OCEANSIDE, CA—McDonald Property Group, an industrial development company headquartered in Newport Beach, CA, has formed a development agreement with an entity owned by First Industrial Realty Trust to develop La Pacifica II, a three-building, 237,275-square-foot industrial park.
“We're pleased to be developing this project for First Industrial and we have every expectation that it will meet with success in the North San Diego County Market,” said Bruce McDonald, principal and founder of McDonald Property Group.
First Industrial Realty Trust is a publically traded REIT and is a leading owner, operator, and developer of industrial real estate with 66 million square feet of industrial properties under management nationwide. Ryan McClean, West Coast market leader, Larry Cochrun, director of development, and Jerry Devon, market leasing director, will lead the First Industrial Los Angeles team on this project, along with McDonald Property Group.
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