convenience foods company is setting up production facilities in Des Moines. Ireland-based Greencore Group, which is traded on the London Stock Exchange, has inked a lease in the Des Moines Creek Business Park from which to run its new research and development facility. Greencore hopes to open the facility in early - [Cereal-Maker Signs Lease, Construction Starts on New MS Spec Build](https://www.panattoni.com/news_article/cereal-maker-signs-lease-construction-starts-on-new-ms-spec-build/) - MEMPHIS, TN - The Post lease is signed, and construction has started on a new speculative building in the Gateway Global Logistics Center (GGLC) in North Mississippi. In October, the Memphis Business Journal reported that Post Consumer Brands signed a lease in Marshall County, Mississippi, and now new details have surfaced. Panattoni Development Co. Inc. and - [Byhalia Industrial Park's Growth Continues, This Time with Cereal Distributor Post](https://www.panattoni.com/news_article/byhalia-industrial-parks-growth-continues-this-time-with-cereal-distributor-post/) - MEMPHIS, TN - Cereal maker Post Consumer Brands will open a distribution center employing 30 workers near Byhalia, Mississippi. Panattoni Development Co. of Newport Beach, California, announced the deal Tuesday. Post will lease a new distribution warehouse built without a tenant in hand, a sign of the speculative construction under way in suburban Mississippi as - [New Nashville Project Caps Developer's Banner Year](https://www.panattoni.com/news_article/new-nashville-project-caps-developers-banner-year/) - NASHVILLE, TN - One of the busiest developers in Nashville is starting construction on buildings that can hold hundreds of workers, just north of downtown. Panattoni Development Co. have just paid $1.9 million for 44 acres located five miles north of downtown — mainly at 2011 Southerland Drive, perched just above Interstates 24 and 65. The - [600,000-Square-Foot Warehouse Park Planned for Nashville](https://www.panattoni.com/news_article/600000-square-foot-warehouse-park-planned-for-nashville/) - NASHVILLE, TN - Developer Panattoni sees Skyline Distribution Park addressing shortage of industrial space. One of the Nashville-area’s largest industrial developers has paid $1.93 million for 44 acres on Brick Church Pike with plans to build a new warehouse park. Panattoni Development Co. plans to start construction this month on Skyline Distribution Park, which will - [Huge Memphis Industrial Lease Caps Busy Q3](https://www.panattoni.com/news_article/huge-memphis-industrial-lease-caps-busy-q3/) - MEMPHIS, TN - The largest lease of the year has gone to a Fortune 500 Company. TJX Cos., the parent company of T.J. Maxx, Homegoods and Marshalls, signed on with 800,000 square feet at Memphis Oaks III in Southeast Memphis. Cushman & Wakefield/Commercial Advisors, who represented building owner Panattoni Development Co., were unable to confirm - [Fortune 500 Company Signs Largest Lease of Year in Memphis](https://www.panattoni.com/news_article/fortune-500-company-signs-largest-lease-of-year-in-memphis/) - MEMPHIS, TN - The largest industrial lease of the year - 800,000 square feet - has been signed at the Memphis Oaks III distribution park in Southeast Memphis and will create hundreds of jobs, brokers with Cushman & Wakefield/Commercial Advisors said Tuesday. Confidentiality agreements prevented them from revealing what company will use the space at the - [Panattoni Leases a Half-Million-Square-Foot Spec Building in Mississippi](https://www.panattoni.com/news_article/panattoni-leases-a-half-million-square-foot-spec-building-in-mississippi/) - MEMPHIS, TN - Panattoni Development Co. and WCA Land and Development have fully leased the 554,000-square-foot Spec Building II of the 1,500-acre Gateway Global Logistics Center in Byhalia, Mississippi. Jim Mercer, executive vice president of CB Richard Ellis Memphis, who specializes in industrial leasing and is representing Panattoni and WCA, said he could not speak to - [Corner of South 212th and West Valley Highway in Kent to Get New Warehouse](https://www.panattoni.com/news_article/corner-of-south-212th-and-west-valley-highway-in-kent-to-get-new-warehouse/) - KENT, WA - The southwest corner of South 212th Street and West Valley Highway in Kent won’t be vacant much longer as crews put up a 63,546-square-foot warehouse. California-based Panattoni Development, with offices in Seattle, is building the warehouse on the 3.2 acre corner lot at 21214 66th Ave. S., part of the Aldarra Corporate Park. - [West Henderson Speculative Industrial Big Box Facility Announced](https://www.panattoni.com/news_article/west-henderson-speculative-industrial-big-box-facility-announced/) - LAS VEGAS, NV – Panattoni Development Company and Hillwood Investment Properties have formed a joint venture to develop a ±480,000-square-foot speculative bulk warehouse facility as Phase II of the South 15 Airport Park. The building will be constructed on a 28-acre site the partners recently acquired in the West Henderson industrial park. The South 15 - [Gas Station Part of Plans for Land at Route 53 and Romeo Road](https://www.panattoni.com/news_article/gas-station-part-of-plans-for-land-at-route-53-and-romeo-road/) - CHICAGO, IL - A concept plan for a new multi-tenant retail development, including a gas station, was presented to Romeoville trustees at a board meeting on Sept. 16. The developer, Troutman and Dams LLC, is under contract to purchase 10.7 acres from the Roman Catholic Diocese of Joliet near the corner of Illinois Route 53 and - [Exclusive: Nissan Picks Well-Known Developer for $160M Expansion](https://www.panattoni.com/news_article/exclusive-nissan-picks-well-known-developer-for-160m-expansion/) - NASHVILLE, TN - Nissan North America has selected a developer well-known to Middle Tennessee to build a $160 million expansion of its massive factory in Smyrna. According to multiple real estate sources, Nissan is in talks with Panattoni Development Co. to create a 1.5 million-square-foot facility where suppliers will locate 1,000 jobs or more. The expansion - [Country Music Association To Make Music Row Move](https://www.panattoni.com/news_article/country-music-association-to-make-music-row-move/) - NASHVILLE, TN - The Country Music Association will relocate corporate offices in 2016. CMA and SESAC will share the five-story office space, which was designed by Tuck-Hinton Architects, the designers of the Country Music Hall of Fame and Museum. “This is a very exciting opportunity for CMA on several levels,” said Sarah Trahern, CMA Chief Operating Officer. “This move - [Panattoni Eyes Second Midtown Office Building](https://www.panattoni.com/news_article/panattoni-eyes-second-midtown-office-building/) - NASHVILLE, TN - The developers completing Music Row's first office building in at least a decade already have a purchase contract on nearby land — setting the stage for their second act. Panattoni Development Co., run regionally by brothers Whitfield and Hayne Hamilton, has leased almost all of its 96,000-square-foot office building under construction at - [CMA Moves HQ to Music Row Office Building](https://www.panattoni.com/news_article/cma-moves-hq-to-music-row-office-building/) - NASHVILLE, TN - The Country Music Association welcomes 2016 with a new home in a Music Row office building, according to the Nashville Business Journal. CMA is planning to swap its current headquarters for 27,000 square feet of space in a $31 million facility. CMA will move at 35 Music Square East, a new class - [Buford Logistics Center Developer Stays True to CBRE](https://www.panattoni.com/news_article/buford-logistics-center-developer-stays-true-to-cbre/) - ATLANTA, GA - Panattoni Development Company selected CBRE Group as the exclusive leasing agent for a large bulk warehouse development in the Northeast Atlanta submarket. The Newport Beach, Calif.