Park 83 Logistics Center is a 764,400 square foot concrete tilt-up building located in York, Pennsylvania. The 86.6 acre site is 1/4 mile from I-83 (Exit 28) and has a workforce population of more than 375,000 within a 30-minute drivetime. Building features include 40’ clear height, 56’ x 53’ column spacing, 116 dock doors, 4 drive-in doors, 185’ truck court, ESFR sprinkler system, 431 car parking spaces and 161 dedicated trailer stalls (Expandable to 214). The building is fully leased by Church & Dwight.
Hanover Logistics Center is 122,688 SF concrete/tilt-up building located 3 miles from the Baltimore/Washington International Airport. Project features consist of 32’ clear height, 28 dock loading positions, 2 drive-in doors (12′ x 14′), 53′ x 50′ column spacing, 120’ truck court, 20 trailer drop positions and ESFR fire sprinklers . The 12 acre site is just 2.5 miles from Interstate 95, 1/2 mile from Route 100 and 13 miles from the Port of Baltimore.
Building C fully leased to national e-commerce tenant. Building B, California’s first Cross Laminated Timber (CLT) building is permit ready.
Vacaville, CA — October 25, 2023 – Ridgeline Property Group (Ridgeline) along with capital partner and real estate investment manager, Affinius Capital, announced today that Buildings A and C at Midway Commerce Center are complete. The 89.7-acre, Class “A” institutional quality industrial park totals 1.53 million square feet and is exceptionally located midway between Sacramento and the San Francisco Bay area, just a mile from the Midway Road and Highway 505 interchange, and less than four miles from Interstate 80.
One of the largest buildings in Northern California, 920 Eubanks Drive, Building C, a 1,228,982 square foot, cross-dock facility with an internal clear height of 42 feet, offering hydraulic dock levels at all 209 positions is complete. Ridgeline and Affinius are excited to report Building C fully leased to a national e-commerce tenant who will be fully operational 2Q2024. View an external timelapse video.
Vacaville Mayor John Carli, center cuts the ceremonial ribbon flanked by Steve Arthur, Partner, Ridgeline Property Group to the left, and Vacaville City Council Member Roy Stockton to the right.
“The City of Vacaville, recognized for its business-friendly leadership, and strong labor market, combined with Midway Commerce Center’s thoughtful design specification, were instrumental in attracting and securing a world-renowned tenant on a long-term lease for Building C, 920 Eubanks Drive. Ridgeline is grateful for our best-in-class project team, led by HPA Architecture, and recognizes Fullmer Construction, Bob Fullmer and his team for an outstanding job. Many thanks to Cushman and Wakefield, and KBC Advisors for securing the Building C lease.” Steve Arthur, Ridgeline Property Group, Partner.
850 Eubanks Drive, Building A, a 198,490 square foot rear-loading building, offering a 36-foot clear height and mechanical dock levers at every other position, is also complete and ready for occupancy on November 1st. Building A features LED lighting, 4,000 amps of power, mechanical levers and dock deals at every other dock position, metal roof deck supporting an insulated, 20-Year TPO roof, and 2,991 square feet of high-finish offices.
Ridgeline and Affinius Capital are excited to announce that 870 Eubanks Drive, Building B, a 105,908 square foot, 32’ clear height, rear-loading building is permit ready and available for pre-leasing. California’s first Cross Laminated Timber (CLT) building, supplementing CLT overlain by insulated Metal Panel (IMP) in lieu of concrete, Building B will have a reduced carbon footprint by approximately 30% compared to tilt-wall construction, offering tenants a warm, natural working environment.
“Ridgeline recognizes HPA’s Teresa Goodwin and her leadership in the innovative design of California’s first mass-timber (CLT) building.” Steve Arthur, Ridgeline Property Group, Partner.
“The City of Vacaville recognizes Steve Arthur of Ridgeline Property Group and his partners Affinius Capital, whose vision and enthusiasm have made this project a reality,” said Mayor John Carli. “The commitment to Vacaville and more than $200,000,000 investment is a testament to their belief in the potential and promise of our community. We are delighted to be home to California’s first Cross Laminated Timber building and are eager to see the positive impacts of job creation and the overall contributions to the economic vitality of our City and region.”
“The Cushman and Wakefield team has leased tens of millions square feet of warehouse and manufacturing space in the North Bay and the Bay Area over the course of 40 years, and this may be our best product yet. We are fortunate to offer Midway Commerce Center, rich in amenities. Abundant auto and trailer parking, ample power, flexible design, and some of the best labor demographics in the region make this project stand out.” Brooks Pedder, SIOR, John McManus, CCIM and Tony Binswanger, SIOR of Cushman & Wakefield, exclusive broker.
