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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