-based developer purchased approximately 60 acres and plans to develop a 492,000-square-foot cross-dock bulk warehouse, which will be part of Phase II in Buford Logistics Center. The - [CBRE to Lease 492K SF Warehouse in Northeast Atlanta](https://www.panattoni.com/news_article/cbre-to-lease-492k-sf-warehouse-in-northeast-atlanta/) - ATLANTA, GA - CBRE Group, Inc., has been selected by Panattoni Development Company, Inc. as the exclusive leasing agent for a large bulk warehouse development in the Northeast Atlanta submarket. Panattoni purchased approximately 60 acres to develop a +/- 492,000-sq.-ft. cross-dock bulk warehouse building. It will serve as part of Phase II to the existing - [1 Million Square Foot Warehouse Approved in Mt. Juliet](https://www.panattoni.com/news_article/1-million-square-foot-warehouse-approved-in-mt-juliet/) - MT. JULIET, TN - The Mt. Juliet City Commission has given its approval to a 1 million square foot industrial building proposed on a residential lot that includes multiple design modifications to reduce the impact of the project opposed by many in the neighborhood. Beckwith North was passed 4-1 on second reading Monday after the planning - [Local Mega Developers Take Show on the Road](https://www.panattoni.com/news_article/local-mega-developers-take-show-on-the-road/) - ORANGE COUNTY, CA - 50M SF Planned in US, Fewer Options at Home A handful of Orange County developers are at the forefront of a big push to build dozens of cutting-edge distribution and warehouse buildings across the country. Current and expected economic growth nationally and in Southern California has the companies ratcheting up work outside OC's - [Romeoville Trustees Look at Plans for Warehouse Projects](https://www.panattoni.com/news_article/romeoville-trustees-look-at-plans-for-warehouse-projects/) - CHICAGO, IL - A concept plan for several new warehouse projects in Romeoville was presented to trustees at a workshop meeting on Aug. 19. Hillwood Investment Properties plans to build four warehouses on 39 acres within the Pinnacle Park Business Center area off of South Pinnacle Drive. Documents indicate that the buildings will total 638,110 - [OC Developers Double Down on Openings, Backlog](https://www.panattoni.com/news_article/oc-developers-double-down-on-openings-backlog/) - ORANGE COUNTY, CA - 2 Million Square Feet Finished, Most Here Since 2008 Orange County's top commercial developers nearly doubled the number of completed projects in the region in the past year while pushing their backlog of active projects to a level not reached since the last real estate boom. The county's 18 largest office, industrial, - [Colorado Investors Pay $27.5 Million for Some Disney Magic](https://www.panattoni.com/news_article/colorado-investors-pay-27-5-million-for-some-disney-magic/) - A 648,000-square-foot distribution center in Memphis, Tennessee, that ships all Disney Store e-commerce orders has been sold for $27.5 million to a Colorado entity. PanCal Shelby 126 LLC, an affiliate of Panattoni Development Co., sold the Disney Distribution Center to an entity known as DDC Investment Inc., listed as a Colorado nonprofit corporation, for $27.5 - [Top Industrial Leases Since 2000](https://www.panattoni.com/news_article/top-industrial-leases-since-2000/) - When celebrating GlobeSt.com’s 15th anniversary, it’s only fitting that we look back on the past decade and a half of transactions that have made major headlines. Be it in size, complexity or creativity, there are some deals that stand out as ones to remember. Compiling industry data and past coverage on both GlobeSt.com and sister - [Panattoni Development Company Launching 770K Spec](https://www.panattoni.com/news_article/panattoni-development-company-launching-770k-spec/) - ST. LOUIS—Industrial users are occupying new class A distribution space in this robust metro region as fast as developers can finish it. It’s no surprise that Panattoni Development Co., Inc. has decided now is the time to launch a massive speculative industrial building at the Lakeview Commerce Center in the Metro East submarket. The company - [Panattoni Project on Music Row Lands $2.52M Permit](https://www.panattoni.com/news_article/panattoni-project-on-music-row-lands-2-52m-permit/) - Panattoni Development has been issued a $2.52 million permit for interior finishes at its 95,000-square-foot office building being completed at 35 16th Ave. S. in Music Row, according to a Metro Codes Department document. The building will house the headquarters for performing rights organization SESAC. Alston Construction is serving as general contractor of the project, - [Panattoni Breaks Ground on Reno Industrial Complex](https://www.panattoni.com/news_article/panattoni-breaks-ground-on-reno-industrial-complex/) - RENO, NV - Panattoni Development has broken ground on a 1.4-million-square-foot industrial park in Reno. The two-building project will be located on 96 acres at the intersection of Lemmon Valley Drive and Highway 395. It will be called North Valley Commerce Center. Phase I of the development will include a 707,660-square-foot building, the largest spec project - [Panattoni Breaks Ground on North Valleys Commercial Center](https://www.panattoni.com/news_article/panattoni-breaks-ground-on-north-valleys-commercial-center/) - RENO, NV - Expansion is the theme of Panattoni Development Co. recently with the announcement of a groundbreaking of a new commercial center in the North Valleys and with the company itself growing into new facilities at 980 Sandhill Road in Reno. Doug Roberts, a partner with the firm founded in 1986, said the new - [The Notes: Commercial Real Estate, June 28-July 4](https://www.panattoni.com/news_article/the-notes-commercial-real-estate-june-28-july-4/) - LAS VEGAS, NV - Panattoni Development Company broke ground on Jones Corporate Park at the northwest corner of Sunset Road and Jones Boulevard in Las Vegas. The industrial business park is slated to include two buildings of equal size totaling about 416,000 square feet. The company also is working on Henderson Freeways Crossing at the - [Panattoni Launches First Phase of Largest Spec Project in the Region’s