Ridgeline Property Group is a commercial real estate development and investment company operating throughout the United States. Headquartered in Atlanta, the firm has a particular focus on the acquisition, development, and management of high-quality industrial properties in strategic markets. Ridgeline’s regional partners have more than 125 years of combined experience in the commercial real estate industry and have developed in excess of 130 million square feet of space in more than 30 states. For additional information, please visit www.ridgelinepg.com.
About Affinius Capital
Affinius Capital (formerly known as USAA Real Estate) is the brand name that applies to it, and its advisory subsidiaries Affinius Capital Advisors and Affinus Capital Management. Affinius invests across the risk spectrum for a global client base, managing over $33 billion in net assets under management within a diversified portfolio across North America and Europe. Affinius provides strategic equity and debt capital, including to capitalize on the accelerating demand for technology-driven real estate assets, to meet the critical need for housing solutions, and for other market and capital structure opportunities exhibiting compelling risk-return characteristics. For more information, please visit www.affiniuscapital.com.
Vacaville, CA — February 23, 2023 – Ridgeline Property Group (Ridgeline) along with capital partner and real estate investment manager, USAA Real Estate, announced today vertical construction is underway at Midway Commerce Center for Buildings A and C. The 89.7-acre, Class “A” institutional quality industrial park totals 1.53 million square feet and is exceptionally located midway between Sacramento and the San Francisco Bay area. Both buildings, featuring LED lighting, ample power, and high-finish offices, will be completed and ready for occupancy in early fall this year.
Walls are in place on Building C, a 1,228,982 square foot, cross-dock facility with an internal clear height of 42 feet, offering hydraulic dock levels at all 209 positions. The roof deck is currently being applied.
“Ridgeline is excited to bring the Midway Commerce Center to the City of Vacaville, recognized for its business-friendly leadership, and strong labor market. Midway will attract national tenants seeking an outstanding Northern California location, bringing over 1,200 jobs to the City. Ridgeline is proud of our best-in-class project team, led by HPA Architecture, and their outstanding design. We anticipate announcing Building B (105,908 SF) very soon.” Steve Arthur, Ridgeline Property Group, Partner.
Cranes are lifting wall panels on Building A, a 198,490 square foot rear-loading building, offering a 36-foot clear height and mechanical dock levers at every other position.
“Ridgeline has been an excellent development partner,” said Aaron Busch, Vacaville City Manager. “We are proud to be home to one of the largest industrial facilities in California. The addition of Midway Commerce Center and its flexible design is well positioned to attract logistics, distribution, and e-commerce tenants, as well as advanced manufacturing industries, aligning well with the City of Vacaville’s implementation of our Biotechnology and Advanced Manufacturing Initiative.”
The project is conveniently located off Eubanks Drive, a mile from the Midway Road and Highway 505 interchange, and less than four miles from Interstate
“The Cushman and Wakefield team has leased tens of millions square feet of warehouse and manufacturing space in the North Bay and the Bay Area over the course of 40 years, and this may be our best product yet. We are fortunate to offer Midway Commerce Center, rich in amenities. Abundant auto and trailer parking, ample power, flexible design, and some of the best labor demographics in the region make this project stand out.” Brooks Pedder, SIOR, John McManus, CCIM and Tony Binswanger, SIOR of Cushman & Wakefield, exclusive broker.
Ridgeline Property Group is a commercial real estate development and investment company operating throughout the United States. Headquartered in Atlanta, the firm has a particular focus on the acquisition, development, and management of high-quality industrial properties in strategic markets. Ridgeline’s regional partners have more than 125 years of combined experience in the commercial real estate industry and have developed in excess of 130 million square feet of space in more than 30 states. For additional information, please visit www.ridgelinepg.com.
About USAA Real Estate
Along with its affiliate companies, USAA Real Estate invests across the risk spectrum for a global client base, managing over $35 billion in net assets under management within a diversified portfolio across North America and Europe. USAA Real Estate provides strategic equity and debt capital, including to capitalize on the accelerating demand for technology-driven real estate assets, to meet the critical need for housing solutions, and for other market and capital structure opportunities exhibiting compelling risk-return characteristics. For more information, visit www.usrealco.com.
Northwest Gateway Center (NGC), located at 3625 North Wilke Road and 3600 North Kennicott Avenue in Arlington Heights, is a suburban infill site, consisting of two (2) Class-A industrial buildings totaling 511,577 SF on 34 acres.
From the Highway 53 and Dundee interchange, Northwest Gateway Center sits between the first two traffic signals and is 7.6 miles from the crossroads of I-90 and I-290, providing superior access to two of Chicago’s major transportation arteries. Chicago O’Hare is 12 miles away. In addition to its exceptional freeway access, NGC is positioned along a predominant retail corridor with main brand retailers and quick service restaurants, providing users a variety of convenient amenities.
