DAVIS, CA—Panattoni Development, working with DTZ, has acquired about 15 acres here with plans to develop a class A office, lab, tech space.
DTZ, a global leader in commercial real estate services, says Panattoni Development Company, has gone into escrow on the undeveloped ±14.81 acre site located at 3501 Chiles Boulevard, the property is zoned for a business park and commercial use.
Panattoni plans to develop between ±150,000 and ±225,000 square feet of new class A space on the site, which is said to be the largest undeveloped site in Davis. It is currently approved for development.
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David Phillips
David Phillips is a Chicago-based freelance writer and consultant with more than 20 years experience in business and community news. He also has extensive reporting experience in the food manufacturing industry for national trade publications.