History!](https://www.panattoni.com/news_article/panattoni-launches-first-phase-of-largest-spec-project-in-the-regions-history/) - RENO, NV - Located in the North Valleys submarket near the intersection of Lemmon Valley Dr. & HWY 395, the North Valley Commerce Center will offer 3 buildings totaling over 1.4MM square feet. The project, which is expected to break ground in late June on phase-one includes a 707,660sf building, the largest spec project ever - [Developers Push to Reverse Valley’s Shortage of Vacant Industrial Space](https://www.panattoni.com/news_article/developers-push-to-reverse-valleys-shortage-of-vacant-industrial-space/) - LAS VEGAS, NV - It’s a big week for big industrial projects in the Las Vegas Valley. Developers have either started or completed construction on nearly 1 million square feet of speculative warehouse and distribution space, banking on the idea that reversing the valley’s shortage of large, vacant industrial space will lure big tenants from outside - [Panattoni Development Company to Break Ground on Henderson Freeways Crossing](https://www.panattoni.com/news_article/panattoni-development-company-to-break-ground-on-henderson-freeways-crossing/) - WHO: Panattoni Development Company WHAT: Panattoni Development Company, a leading commercial real estate company with an office in Las Vegas, will host a groundbreaking event for its Henderson Freeways Crossing project at the northeast corner of West Lake Mead Drive and Eastgate Road at 10 a.m. on June 3. This industrial business park will include - [PCCP, Panattoni Acquire 51-Acre Site for Industrial Development in Illinois](https://www.panattoni.com/news_article/pccp-panattoni-acquire-51-acre-site-for-industrial-development-in-illinois/) - LOCKPORT, ILL. — PCCP LLC has partnered with Panattoni Development Co. to acquire a fully entitled 51-acre land parcel in Lockport, a southwest suburb of Chicago, for an undisclosed sum. The joint venture plans to develop Lockport 355, a four-building industrial park totaling 846,510 square feet, on the site. Construction of the first phase of - [City of Kent Tees Off Again to Sell Riverbend Par 3 Golf Course Property](https://www.panattoni.com/news_article/city-of-kent-tees-off-again-to-sell-riverbend-par-3-golf-course-property/) - Now that the new Federal Aviation Administration (FAA) offices won't be coming to Kent, city officials are back to the first hole to market the Riverbend Golf Complex's par 3 property. But shortly after news broke last month that the FAA offices would be built in Des Moines rather than Kent, developers started to contact - [PCCP, Panattoni Buy Land for Suburban Chicago Industrial Project](https://www.panattoni.com/news_article/pccp-panattoni-buy-land-for-suburban-chicago-industrial-project/) - PCCP L.L.C. is working with a new partner, Panattoni Development Co. Inc., and together the companies will acquire a 51-acre parcel of land in Lockport, Ill., for the creation of a new industrial park. The joint venture will add 846,500 square feet of Class A offerings to the metropolitan Chicago market with the development of - [FAA's Big New Headquarters Lands in Des Moines](https://www.panattoni.com/news_article/faas-big-new-headquarters-lands-in-des-moines/) - FAA's big new headquarters lands in Des Moines - Puget Sound Business Journal The Federal Aviation Administration's new regional headquarters will be built at Des Moines Creek Business Park, officials said Wednesday. The FAA is consolidating operations, mostly from Renton, at the new headquarters that Panattoni Development Co. will build just south of Seattle-Tacoma International - [Panattoni Project on Music Row Gets $13.9M Permit](https://www.panattoni.com/news_article/panattoni-project-on-music-row-gets-13-9m-permit/) - Panattoni Development has been issued a $13.9 million permit to finish up its 95,000-square-foot office building, which will house the headquarters for performing-rights organization SESAC. The five-story building and adjoining parking garage at 35 Music Square East are being built by Alston Construction. An interesting tidbit from the latest permit: The crane on the site - [Procter & Gamble Wins 2015 Best Industrial Deal Award](https://www.panattoni.com/news_article/procter-gamble-wins-2015-best-industrial-deal-award/) - D CEO magazine presented awards in 15 categories at its third annual Commercial Real Estate Awards program, held at the Frontiers of Flight Museum. Here’s a look at those honored in the Best Industrial Deal category. Winner: Procter & Gamble at DalPort Trade Center A deal this big doesn’t come together overnight. in fact, it took two - [Beltway Crossing Northwest named industrial winner for 2015 Landmark Awards](https://www.panattoni.com/news_article/beltway-crossing-northwest-named-industrial-winner-for-2015-landmark-awards/) - 2015 Landmark Awards Category: Industrial Winner: Beltway Crossing Northwest Spanning 123 acres on North Gessner Road, Beltway Crossing Northwest is becoming a crucial development in terms of industrial space and opportunities for business expansion. The master-planned, deed-restricted corporate park was converted from a power plant’s excess land. Now, the development is a Class A business - [Inland Empire’s Biggest Industrial Dilemma](https://www.panattoni.com/news_article/inland-empires-biggest-industrial-dilema/) - ONTARIO, CA—Finding product to buy and getting a high yield from it is the biggest problem investors have in this market, Steve Batcheller, partner with Panattoni Development Co. Inc., tells GlobeSt.com. In this preview to RealShare Inland Empire this Thursday here, we spoke exclusively with Batcheller about what factors support the current industrial market in - [Tenants Eager for OC Industrial](https://www.panattoni.com/news_article/tenants-eager-for-oc-industrial/) - Can "Build it and they will come" ever be true outside of fantasy baseball movies of the '80s? If the demand is there, yes—like it is for OC industrial properties. Panattoni Development Co partner Stephen Batcheller (catching fish, when he isn't fishing for tenants) tells Bisnow the sales and leasing activity at the first and - [1 million-square-foot building proposed in Mt. Juliet](https://www.panattoni.com/news_article/1-million-square-foot-building-proposed-in-mt-juliet/) - NASHVILLE, TN - Plans for a new 1 million-square-foot industrial building immediately north of the Under Armour project in Mt. Juliet have been submitted to the city's planning department. The proposal is being called Beckwith North, on property immediately north of Beckwith West where Under Armour is being built. A potential user for the proposed - [Panattoni plans another 1 million-square-foot building in Mt. Juliet](https://www.panattoni.com/news_article/panattoni-plans-another-1-million-square-foot-building-in-mt-juliet/) - NASHVILLE, TN - Panattoni is again going big in Mt. Juliet. The Tennessean reports that the developer has submitted plans for a 1 million-square-foot building to the city's planning department. Known as Beckwith North, it would be immediately north of Beckwith West, where Panattoni is building a 1 