Building 1 is a 205,285 SF, 32’ clear height, rear load facility with 45 dock doors. Building 2 is a 306,292 square foot, rear load facility. It was designed with a depth of 360’ for larger users who have greater warehousing and distribution needs. Features include 36’ clear height, 47 dock doors and 65 trailer stalls.
Ridgeline Property Group was asked to develop a second light assembly facility for Glovis, Georgia, LLC. The new building will function as a bumper assembly facility for units utilized at the nearby KIA plant (Within 0.75 miles of the site). The 32’ clear height building includes a cross-dock configuration, 6,300 square feet of office space, ESFR fire system, 6″ concrete slab, 50′ x 60′ column spacing, 30 docks/2 drive-ins and 189,810 square feet of expansion space. The property is secured with perimeter fencing and includes two new guard house units for separate employee and truck delivery check-in. The facility was operational in April of 2022.
235-acre site with Unrivaled Proximity to I-85 will become Commerce Logistics Center
Atlanta, GA, February 15, 2022 – Responding to record low vacancy and solid demand for Class-A logistics space in the Greater Atlanta industrial market, Ridgeline Property Group (Ridgeline) announced today it will develop Commerce Logistics Center, a master planned industrial park that can support more than 2 million square feet.
The 235-acre site is in Commerce, Georgia off Highway 98 and is just a ½ mile from Interstate 85’s full diamond interchange. The strategically located Park is visible from I-85 and designed for 3 buildings totaling 2,247,840 square feet. Commerce Logistics Center is fully entitled with all utilities readily available and offers users flexibility with planned spec buildings and build-to-suit options.
“Ridgeline is excited to have the opportunity to deliver more Class-A Industrial product in the epicenter of the Jackson County Submarket. We look forward to working with the City of Commerce to make this project a success,” said Mike Gray, President of Ridgeline Property Group.
Development of Building #1 will begin this spring and is anticipated to be completed in Q1 2023. Features include cross-dock loading configuration, 40’ clear height, 56’ x 50’ column spacing, 152 dock doors, 4 drive-in doors, 440 auto spaces, 184 trailer spaces and ESFR sprinkler system.
Price Weaver, Ben Logue and Hooper Wilkinson of Colliers International have been selected to market the Property for lease or build-to-suit.
About Ridgeline Property Group
Ridgeline Property Group is a commercial real estate development and investment company operating throughout the United States. Headquartered in Atlanta, the firm has a particular focus on the acquisition, development and management of high-quality industrial and office properties in strategic markets. RPG’s regional partners have more than 125 years of combined experience in the commercial real estate industry and have developed in excess of 130 million square feet of space in more than 30 states. For additional information, please visit www.ridgelinepg.com.
Commerce Logistics Center is a master planned, Class-A Logistics Park that can accommodate 2,247,840 square feet. The 235-acre site, located on Nunn Road and a ½ mile from Interstate 85 is designed for 3 buildings. Buildings 1 & 3 are planned as 937,440 SF respectively, and Building 2 as 372,960 SF. Development of Building 1 began Mid-July 2022 and is anticipated to be completed in late Q2 of 2023. Features include cross-dock loading configuration, 40’ clear height, 56’ x 50’ column spacing, 149 dock doors, 4 drive-in doors, 440 auto spaces, 177 trailer spaces and ESFR sprinkler system. Commerce Logistics Center is fully entitled with all utilities readily available and offers user flexibility with planned spec buildings and build-to-suit options.
Chicago, IL – January 10, 2022 – Ridgeline Property Group (Ridgeline) announced today that it plans to develop a 416-acre Logistics and Rail Park known as I-80 Logistics Park, an institutional development that can support over 7 million SF of Class-A industrial product in Minooka, Illinois.
Located 7 miles from the Interchange of I-80 and I-55, also known as “The Crossroads of America,” the Park is designed to be a regional distribution hub to serve the Greater Midwest. Key highlights include rail service by CSX Rail Line, utilities-to- site, Industrial M-2 zoning, abundant trailer and car parking and strategic access to Interstate 80.
Ridgeline is preparing to launch Building # 1, a 1.1 million square foot facility in the Spring of 2022. Features will include cross-dock configuration (570’ deep), 40’ clear height, 241 exterior docks, 4 drive-in doors, 766 car parking stalls and 434 trailer stalls. Completion is scheduled for the 3rd quarter of 2023.
“Ridgeline is excited about this unique opportunity in the I-80 Corridor. With a population of 101 million that can be reached within a half day, this project is ideally suited for large, big box e-commerce and rail users,” said Greg Thurman, CEO of Ridgeline Property Group.
