Tuesday , June 18 2024
Inland Empire Business News January, 2015.007
Inland Empire Business News January, 2015.007

“Spec’ industrial project underway

Two industrial buildings are under construction in La Verne.

The structures, at 1300 and 1306 Palomares Ave. near the intersection of Interstate 10 and the Pomona Freeway, will combined cover 50,000 and 33,000 square feet, according to Colliers International, which is marketing the project.

Both buildings are expected to be completed next February. They are both being built without signed tenants and both are available for sale or lease, said Joe Williams, an associate with Colliers, in a statement.

Financial details were not disclosed. CEG Construction in Pico Rivera, which specializes in turnkey industrial projects, is the developer.

Colliers has had regular meetings with interested parties and is trying to get the buildings sold before construction is completed, Williams said.

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