million-square-foot distribution center for Under Armour. Under - [Office Projects Expected to Open this Fall](https://www.panattoni.com/news_article/office-projects-expected-to-open-this-fall/) - HOUSTON, TX - Phase 1 of Panattoni's Beltway Crossing Northwest is expected to be up this fall. The first phases of two office projects along northwest Beltway 8 are expected to open this fall. Phase 1 of the DCT Northwest Crossroads Logistic Center will deliver in December, and work is continuing on Phase 1 of - [Sign of Recovery: Developer of Big Spaces Goes Small](https://www.panattoni.com/news_article/sign-of-recovery-developer-of-big-spaces-goes-small/) - LAS VEGAS, NV - A developer of big industrial spaces is going small in a sign of broader economic recovery. Panattoni Development Co. said this week that it has bought a 103,000-square-foot industrial building at 1841 E. Craig Road for $5.25 million from Tower Distribution Center LLC, a small, local group of investors. The building’s - [Panattoni Completes Construction of 3.7 Million SF of Industrial Buildings with Total Costs Above $320 Million](https://www.panattoni.com/news_article/panattoni-completes-construction-of-3-7-million-sf-of-industrial-buildings-with-total-costs-above-320-million/) - December 23, 2014—In Southern California, Panattoni Development Company, Inc. (“Panattoni”) recently completed construction of twelve new industrial buildings totaling 3.7 Million square feet with project costs exceeding $320 Million. Additionally, Panattoni inked nine major sale and lease transactions in Southern California totaling approximately $210 Million. The first completion/transaction was a $105 Million state of the - [Panattoni's Class A Flex Building in Beltway 8 Corporate Centre Reaches 92% Occupancy](https://www.panattoni.com/news_article/panattonis-class-a-flex-building-in-beltway-8-corporate-centre-reaches-92-occupancy/) - Houston, TX--Panattoni Development Company, Inc. has reached leasing agreements with several new tenants for their Class A Flex facility within Beltway 8 Corporate Centre, West Houston, TX. This brings occupancy in the 63,500 square foot building to 92% according to Justin E. Bennett, Development Manager of Panattoni. The most recent lease was executed with Carbo - [Ashley Furniture Signs Major Lease at Panattoni's Airtex Industrial Center](https://www.panattoni.com/news_article/ashley-furniture-signs-major-lease-at-panattonis-airtex-industrial-center/) - Houston, TX--Ashley Furniture has leased 303,000 square feet within Panattoni Development Company's first phase of Airtex Industrial Center in Houston, Texas. Panattoni kicked off development of the 60 acre project with the construction of a 486,720 sf Class A industrial facility located at 14810 North Freeway. The structure was shell complete in the Fall of - [CyrusOne Opens New Data Center in Panattoni's Beltway 8 Corporate Centre in Houston](https://www.panattoni.com/news_article/cyrusone-opens-new-data-center-in-panattonis-beltway-8-corporate-centre-in-houston/) - Houston, TX--CyrusOne held its Grand Open House event earlier this month for its new 92,000 square foot data center within Beltway 8 Corporate Centre, Houston, Texas. Built from the ground-up in six months, the state-of-the art, colocation, data center facility has been operational since December 2009 with on-going customer installations. The business park features six - [Sarnova Signs Lease with Panattoni in Forum 303 Crossing](https://www.panattoni.com/news_article/sarnova-signs-lease-with-panattoni-in-forum-303-crossing/) - Arlington, TX--Sarnova, HC, LLC has signed a lease for 65,000 square feet in a distribution facility totaling 364,000 square feet in Forum 303 Crossing, Arlington, Texas. Panattoni Development Company, Inc. is the developer of the business center, which encompasses more then 500,000 square feet of buildings. Sarnova will be using its space to distribute healthcare - [Furniture Brands Lease Brings Panattoni's Airtex Industrial Center to 100% Occupancy](https://www.panattoni.com/news_article/furniture-brands-lease-brings-panattonis-airtex-industrial-center-to-100-occupancy/) - Houston, TX--Furniture Brands, Inc. has leased 109,386 square feet within the Airtex Industrial Center in Houston, Texas. The 486,720 square foot Class A industrial facility, located at 14810 North Freeway, was completed in 2009. Other tenants include: Houston Furniture Partners and Velocity Acquisitions. The wholesale furniture distributor lease brings the facility to 100% occupancy and - [Defense Contract Audit Agency Signs 7,007 Square Foot Lease](https://www.panattoni.com/news_article/defense-contract-audit-agency-signs-7007-square-foot-lease/) - Houston, TX--The United States Federal Government has added a second federal agency to an office building located at 12650 N. Featherwood Drive in Houston. The 7,007 square foot lease brings the two-story facility to 100% occupancy. This is the second recent transaction that has brought a Panattoni property to maximum capacity. Other tenants in the - [Panattoni Development Negotiates Lease with Executive Express](https://www.panattoni.com/news_article/panattoni-development-negotiates-lease-with-executive-express/) - St. Louis, MO--Panattoni Development Company, Inc. recently negotiated a 95,000 square foot lease with Executive Express, the parcel delivery company. The building is located at 5485 Brown Avenue in St. Louis. The 148,000 square foot facility features 35 dock doors and 25 trailer spots. The lease is a reflection of the firm’s expansion to a - [Tanjuan Joins Panattoni as Development Manager in Southern California](https://www.panattoni.com/news_article/tanjuan-joins-panattoni-as-development-manager-in-southern-california/) - Newport Beach, CA--Jay Tanjuan has been appointed Development Manager by Panattoni Development Company and will be working out of the firm’s Southern California headquarters in Newport Beach. In that capacity, he will be involved in all aspects of the development process including site acquisitions, financial analysis, design, entitlements, financing, leasing and disposition of assets. Tanjuan - [Panattoni Acquires Industrial Building](https://www.panattoni.com/news_article/panattoni-acquires-industrial-building/) - Tamarac, FL--Panattoni Development Company, Inc. has recently purchased a 135,000 square foot industrial facility located on a 7.58 acre property at 10200 NW 67th in Tamarac, FL. The announcement was made by Denver Glazier, Development Manager in charge of Panattoni’s activities in Florida. The building, purchased from Arch Aluminum and Glass, features 15,000 square feet - [Panattoni Executes Seven-Year Contract with New Breed Logistics](https://www.panattoni.com/news_article/panattoni-executes-seven-year-contract-with-new-breed-logistics/) - Atlanta, GA--Panattoni Development Company, Inc. recently signed a 439,487 square foot lease with New Breed Logistics. The seven-year contract features space within a 682,500 square foot, multi-tenant facility located at 5400 Fulton Industrial Boulevard in