Ben Harris, VP of Development for Ridgeline’s Chicago office will lead the Project. Matthew Stauber, SIOR and Jim Estus, SIOR of Colliers International will market the Project for lease.
About Ridgeline Property Group
Ridgeline Property Group is a commercial real estate development and investment company operating throughout the United States. Headquartered in Atlanta, the firm has a particular focus on the acquisition, development and management of high-quality industrial and office properties in strategic markets. RPG’s regional partners have more than 125 years of combined experience in the commercial real estate industry and have developed in excess of 130 million square feet of space in more than 30 states. For additional information, please visit www.ridgelinepg.com.
I-80 Logistics Park is a premier rail-served logistics park located in Minooka, Illinois. Located 7 miles from the Interchange of I-80 and 1-55, also known as “The Crossroads of America,” the Park is designed as a regional distribution hub to serve the Greater Midwest. The development can support 5 buildings totaling 7 million SF of Class-A industrial product. Key highlights of the park include rail service by CSX Rail Line, utilities to site, Industrial M-2 zoning, abundant trailer and car parking and strategic access to Interstate 80. Features of Building 1 include cross-dock configuration (570’ deep), 40’ clear height, 241 exterior docks, 4 drive-in doors, 766 car parking spaces and 434 trailer stalls.
Dallas, TX – July 28, 2021 – Ridgeline Property Group (RPG) announced today that Lance Clinton has joined the company as Vice President of Development based out of Dallas, Texas.
Mr. Clinton will be a new addition to RPG’s National Development team and assist with the acquisition, development management, and leasing of assets.
Lance has more than 10 years of development and design experience in commercial real estate. Prior to joining Ridgeline Property Group, Lance served as a Development Associate at Caddis, where he was responsible for the sourcing and development of senior living and medical office assets. Preceding his time at Caddis, Lance was a civil engineer at Halff Associates where he designed and permitted over seven million square feet of industrial developments.
“We are pleased to have Lance join our National Development team. Lance’s strong civil engineering background will be a powerful addition to our traveling National Development team,” said Greg Thurman, CEO of Ridgeline Property Group.
Lance earned his Master of Business Administration in Real Estate and Finance from Southern Methodist University and B.S. in Civil Engineering from Texas Tech University. He is a licensed Professional Engineer in the state of Texas and a member of the National Association for Industrial and Office Properties (NAIOP), North Texas Chapter.
About Ridgeline Property Group
Ridgeline Property Group is a commercial real estate development and investment company operating throughout the United States. Headquartered in Atlanta, the firm has a particular focus on the acquisition, development and management of high-quality industrial and office properties in strategic markets. RPG’s regional partners have more than 125 years of combined experience in the commercial real estate industry and have developed in excess of 115 million square feet of space in more than 30 states. For additional information, please visit www.ridgelinepg.com.
Midway Commerce Center is a 3 building, 1,533,306 square foot industrial project in Vacaville, California. Buildings range in size from 105,834 sf to 1,228,982 sf, offering clear heights from 32′ to 42′. The 89.9-acre site is located midway between Sacramento and the San Francisco Bay Area with quick access to I-505 and I-80. This unique Northern California site is large enough to accommodate a single 1.23 million square foot tenant.
Pinole Pointe consists of an 124,050 square foot industrial building on 6.70 acres in Richmond, California. Building features include 32’ Clear Height, 6,000 SF of office, ESFR fire suppression system, 3,000 AMPs of power, 16 dock doors, 1 grade level door, 83 auto spaces, 9 trailer spaces and a 7” reinforced concrete slab. The building was leased to GoPuff in September of 2022.
Chicago, IL – November 9, 2020 – Ridgeline Property Group (RPG) announced today that it has appointed Ben Harris, Vice President of Development, Chicago.
In his new role, Ben will be responsible for the business procurement, site selection, development management and leasing for the RPG Midwest office in Chicago.
“Ben brings a wide range of expertise as it relates to Industrial development in the Midwest,” said Greg Thurman, CEO of Ridgeline Property Group. “We are excited that Ben has joined RPG to lead our development and acquisitions initiatives in this region.”
Mr. Harris brings Ridgeline Property Group more than 10 years of commercial real estate development and design-build construction experience. Prior to joining RPG, Ben most recently served as Senior Development Manager for Conor Commercial Real Estate’s Midwest industrial group. He was responsible for the firm’s development of build-to-suits, tenant lease opportunities and land acquisitions.
Harris earned a Masters of Business Administration (MBA) degree from the University of Chicago, Booth School of Business and a Bachelor of Arts degree in Criminology, Law and Society from University of California, Irvine. He is a member of the National Association for Industrial and Office Properties (NAIOP), Chicago Chapter and the U.S. Green Building Council (USGBC).
