(Read more on the industrial market.)

REDLANDS, CA-Newcastle Partners of San Francisco plans two new industrial projects here, both scheduled to open in 2008, that will total 759,000 sf and will comprise two buildings each. One will be called the Alabama Industrial Center I and II, the other the Almond Industrial Center.

Newcastle will develop 573,000 sf at Alabama Industrial Center on 27.6 acres of land at Alabama and Palmetto streets. Construction is scheduled to start late this year, with delivery of buildings anticipated in late summer 2008.

The company will develop the 186,000-sf Almond Industrial Center on 9.4 acres on Almond Avenue between California and Nevada streets. The buildings will be divisible down to 19,000 sf, with dock high facilities. Construction is scheduled to begin in the first quarter of 2008, with delivery of buildings anticipated for fourth quarter of 2008.

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