Atlanta. New Breed Logistics will be utilizing the facility to service a contract with the United States Postal Service. New - [New Partner Appointed by Panattoni Development to Direct Houston Operations](https://www.panattoni.com/news_article/new-partner-appointed-by-panattoni-development-to-direct-houston-operations/) - Houston, TX--Todd D. King has been named a Partner by Panattoni Development Company, Inc. In this capacity he will be in charge of the firm’s office, industrial and build-to-suit activities in their Houston, TX office. King is coming to Panattoni from Vantex CPG/Vantage Companies, also in Houston, where he was Executive Vice President, New Business - [Panattoni Acquires Site in Santa Fe Springs, CA to Develop 328,000 Square Foot Speculative Building](https://www.panattoni.com/news_article/panattoni-acquires-site-in-santa-fe-springs-ca-to-develop-328000-square-foot-speculative-building/) - Santa Fe Springs, CA--Panattoni Development Company has purchased a 15.85 acre site in Santa Fe Springs, CA. According to Mark Payne, Partner, the developer will construct a 328,400 square foot cross-dock distribution facility on the parcel, on a “spec” basis. Tim Cronin and Don Smith of Lee & Associates represented the seller in the purchase. - [Panattoni Acquires 534,600 SF Modern Industrial Facility](https://www.panattoni.com/news_article/panattoni-acquires-534600-sf-modern-industrial-facility/) - Fenton, MO--Panattoni Development Company, Inc. announces the acquisition of a vacant 534,600 square foot modern, value-add industrial building in Fenton, Missouri, a suburb of St. Louis. The 30.84 acre property is located at 2211-2231 Hitzert Court. The building was constructed by Chrysler in 2000 and was designed as a material supply building. The high velocity - [Panattoni to Develop Additional Space for CyrusOne in Houston Complex](https://www.panattoni.com/news_article/panattoni-to-develop-additional-space-for-cyrusone-in-houston-complex/) - Houston, TX--Panattoni Development Company, Inc. recently completed the sale of six acres in the Beltway 8 Corporate Centre, Houston, to global data center service provider CyrusOne, a wholly owned subsidiary of Cincinnati Bell (NYSE: CBB). As part of the transaction, Panattoni is to oversee construction of a 120,000-square-foot shell building that is expected to increase - [Panattoni Signs 888,000 Square Feet of Leases in Ontario, CA](https://www.panattoni.com/news_article/panattoni-signs-888000-square-feet-of-leases-in-ontario-ca/) - Panattoni Development Company, Inc. recently signed leases with 7 tenants for distribution/industrial space in Ontario, California. Altogether, the leases total 888,000 square feet of space. According to Stephen Batcheller, Panattoni Partner, the activity reflects the continuing improvement in the economy in the Inland Empire region as well as the strength of the Panattoni platform. The - [Panattoni Leases 332,000 Square Feet of Distribution Space in Fulton County, GA](https://www.panattoni.com/news_article/panattoni-leases-332000-square-feet-of-distribution-space-in-fulton-county-ga/) - Liberty Furniture Industries, Inc. has leased 332,214 square feet of distribution space from Panattoni Development Company, Inc. The property is located on 6021 Greensboro Drive, Fulton County, Georgia, in the Atlanta metropolitan area. The tenant was represented by Sean Boswell and Chris Cummings of Colliers International. Panattoni Development selected Kinzey Construction Company to perform the - [Panattoni Receives Award by NAIOP for “Industrial Development of the Year”](https://www.panattoni.com/news_article/panattoni-receives-award-by-naiop-for-industrial-development-of-the-year/) - Seattle, WA--Panattoni Development Company’s recently completed Build-to-Suit for Majestic Glove was selected as “Industrial Development of the Year” by the Washington State Chapter of the National Association of Industrial and Office Properties. The award was given at a chapter event in Bellevue, WA earlier this month. The new Majestic Glove facility is located at 2510 - [Panattoni Selected to Develop Class A Build-to-Suit for Interroll, Inc. in Suburban Atlanta Area](https://www.panattoni.com/news_article/panattoni-selected-to-develop-class-a-build-to-suit-for-interroll-inc-in-suburban-atlanta-area/) - Panattoni Development Company, Inc. will be developing a 93,000 square foot build-to-suit project for Interroll, Inc. in Paulding County, GA, a western suburb of Atlanta. Interroll, a Switzerland based firm, will be using the facility primarily for distribution and assembly purposes when it occupies the space in the third quarter of 2013. The firm is - [Panattoni Begins Build-to-Suit Project for Igloo in Texas](https://www.panattoni.com/news_article/panattoni-begins-build-to-suit-project-for-igloo-in-texas/) - Houston, TX--Panattoni Development Company, Inc. has started construction on a build-to-suit facility for Igloo Products Corporation in West Ten Business Park, Katy, Texas, a suburb of Houston. The 420,000 square foot building will be used as a distribution center for Igloo’s line of outdoor cooling products. It can be expanded to 535,000 square feet, and - [10 Recent Transactions By Panattoni in the Inland Empire Total $46 Million](https://www.panattoni.com/news_article/10-recent-transactions-by-panattoni-in-the-inland-empire-total-46-million/) - Panattoni Development Company, Inc. has completed 10 major transactions in the second half of 2012 for their properties in the Inland Empire, California. In all, the deals have a total consideration in excess of $46 million. According to Stephen Batcheller, Partner, the firm completed nine leases, and one sale involving more than 1,666,000 square feet. - [Panattoni Selected to Develop Major Build-to-Suit Project for International Food Products](https://www.panattoni.com/news_article/panattoni-selected-to-develop-major-build-to-suit-project-for-international-food-products/) - St. Louis, MO--Panattoni Development Company, Inc. has been awarded a contract to develop a 227,500 square foot build-to-suit facility in Hazelwood, MO, a suburb of St. Louis. The site of the project is located in Aviator Business Park, a 160-acre mixed commercial development project located at the intersection of I-270 and Lindbergh Boulevard. The development - [Panattoni and LaSalle Acquire Prominent Tract of Land in Northwest Houston](https://www.panattoni.com/news_article/panattoni-and-lasalle-acquire-prominent-tract-of-land-in-northwest-houston/) - A joint venture between Panattoni Development Company, Inc. and LaSalle Investment Management, Inc. has acquired a 125-acre parcel of land for industrial development in Northwest Houston, TX. The site is located on North Gessner Road, one half mile north of Beltway 8 and seven tenths of a mile south of Highway 249 and represents one - [Panattoni Receives 'Developer/Construction Business of the Year' Award from Anaheim Chamber of Commerce](https://www.panattoni.com/news_article/panattoni-receives-developerconstruction-business-of-the-year-award-from-anaheim-chamber-of-commerce/) - Meet