About Ridgeline Property Group
Ridgeline Property Group is a commercial real estate development and investment company operating throughout the United States. Headquartered in Atlanta, the firm has a particular focus on the acquisition, development and management of high-quality industrial and office properties in strategic markets. RPG’s regional partners have more than 125 years of combined experience in the commercial real estate industry and have developed in excess of 115 million square feet of space in more than 30 states. For additional information, please visit www.ridgelinepg.com.
RPG and MPR form a joint venture in the State of Florida
to develop commercial real estate properties.
Lake Park, FL, October 13, 2020 – Ridgeline Property Group (RPG) announced today that it will form a joint venture with Mitchell Property Realty (MPR) in the State of Florida. Silver Beach Industrial Park, a four building industrial project totaling 363,288 square feet in Lake Park, Palm Beach County, Florida, will be the venture’s first project.
Silver Beach Industrial Park is located just east of N. Congress Avenue on Silver Beach Road and 2 miles east of Interstate 95. Scheduled for completion in the first quarter of 2022, the project will consist of four, 90,822 square foot buildings (363,288 SF total). Features include 32’ clear height, 180’ truck court, 51’ x 50’ column spacing with 60’ speed bay, ESFR sprinkler system, 24 dock high doors and 1 drive-in ramp per building.
Ed Mitchell, President of Mitchell Property Realty, “It is exciting for us to be partnering with RPG in Florida. We believe their national relationships with capital sources, brokers and tenants, coupled with our local market expertise, creates an exceptional platform for us to grow our industrial presence.”
“Ridgeline Property Group is elated to partner with MPR and expand our presence in the State of Florida. Ridgeline Property Group and Mitchell Property Realty have had a long standing relationship over the years and we are excited to continue RPG’s national platform growth,” said Greg Thurman, CEO of Ridgeline Property Group.
RPG and MPR are teaming with American Realty Advisors to develop Silver Beach Industrial Park.
Robert Smith of CBRE will be marketing the property for lease.
About Ridgeline Property Group
Ridgeline Property Group is a commercial real estate development and investment company operating throughout the United States. Headquartered in Atlanta, the firm has a particular focus on the acquisition, development and management of high-quality industrial and office properties in strategic markets. RPG’s regional partners have more than 125 years of combined experience in the commercial real estate industry and have developed in excess of 115 million square feet of space in more than 30 states. For additional information, please visit www.ridgelinepg.com.
About Mitchell Property Realty
Mitchell Property Realty is a real estate investment firm focused on acquisition, repositioning, and ground-up development of commercial properties throughout the State of Florida. MPR is an expert in the Florida industrial markets, with the sole focus on South Florida, Tampa, and Orlando. The company was founded at the beginning of 2019. The founder of the company, Edward Mitchell, has an extensive 30-year track record developing and operating industrial and office properties throughout the State of Florida. www.mitchellpropertyrealty.com
About American Realty Advisors
American Realty Advisors (“ARA”), headquartered in Los Angeles, CA, is a private equity real estate investment manager on behalf of institutional capital and invests in a commercial real estate portfolio with over $10.1 billion in assets under management. Through a series of offerings of core, core-plus, and value-add strategies which include equity, debt, preferred equity, mezzanine and hybrid debt, ARA invests in a wide range of opportunities in high-quality office, retail, industrial, multi-family, and other property types throughout the United States.
More information regarding ARA can be found at www.aracapital.com.
Cypress, TX, June 9, 2020 – Archway Properties and Ridgeline Property Group announced today that construction has been completed on Telge 290 Logistics Center. The 207,635 square foot Class A industrial building is currently available for lease.
Located at 14803 Cypress North Houston Road, the property has excellent access to Highway 290 via Telge Road and is in close proximity to Beltway 8, the Grand Parkway and the energy corridor. Downtown Houston & George Bush Intercontinental Airport are approximately 24 miles away. Telge 290 Logistics Center is the perfect location for last-mile distribution.
”Our design and construction team of Powers Brown and EE Reed performed exceptionally on this project, and we are confident that the growing northwest submarket along with the acceleration of e-commerce will ultimately result in leasing success even in these turbulent times” – Ben Allen, Partner at Archway Properties.
The 32’ clear height, front load building has an ESFR sprinkler system, 47 dock-high doors, 2 drive-in ramps, 180’ truck court and on-site detention.
“We are excited to announce the completion of Telge 290 Logistics Center. Our new building is well suited for the segment of the market that is seeing increased demand, e-commerce and last mile users” – Greg Thurman, CEO at Ridgeline Property Group.
Leasing agents for the project are Walker Barnett, SIOR, and Ryan Byrd of Colliers International.
Telge 290 Logistics Center is the second joint venture project in Texas between Ridgeline Property Group and Archway Properties.
