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Hillwood Plans 1M-SF Industrial Build

SAN BERNARDINO, CA—The 1.1-million-square-foot industrial facility known as Gateway South Building 3 is an extension of the AllianceCalifornia Industrial Park, a 14-million-square-foot industrial park.

By Kelsi Maree Borland | Updated on April 02, 2015

SAN BERNARDINO, CA—Hillwood Investment Properties has broken ground on the Gateway South Building 3, a 1.1-million-square-foot industrial building in San Bernardino. The property is an extension of the 14-million-square-foot AllianceCalifornia industrial park. The development is scheduled for delivery by the end of the year.

“We feel very good about getting a building of this size up. We have done several buildings of this size over the years, and have leased them,” John Magness, SVP at Hillwood Investment Properties, tells GlobeSt.com. “Usually about mid-way through construction we will find a tenant. This building has all of the amenities that a tenant would want, like extra truck parking, extra car parking, truck circulation around the building and a 36-foot clear, which is the trend in the larger industrial building. We just started grading last week, so we are about nine months away from end of the year delivery of the building, hopefully with a tenant, but if not, we will work on the lease-up even after construction.”

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