Your 2013 Anaheim Business Award Winners Throughout the year, thousands of Anaheim businesses and business leaders have worked hard at making Anaheim a great place to do business and like so many years in the past the Anaheim Chamber of Commerce is recognizing several businesses and individuals who have done just that in 2013. - [Panattoni Development Company Finalizes $16.1 Million Sale in Fernley](https://www.panattoni.com/news_article/panattoni-development-company-finalizes-16-1-million-sale-in-fernley/) - RENO, NV – Doug Roberts, partner for the Nevada division of Panattoni Development Company, announced today the company recently finalized the sale of a 337,500-square-foot industrial property located at 2375 E. Newlands Drive in Fernley, Nev. Cole ID Fernley NV LCC purchased the property from Panattoni. The total value of the transaction was $16.1 million. William - [Panattoni Development Company Selected by Georgia-Pacific to Develop 900,000 S.F. Facility](https://www.panattoni.com/news_article/panattoni-development-company-selected-by-georgia-pacific-to-develop-900000-s-f-facility/) - Henry County, GA--Panattoni Development Company, Inc. has been selected by Georgia Pacific Consumer Products L.P. to develop a 900,640 square foot facility. The site of this build-to-suit distribution center is located in Henry County, Georgia. Delivery of the facility is scheduled for fall of this year. Sean Boswell of Colliers International represented the Tenant. Panattoni - [Panattoni Wins Two Top Awards From NAIOP’S Inland Empire Chapter](https://www.panattoni.com/news_article/panattoni-wins-two-top-awards-from-naiops-inland-empire-chapter/) - Newport Beach, CA--Panattoni Development Company, Inc. recently received two REXIE Awards (Real Estate Excellence Inland Empire) from the Inland Empire Chapter of National Association of Industrial and Office Properties (NAIOP). The first was in recognition for signing the “Industrial Lease of the Year in 2013.” The significant build-to-suit transaction for a Fortune 30 company was - [Panattoni Acquires Major Tract in CentrePointe Distribution Park in LaVergne](https://www.panattoni.com/news_article/panattoni-acquires-major-tract-in-centrepointe-distribution-park-in-lavergne/) - NASHVILLE, TN - Through a joint venture, Panattoni Development Company and Clarion Partners have purchased a 108-acre tract in CentrePointe Distribution Park in LaVergne, Rutherford County, TN. Panattoni plans to construct three buildings totaling 1,330,000 sf. Two of the buildings will be 600,000 sf cross-dock buildings in addition to a 130,000 sf single-load building. Mass - [Panattoni Receives NAIOP Spotlight Award for SHFL entertainment Project](https://www.panattoni.com/news_article/panattoni-receives-naiop-spotlight-award-for-shfl-entertainment-project/) - LAS VEGAS, NV – Doug Roberts, partner for the Nevada division of Panattoni Development Company, announced today the firm’s SHFL entertainment headquarters project received a NAIOP Southern Nevada Spotlight Award this month in recognition of the project’s impact on the local economy. The SHFL entertainment headquarters, a 130,000 sf office, warehouse and manufacturing facility, received - [World Kitchen Expansion Completed](https://www.panattoni.com/news_article/world-kitchen-expansion-completed/) - The Panattoni Southern California team completed a 636,600 SF, 10 year Build to Suit (BTS) lease with World Kitchen (WK) at 2325 Cottonwood Avenue, Riverside, CA. Uniquely, WK moved into the renovated 400,580 SF Cottonwood facility while the 236,020 SF BTS addition was being constructed. The BTS expansion was completed in just seven months in - [Wainwright Industries Signs 433,612 SF Lease at Hitzert Court in Fenton, MO JLL Represents Ownership, Brings Building to Full Occupancy](https://www.panattoni.com/news_article/wainwright-industries-signs-433612-sf-lease-at-hitzert-court-in-fenton-mo-jll-represents-ownership-brings-building-to-full-occupancy/) - ST. LOUIS, MO - JLL announced today that PanCal Hitzert LLC has signed Wainwright Industries to a 433,612 square foot industrial lease at Hitzert Court in Fenton, Missouri. Hitzert Court, a 534,600 square foot industrial building acquired by PanCal Hitzert in the third quarter of 2012, is now 100 percent leased and fully occupied. Terry - [Panattoni plans to develop a new 316,680 SF warehouse on Pulaski Road in the SW Side Neighborhood of Chicago](https://www.panattoni.com/news_article/panattoni-plans-to-develop-a-new-316680-sf-warehouse-on-pulaski-road-in-the-sw-side-neighborhood-of-chicago/) - A California developer is buying a Little Village warehouse that became ensnared in a spat about political clout and local pension systems. A venture of Sacramento, Calif.-based Panattoni Development Co. wants to take down the warehouse at 3348 S. Pulaski Road in the Southwest Side neighborhood and develop a new 316,680-square-foot building, according to a - [Panattoni Breaks Ground on Office Building in Beltway 8 Corporate Centre, Houston, TX](https://www.panattoni.com/news_article/panattoni-breaks-ground-on-office-building-in-beltway-8-corporate-centre-houston-tx/) - Panattoni Development Company has begun construction on a 135,000 square foot speculative office building in its northwest Houston office park, Beltway 8 Corporate Centre. The park is on Beltway 8, just north of Clay Road. The structure is being built by Arch-Con Construction. According to Panattoni Partner Todd King, the entire Houston market is seeing - [16 Acres in South San Jose Sold to Developer For Warehouse Project](https://www.panattoni.com/news_article/16-acres-in-south-san-jose-sold-to-developer-for-warehouse-project/) - Panattoni Development Co. has bought 16 acres of bare land in South San Jose where it is planning to build out a speculative warehouse project of about 300,000 square feet, a deal that would represent the first new construction in this part of San Jose in years. Industry sources told me Panattoni paid about $5.1 - [Port of Seattle Approves Lease for 87-acre Des Moines Creek Business Park](https://www.panattoni.com/news_article/port-of-seattle-approves-lease-for-87-acre-des-moines-creek-business-park/) - The Port of Seattle Commission on Tuesday (June 10) gave final approval to a lease for developing the 87-acre Des Moines Creek Business Park, which is projected to create over 1,600 new jobs. The approved ground lease is with Panattoni Development to construct up to two million square feet of development south of Seattle-Tacoma International - [MetLife and Partner Plan Major Distribution Hub in Henry](https://www.panattoni.com/news_article/metlife-and-partner-plan-major-distribution-hub-in-henry/) - Insurance giant MetLife and a California real estate company plan to develop a massive distribution complex in Henry County, a project that indicates confidence in the growth of the state’s logistics industry. New York-based MetLife and its partner, Panattoni Development Co., said Wednesday they plan to develop a 183-acre site about 20 miles south