About Ridgeline Property Group
Ridgeline Property Group is a commercial real estate development and investment company operating throughout the United States. Headquartered in Atlanta, the firm has a particular focus on the acquisition, development and management of high-quality industrial and office properties in strategic markets. RPG’s regional partners have more than 125 years of combined experience in the commercial real estate industry and have developed in excess of 115 million square feet of space in more than 30 states. For additional information, please visit www.ridgelinepg.com.
About Archway Properties
With offices in Houston and Dallas, Archway Properties offers a broad range of real estate services to its clients and partners including acquisition, development, project management and asset management. Our principals have successfully completed projects with a total value in excess of $2 billion. For more information, please visit www.archwayprop.com.
Cypress, TX, August 6, 2019 – Ridgeline Property Group (RPG) and Archway Properties announced today it will jointly develop the Telge 290 Logistics Center, a 207,635 square foot Class A industrial building in Cypress, Texas. Construction is scheduled to begin in the third quarter of 2019 with completion in the second quarter of 2020.
Features of the front load building consist of 32’ clear height, ESFR sprinkler system, 47 dock-high doors with 2 drive-in ramps, 56 trailer parks, 132 car parks, 2,000 amps of power, 180’ truck court and on-site detention.
The 13.97 acre site is located at 14811 Cypress North Houston Road and has direct access to Telge Road. The property is only 8 miles to Beltway 8, 8.7 miles to the Grand Parkway, 12.4 miles to the energy corridor, 23.5 miles to Downtown Houston and 24 miles to George Bush Intercontinental Airport.
“As Class A industrial continues to push out further and further West, we were excited to find this infill site in the burgeoning Northwest market. With direct access to both Telge and Cypress North Houston, we essentially created a corner lot with excellent utility and truck access to the newly expanded Northwest Freeway,” stated Ben Allen, Partner at Archway Properties.
Walker B. Barnett, SIOR, and Ryan Byrd of Colliers International, are marketing the property for lease. Powers Brown is the architect.
“Ridgeline Property Group continues to execute our company strategy of developing multiple sites within the Greater Houston Market. Our next development, Telge 290 Logistics Center is designed to accommodate the needs of today’s e-Commerce and logistics users,” added Greg Thurman, CEO of Ridgeline Property Group.
Ridgeline Property Group and Archway Properties are teaming with USAA Real Estate Company to develop the Telge 290 Logistics Center project.
About Ridgeline Property Group
Ridgeline Property Group is a commercial real estate development and investment company operating throughout the United States. Headquartered in Atlanta, the firm has a particular focus on the acquisition, development and management of high-quality industrial and office properties in strategic markets. RPG’s regional partners have more than 125 years of combined experience in the commercial real estate industry and have developed in excess of 115 million square feet of space in more than 30 states. For additional information, please visit www.ridgelinepg.com.
About Archway Properties
With offices in Houston and Dallas, Archway Properties offers a broad range of real estate services to its clients and partners including acquisition, development, project management and asset management. Our principals have successfully completed projects with a total value in excess of $1 billion. For more information, please visit www.archwayprop.com.
Chicago, IL, April 1, 2019 – Ridgeline Property Group (RPG) announced today its newest development, Chariot Logistics Center, a 3 building, 623,000 square foot industrial project in Melrose Park, IL.
Scheduled for completion in the Fourth Quarter of 2019, Chariot Logistics Center will offer 32’ clear height, modern building designs, ample parking and flexible sizing. Buildings will range in size from 135,000 sf to 252,000 sf and located within Melrose Park. In addition, the project will offer a Class 6(b) Tax Incentive.
The 42-acre site located at 8600 W North Avenue is just 7 miles from O’Hare International Airport and 13 miles from the City of Chicago. It has excellent access to I-290, I-294 and I-88. The area has a concentrated labor pool and a location surrounded by existing retail amenities on North Avenue.
Greg Thurman, CEO of Ridgeline Property Group stated, “Ridgeline Property Group continues to implement our company strategy of developing industrial facilities that are located in A+ locations and designed to accommodate the needs of today’s e-Commerce and distribution users that exist in the given submarket.”
Larry Goldwasser, Colin Green, Matt Cowie and Michelle Maguire of Cushman & Wakefield will provide leasing services for the project. The leasing team anticipates strong interest from e-commerce, last-mile service providers, food/cold storage, manufacturing, warehouse and distribution tenants.
Pete Harmon, Ridgeline’s Regional Partner, stated “It truly is a ‘once in a career’ opportunity to find a site such as this which offers access to the area’s best-in-class transportation and labor markets and to be situated within the business-friendly municipality of Melrose Park.”
Designed by Harris Architects and Kimley-Horn, the project will be constructed by Krusinski Construction.
Currently, Ridgeline Property Group has 9 million square feet under construction across the United States.
