RIVERSIDE, CA—CT Realty says construction has begun on CT Sycamore Center, the first development for the $120 million joint venture formed in 2014 between CT Realty and Prudential Real Estate Investors.
The joint venture was established to develop new, for-sale industrial buildings throughout Southern California.
CT Sycamore Center, located within the 1,400-acre Sycamore Canyon Business Park on the northwest corner of Dan Kipper Drive and Sycamore Canyon Boulevard, is being built on 13.1 acres located near the Interstate 215/60 freeway interchange. The development project will encompass five class A industrial buildings totaling 230,672 square feet on one of the few sites remaining for industrial development in the business park.
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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.