of - [W. P. Carey Announces $45 Million Acquisition and Build-to-Suit Expansion of Belk Distribution Center on Behalf of CPA:18 - Global](https://www.panattoni.com/news_article/w-p-carey-announces-45-million-acquisition-and-build-to-suit-expansion-of-belk-distribution-center-on-behalf-of-cpa18-global/) - Transaction Funds Construction of Expansion and Provides Liquidity to Developer NEW YORK, NY - W. P. Carey Inc., a global net-lease REIT specializing in corporate sale-leaseback financing , build-to-suit financing and the acquisition of single-tenant net-lease properties, announced today that CPA®:18 – Global, one of its managed non-traded REITs, acquired a 515,000 square foot distribution - [MetLife to Develop 3 Million Square Foot Industrial Park in Atlanta Market for More Than $110 Million](https://www.panattoni.com/news_article/metlife-to-develop-3-million-square-foot-industrial-park-in-atlanta-market-for-more-than-110-million/) - Project is One of Eight in Works to Further Diversify Portfolio NEW YORK, NY & ATLANTA, GA – MetLife, Inc. (NYSE:MET) announced today that it will develop a new large-scale industrial distribution park on 183 acres near Atlanta with Panattoni Development Company, a privately held, national developer based in Newport Beach, California. The Lambert Farms - [MetLife Plans to Develop New Large-Scale Industrial Distribution Park Near Atlanta](https://www.panattoni.com/news_article/metlife-plans-to-develop-new-large-scale-industrial-distribution-park-near-atlanta/) - ATLANTA, GA - MetLife, Inc. announced today that it will develop a new large-scale industrial distribution park on 183 acres near Atlanta with Panattoni Development Company, a privately held, national developer based in Newport Beach, California. The Lambert Farms Distribution Center will offer up to 3 million square feet of quality distribution space and may - [E-commerce the Aim for New Distribution Hub](https://www.panattoni.com/news_article/e-commerce-the-aim-for-new-distribution-hub/) - NASHVILLE, TN - Brothers Whitfield and Hayne Hamilton are aiming to lure more e-commerce to the Nashville market with their latest distribution hub. The Hamiltons lead the Nashville office of California-based Panattoni Development Co., known locally for industrial projects. Their newest site is the CentrePointe Distribution Park in La Vergne, southeast of Nashville. The Hamiltons - [Global Company Makes $180M Investment in Des Moines, Sumner](https://www.panattoni.com/news_article/global-company-makes-180m-investment-in-des-moines-sumner/) - PUGET SOUND, WA - Panattoni Development Co., one of the Puget Sound region's most active developers of industrial space, has inked a major deal with MetLife. The global insurance company is investing in the development of three warehouse projects in the region, said Bart Brynstead, who heads Panattoni's operations in Seattle. Based on the size - [Panattoni to Build Little Village Warehouse](https://www.panattoni.com/news_article/panattoni-to-build-little-village-warehouse/) - CHICAGO, IL - Panattoni Development Co. paid $5.4 million for a Little Village warehouse it plans to tear down and replace with a 316,680-square-foot warehouse. The company completed the acquisition of the 16-acre parcel at 3348 S. Pulaski Road July 31, according to Cook County records. It was sold by a real estate fund managed by - [Developer Buys Land for Music Row Office Building](https://www.panattoni.com/news_article/developer-buys-land-for-music-row-office-building/) - NASHVILLE, TN - Panattoni Development Co. has paid $3.5 million for land on Nashville's famed Music Row. Excavation of the site began weeks ago, laying the groundwork for what is the first sizable addition of top-rated Class A office space on Music Row in at least a decade. A property deed filed Tuesday reports the - [Big Fremont Industrial Project Lands Apple, Furniture Companies as Tenants](https://www.panattoni.com/news_article/big-fremont-industrial-project-lands-apple-furniture-companies-as-tenants/) - SAN JOSE, CA - Well, that didn't take long. Seven months after starting construction on spec, Overton Moore Properties has leased up most of the Crossings @ 880, a 700,000-square-foot industrial/warehouse development in Fremont that is not yet completed. In recent weeks, OMP has signed three tenants for about 585,000 square feet of space, or more - [Sale of 522,000 Square Foot Building in Panattoni Business Center at Ballard Road ](https://www.panattoni.com/news_article/sale-of-522000-square-foot-building-in-panattoni-business-center-at-ballard-road/) - Wallkill, NY--President Container Group has purchased an industrial building located at 290 Ballard Road in Panattoni Business Center at Ballard Road, Wallkill, Orange County, New York. The company will be using the total 522,000 square feet for the manufacture and warehousing of corrugated containers. The site is rail served. More than 200 employees will be - [Panattoni Development Company Begins Construction of Major Caterpillar Build-to-Suit in Sanford, NC ](https://www.panattoni.com/news_article/panattoni-development-company-begins-construction-of-major-caterpillar-build-to-suit-in-sanford-nc/) - Sanford, NC--A ground-breaking ceremony on September 23, 2010 marked the construction commencement of a new facility for the BCP (Building Construction Products) Division of Caterpillar, Inc. in Sanford, North Carolina. The new addition is being constructed immediately adjacent to Caterpillar’s 175,000 square foot Skid Steer Assembly Plant. The new building is 287,000 total square feet - [Panattoni and CalSTRS Form $1 Billion Joint Venture ](https://www.panattoni.com/news_article/panattoni-and-calstrs-form-1-billion-joint-venture/) - Sacramento, CA--Panattoni Development Company and California State Teachers’ Retirement System (CalSTRS) have formed a $1.15 billion equity joint venture to seek industrial and commercial real estate opportunities. The agreement includes a built-in capacity to increase the size of the capital. To seed the venture, Panattoni is contributing core assets. The JV is being named PanCal. - [Panattoni Development Company to Develop 93,000 sf Operations Center for ICF International, Inc ](https://www.panattoni.com/news_article/panattoni-development-company-to-develop-93000-sf-operations-center-for-icf-international-inc/) - Herndon, VA--ICF International, Inc., headquartered in Fairfax, VA, has selected Panattoni Development Company to develop its operations center in Martinsville, Virginia. The new operations center, designed by MGMA Architects, will provide 93,000 total square feet on approximately 14 acres. It will house ICF’s contracting support services operations. The new facility will add more than 500 - [Allen Distribution Purchases Panattoni Building in Lehigh Valley, PA ](https://www.panattoni.com/news_article/allen-distribution-purchases-panattoni-building-in-lehigh-valley-pa/) - Lower Macungie, PA--Allen Distribution, a third-party logistics company, has acquired a 580,000 square foot facility at 3041 Schoeneck Road from Panattoni