About Ridgeline Property Group
Ridgeline Property Group (www.ridgelinepg.com) is a commercial real estate development and investment company operating throughout the United States. Headquartered in Atlanta, the firm has a particular focus on the acquisition, development and management of high-quality industrial properties in strategic markets. RPG’s regional partners have more than 125 years of combined experience in the commercial real estate industry and have developed in excess of 115 million square feet of space in more than 30 states. RPG has offices in Atlanta, Northern VA/Washington DC, Chicago, Dallas, Houston and California
Baltimore, MD, January 15, 2019 – Ridgeline Property Group (RPG) has broken ground on Hanover Business Center, a 101,000 square foot Class-A distribution center. Located minutes from the Baltimore/Washington International Airport at 1250 Stoney Run Road in Hanover, the project is expected to be completed in the summer of 2019.
Hanover Business Center features 28-foot clear heights, ESFR fire sprinklers, 50’ x 50’ column spacing, 26 dock doors, 2 drive-in doors, 1.4 parking spaces per thousand square feet, a 120-foot truck court, and separate entrances for cars and trucks.
The 7.9 acre site is just 10 minutes (5.4 miles) from Interstate 95, the major north-south route on the Eastern Seaboard serving areas from Florida to Maine and only 21 minutes (11.5 miles) from the Port of Baltimore.
“Ridgeline Property Group continues to implement our company strategy of developing industrial facilities that are produced in A+ locations as well as product designed to accommodate the needs of today’s e-Commerce and distribution users,” said Greg Thurman, CEO of Ridgeline Property Group.
Michael Roden of CBRE’s Baltimore office has been selected to market the property. Glen Arm Building Company, LLC will serve as the General Contractor. MGMA is the architect and Urban Engineering is the civil engineer for the project.
Currently, Ridgeline Property Group has 9 million square feet under construction across the United States.
About Ridgeline Property Group
Ridgeline Property Group (www.ridgelinepg.com) is a commercial real estate development and investment company operating throughout the United States. Headquartered in Atlanta, the firm has a particular focus on the acquisition, development and management of high-quality industrial properties in strategic markets. RPG’s regional partners have more than 125 years of combined experience in the commercial real estate industry and have developed in excess of 115 million square feet of space in more than 30 states. RPG has offices in Atlanta, Northern VA/Washington DC, Chicago, Dallas, Houston and California.
The facility named McDonough Logistics Center will be located in Atlanta’s premier bulk industrial sector.
McDonough, GA, November 6, 2018 – Ridgeline Property Group (RPG) announced today it will develop McDonough Logistics Center, a 728,000 square foot Class A industrial facility. Located at 875 Highway 42 South in McDonough, Georgia, the building is expected to be completed in Fall 2019.
Features of the cross-dock facility include 36’ clear height, 60’ speed bays, 148 dock doors, 4 drive-in doors, TPO roof system, Ductilcrete slab, ESFR sprinkler system, 210 trailer storage spaces and 311 car parking spaces.
“We are thrilled to be developing in the I-75 South Corridor again, more specifically in the City of McDonough. This development enjoys immediate access to I-75, a highly competitive basis and an efficient design for multi-tenant flexibility. We look forward to engaging the 300,000 to 700,000 square foot prospects looking for a strategic South Atlanta location,” said Michael Gray, President of Ridgeline Property Group.
“Ridgeline Property Group continues to implement our company strategy of developing industrial facilities that are produced in A+ locations as well as product designed to accommodate the needs of today’s e-Commerce and distribution users,” added Greg Thurman, CEO of Ridgeline Property Group.
Ben Logue and Price Weaver of Colliers International have been selected to market the property. The Conlan Company will serve as the General Contractor. Pieper O’Brien Herr is the architect. Rose Leypoldt will manage the project for RPG.
Including this project, RPG will have developed in excess of 6 million square feet of industrial product in the greater Atlanta market over the last 3 years. The company currently has over 9 million square feet under construction across the United States.
About Ridgeline Property Group
Ridgeline Property Group (www.ridgelinepg.com) is a commercial real estate development and investment company operating throughout the United States. Headquartered in Atlanta, the firm has a particular focus on the acquisition, development and management of high-quality industrial properties in strategic markets. RPG’s regional partners have more than 125 years of combined experience in the commercial real estate industry and have developed in excess of 115 million square feet of space in more than 30 states. RPG has offices in Atlanta, Northern VA/Washington DC, Chicago, Texas and California.
RPG and Archway Properties form a joint venture in the State of Texas to develop commercial real estate properties
Humble, TX, September 11, 2018 – Ridgeline Property Group (RPG) announced today that it will form a joint venture with Archway Properties in the State of Texas. The venture’s first project will be the Park Air 59 industrial development, a 685,400 square foot industrial facility in Humble, Texas.
