Page 12 - Panattoni Development News Today : Breaking News, Live Updates & Top Stories | Vimarsana

PCCP, Panattoni Buy Maryland Site for Logistics Project Construction of the 731,000-square-foot facility is expected to wrap up by the end of the year. Mar032021 Rendering courtesy of PCCP A partnership of PCCP LLC and Panattoni Development Co. has purchased a 90-acre site for the upcoming speculative industrial development dubbed Creekside Logistics Center in Hagerstown, Md. The planned 730,880-square-foot Class A warehouse is expected to deliver in December 2021. According to  The Herald-Mail, Heritage Capital LLC was the owner of the land and sold the plot “construction-...

 The fact that the ongoing pandemic has disrupted the role of traditional office space in the workforce is no secret by now. The work-from-home trend shows no signs of ending, either, as office workers en masse eschew commutes and cubicles for home offices, increased family time and a healthier work-life balance. Those factors are primary reasons why International Game Technology (IGT) made the decision to list its sprawling 1.2 million square foot campus for lease with Colliers International at the beginning of January Five years ago, in January 2016, IGT divested its 610,410-square foot ...

Southern Dallas FedEx shipping hub sells to NY investor Trammell Crow Co.’s Cedardale Distribution Center is the latest to sell. Trammell Crow built the Cedardale Distribution Center in southern Dallas in 2018.(Trammell Crow Co. ) A southern Dallas shipping hub is the latest North Texas industrial property to be snapped up by investors. The Cedardale Distribution Center near Interstate 20 is more than 776,000 square feet and is leased to FedEx as a package-handling center. An investor represented by New York-based Global Securitization Services LLC just purchased the big warehouse which was...

Home products firm eyes huge Dallas-area shipping center JLA Home is based in California and sells products including bedding and furnishings. Panattoni Development recently built a more than 1 million square foot distribution center for JLA Home in Georgia.(Panattoni Development ) JLA Home is a unit of E & E Co. Ltd., which is based in Freemont, Calif. The company sells and distributes home fashion products including bedding, furnishings, lighting and other items used in home décor. California-based industrial building company Panattoni Development Co. is working with JLA Home on a new dist...

  Specialty paper products company IG Design Group Americas Inc. is expanding operations in Marshall County. The expansion is part of a project that represents a $57.41 million corporate investment and will create 300 jobs by May of 2022. IG Design Group specializes in celebrations and craft products, including stationery, gift wrapping paper and gift bags, and serves retailers worldwide, from design to distribution. In July, it was announced that the company was locating operations in the Chickasaw Trail Industrial Park, initially creating 35 jobs. The company leased a 554,000-square-foot...