Development Company, Inc. in the Lehigh Valley area of Pennsylvania. The structure is located in Panattoni’s Lehigh Valley Crossing, a major business park in Lower Macungie, Pennsylvania. The park can accommodate an additional 610,000 - [Panattoni Planning 2 Million Square Foot Distribution Park in PA's I-81 Corridor ](https://www.panattoni.com/news_article/panattoni-planning-2-million-square-foot-distribution-park-in-pas-i-81-corridor/) - Cumberland County, PA--Panattoni Development Company has acquired the first of two parcels in Key Logistics Park located in Cumberland County, Pennsylvania, which it will use to develop up to 2 million square feet of distribution/warehouse space. The Baltimore office of Panattoni has completed the purchase of a 58 acre tract in Key Logistics Park. The - [Panattoni Acquires Distribution Facility in York County, PA From Harley-Davidson ](https://www.panattoni.com/news_article/panattoni-acquires-distribution-facility-in-york-county-pa-from-harley-davidson/) - Manchester, PA--Panattoni Development Company, Inc. has recently purchased 75 Steamboat Boulevard, a 193,000-square-foot distribution/warehouse in York County, PA from the Harley-Davidson Motor Company. The building, located in Brickyard Industrial Park, was developed by Harley-Davidson in 2002 and served as a Materials Velocity Center for their local manufacturing operation. The firm now uses a third-party provider - [Panattoni to Develop 1.5 Million Square Feet of Distribution Space in Pennsylvania ](https://www.panattoni.com/news_article/panattoni-to-develop-1-5-million-square-feet-of-distribution-space-in-pennsylvania/) - Panattoni Development Company has acquired a 129 acre tract within the I-81/I-78 Logistics Park, Union Township, Lebanon County, Pennsylvania. The three (3) building, 1.85 million square foot park was master planned by Plymouth Meeting-based Vision Group Ventures. The Park is located at the junction of the two primary distribution corridors servicing the Northeastern United States, - [Plots & Ploys: Not Wary on Warehouses ](https://www.panattoni.com/news_article/plots-ploys-not-wary-on-warehouses/) - NEW YORK, NY - MetLife Inc. is getting industrial. The insurer is planning a series of new developments of warehouse and distribution space in eight projects around the U.S., totaling at least six million square feet. MetLife announced the first last week: a development of up to three million square feet of space in the ## Team Members - [Travis Hale](https://www.panattoni.com/about/team/travis-hale/) - Tr - [John DiVall](https://www.panattoni.com/about/team/john-divall/) - [Scott Siegel](https://www.panattoni.com/about/team/scott-siegel/) - [Adon Panattoni](https://www.panattoni.com/about/team/adon-panattoni/) - [Rebecca Orig](https://www.panattoni.com/about/team/rebecca-orig/) - [Jonathan Quinn](https://www.panattoni.com/about/team/jonathon-quinn/) - [Gerardo Ruiz](https://www.panattoni.com/about/team/gerardo-ruiz/) - [Tyler Banton](https://www.panattoni.com/about/team/tyler-banton/) - [Kenzie Foley](https://www.panattoni.com/about/team/kenzie-fortier/) - [Tessa Summers](https://www.panattoni.com/about/team/tessa-summers/) - [Patty Nishikawa](https://www.panattoni.com/about/team/patty-nishikawa/) - [Phil Larger](https://www.panattoni.com/about/team/phil-larger/) - [Jenny Morgan](https://www.panattoni.com/about/team/jenny-morgan/) - [Jason Rosenberg](https://www.panattoni.com/about/team/jason-rosenberg/) - [Tim Schaedler](https://www.panattoni.com/about/team/timothy-schaedler/) - [Dayne Pryor](https://www.panattoni.com/about/team/dayne-pryor/) - [Brad Hoffman](https://www.panattoni.com/about/team/brad-hoffman/) - [Mark Branstetter](https://www.panattoni.com/about/team/mark-branstetter/) - [Jim Odewald](https://www.panattoni.com/about/team/jim-odewald/) - [Brent Collins](https://www.panattoni.com/about/team/brent-collins/) - [Adam Kramer](https://www.panattoni.com/about/team/adam-kramer/) - [Clifton Coffey](https://www.panattoni.com/about/team/clifton-coffey/) - [Chase Metkovich](https://www.panattoni.com/about/team/chase-metkovich/) - [Courtney Cline](https://www.panattoni.com/about/team/courtney-cline/) - [Katina Woodbury](https://www.panattoni.com/about/team/katina-woodbury/) - [Doug Roberts](https://www.panattoni.com/about/team/doug-roberts/) - [Ryan Koop](https://www.panattoni.com/about/team/ryan-koop/) - [Abbie Wertheim](https://www.panattoni.com/about/team/abbie-wertheim/) - [Andrew Tighe](https://www.panattoni.com/about/team/andrew-tighe/) - [John Pagliari](https://www.panattoni.com/about/team/john-pagliari/) - [Ian McDonald](https://www.panattoni.com/about/team/ian-mcdonald/) - [John Lynass](https://www.panattoni.com/about/team/john-lynass/) - [Justin Komppa](https://www.panattoni.com/about/team/justin-komppa/) - [Todd King](https://www.panattoni.com/about/team/todd-king/) - [Johan Henriksen](https://www.panattoni.com/about/team/johan-henriksen/) - [Joe Guion](https://www.panattoni.com/about/team/joe-guion/) - [Michael Gajos](https://www.panattoni.com/about/team/michael-gajos/) - [Shirley Folkins-Roberts](https://www.panattoni.com/about/team/shirley-folkins-roberts/) - [Phillip Dunning](https://www.panattoni.com/about/team/phillip-dunning/) - [Kristen Dickey](https://www.panattoni.com/about/team/kristen-dickey/) - [Holland Carroll](https://www.panattoni.com/about/team/holland-carroll/) - [Dominick Sekich](https://www.panattoni.com/about/team/dominick-sekich/) - [Bill Bullen](https://www.panattoni.com/about/team/bill-bullen/) - [Carl Panattoni](https://www.panattoni.com/about/team/carl-panattoni/) ## Featured Project Pages - [RNO - LV Featured Projects](https://www.panattoni.com/featured-projects/rno-lv-phx/) - [OC-IE Featured Projects](https://www.panattoni.com/featured-projects/oc-ie/) - [Chicago Featured Projects](https://www.panattoni.com/featured-projects/chicago/) - [Atlanta Featured Projects](https://www.panattoni.com/featured-projects/atlanta/) - [Southeast Featured Projects](https://www.panattoni.com/featured-projects/southeast-featured-projects/) - [Denver Featured Projects](https://www.panattoni.com/featured-projects/denver/) - [Sacramento Featured Projects](https://www.panattoni.com/featured-projects/sacramento/) - [Seattle Featured Projects](https://www.panattoni.com/featured-projects/seattle/) - [LA - SD Featured Projects](https://www.panattoni.com/featured-projects/la-sd/) - [Dallas Featured Projects](https://www.panattoni.com/featured-projects/dallas/) - [Houston Featured Projects](https://www.panattoni.com/featured-projects/houston/) - [St. Louis Featured Projects](https://www.panattoni.com/featured-projects/st-louis-featured-projects/) ## Position Category - [Executives](https://www.panattoni.com/about/team/positions/executives/) - Category for the Executive team members of Panattoni. - [Leadership Team and Local Partners](https://www.panattoni.com/about/team/positions/national-partners/) - The category for the National Partners of Panattoni. - [Managing Partner](https://www.panattoni.com/about/team/positions/managing-partner/)