Hillwood Breaks Ground on 1.1 Million SF Industrial Building in California
March 27, 2015
SAN BERNARDINO, Calif. — Hillwood Investment Properties has broken ground on Alliance Gateway South Building Three, a 1.1 million-square-foot addition to its AllianceCalifornia development in San Bernardino.
PCCP provided the non-recourse senior loan to Hillwood for the construction of the property, which is scheduled for completion this December.
AllianceCalifornia Gateway South Building Three is in the heart of the Inland Empire’s industrial marketplace and is the largest speculative industrial building under construction in San Bernardino County. The facility is located at 555 Orange Show Road and has access to I-10, I-215 and I-210, all of which are major surface transit routes for cargo carriers. Companies with a presence in AllianceCalifornia include Amazon, Mattel, Kohler, Pactiv, Pep Boys, Kohl’s and Stater Bros.
“We envision the project attracting Fortune 1000 tenants as earlier phases of AllianceCalifornia have done,” says John Magness, who is overseeing the development for Hillwood, a Dallas-based developer. “Within the immediate vicinity of Building Three are warehousing and distribution centers for some of the largest online retailers in the nation, as well as direct-to-market retailers. With the immediate access to air, rail and freeways, the development is suitable for all types of companies.”
Gateway South will feature 36-foot ceiling clearances, cross-dock loading with 215 dock-high loading doors, 588 trailer parking spaces and two concrete secured truck courts of 185 and 240 feet, respectively. The 1.1 million-square-foot warehouse is situated on 50 acres and is part of Hillwood’s larger 2,000-acre AllianceCalifornia trade and logistics center.
The project is located two miles from BNSF’s Intermodal Container Facility and is immediately accessible to San Bernardino International Airport, which has a 10,000-foot runway for air cargo.