FULTON, MO-Paric Corp., based here, is building the first facility that is planned for a 120-acre new business park here the intersection of US Highway 54 and Highway H. The builder is also managing the site improvements, such as roads and utilities, for the Callaway Energy Center. The tenant of the $14.5 million building is Callaway Electric Cooperative, which is a related company of the park developer, the Callaway Electric Service Co.

Construction has already started on the new 81,000-sf building, which will have 31,000 sf of office space, and warehouse and vehicle storage areas. A smaller warehouse building is also going up, says Tim Masa, project executive for Paric. “They company is relocating their entire operation from elsewhere in Fulton,” he tells GlobeSt.com. The two facilities are being designed to meet LEED certifications, Masa says.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.