August 22, 2018
Shea Properties started construction on Shea Business Center, a new, state-of-the-art industrial park located on the former ITT site on Dyer Road in Santa Ana, CA. The recently-acquired property will offer roughly 500,000 square feet of Class A industrial space, consisting of nine buildings, and is anticipated to be available for occupancy in October 2019.
Shea Properties’ Jon Marchiorlatti says, “New industrial buildings are a scarcity here in Orange County, and the central location makes it perfect for existing or established businesses looking for a home here in Southern California–or for anyone looking for a last-mile distribution solution.”
Site demolition is underway, while construction is expected to begin later this year. The buildings will feature dock-high and ground-level loading doors, ESFR sprinklers, concrete truck courts, gas service to all buildings, potential private yards, ample power and 28-foot to 30-foot clear heights.
Cushman and Wakefield’s John Griffin and Max Wang will handle leasing.
Connect Orange County is just around the corner. In case you didn’t know, it is just about the biggest CRE gathering in SoCal. You can still register and get the Early Bird Rate on this link: Connect Orange County.
For comments, questions or concerns, please contact Dennis Kaiser