Located at Highway 59 and Will Clayton Parkway, Park Air 59 is only two miles from the Houston International Airport. The site also offers proximity to the Fed Ex Ground facility (7 miles), Port of Houston (25 miles), Houston Hobby Airport (27 miles) and Bayport Terminal (40 miles). The property is just 3 miles from Beltway 8 and 10 miles from Grand Parkway.
Don Dennis, Managing Partner of Archway Properties stated, “It is exciting for us to be partnering with RPG in Texas. We believe their national relationships with capital sources, brokers and tenants, coupled with our local market expertise, creates an exceptional platform for us to grow our industrial presence.”
“Ridgeline Property Group is elated to partner with Archway Properties and expand our presence in the State of Texas. Ridgeline Property Group and the Archway team had a very successful previous working relationship and we are excited to continue RPG’s national platform growth,” said Greg Thurman, CEO of Ridgeline Property Group.
Ridgeline Property Group and Archway Properties are teaming with USAA Real Estate to develop the Park Air 59 project.
Scheduled for completion in the second quarter of 2019, the cross-dock facility will include 40-foot clear height, 8” slab, 60’ x 55’ column spacing with 65’ staging bays, ESFR sprinkler system, 153 dock high doors, 4 drive-in doors, 180’ truck court, 242 trailer parking spaces and 332 auto parking spaces. In addition, the site has a favorable Ad Valorem tax rate which was 2.47% in 2017.
Park Air 59 will be the first speculative 40’ clear height building in the Houston area.
Mark Nicholas, SIOR, Richard Quarles, CCIM and Joe Berwick of Jones, Lang, LaSalle, are marketing the property for lease.
Houston is the 4th largest city and 8th largest industrial market in the United States. It has had the highest population growth of top 10 largest cities in the U.S. during the past 5 years and home to 26 Fortune 500 companies.
About Ridgeline Property Group
Ridgeline Property Group is a commercial real estate development and investment company operating throughout the United States. Headquartered in Atlanta, the firm has a particular focus on the acquisition, development and management of high-quality industrial and office properties in strategic markets. RPG’s regional partners have more than 125 years of combined experience in the commercial real estate industry and have developed in excess of 115 million square feet of space in more than 30 states. For additional information, please visit www.ridgelinepg.com.
About Archway Properties
With offices in Houston and Dallas, Archway Properties offers a broad range of real estate services to its clients and partners including acquisition, development, project management and asset management. Our principals have successfully completed projects with a total value in excess of $1 billion. For more information, please visit www.archwayprop.com.
Chariot Logistics Center is a 3 building, 623,000 square foot industrial project in Melrose Park, IL. Buildings will range in size from 135,000 sf to 252,000 sf. The 42-acre site is just 7 miles from O’Hare International Airport and 13 miles from the City of Chicago. It has excellent access to I-290, I-294 and I-88. Scheduled for completion in the Fourth Quarter of 2019, Chariot Logistics Center will offer 32′ clear height, modern building designs, ample parking and flexible sizing.
Telge 290 Logistics Center is a recently completed 207,365 square foot Class A industrial building located in Cypress, Texas. Features of the front load building consist of 32’ clear height, ESFR sprinkler system, 47 dock-high doors with 2 drive-in ramps, 56 trailer parks, 132 car parks, 2,000 amps of power, 180’ truck court and on-site detention. The property has excellent access to Highway 290 via Telge Road and is in close proximity to Beltway 8, the Grand Parkway and the energy corridor. Downtown Houston & George Bush Intercontinental Airport are approximately 24 miles away.
Located in Humble, Texas, Air 59 Logistics Center is a 685,400 square foot cross-dock logistics facility. The site has visibility and direct access to I-69 (US 59) at Will Clayton Parkway. Building specifications include 40’ clear height, 60’ x 55’ column spacing, 65’ staging bays, 4 drive-in ramps, 242 trailer parking spaces, 332 auto parking spaces, ESFR sprinklers, 180’ truck court depth and office-to-suit. The property is two miles from the Houston International Airport. It also offers proximity to the Fed Ex Ground facility (7 miles), Port of Houston (25 miles), Houston Hobby Airport (27 miles) and Bayport Terminal (40 miles).
Ridgeline Property Group completed a second building consisting of 121,500 square feet for Interoll in Hiram, Georgia. Interoll purchased the 100-acre, County owned business park in 2019 to control and manage future development within the park. Building #2 serves as the support production facility for the main manufacturing plant in Wilmington, North Carolina. Equipment lines and processes from Wilmington will be positioned within this new facility. The building has a 3.5-ton bridge crane and is expandable to 150,000 square feet.
Jonestown, PA., May 12, 2016 – Responding to continuing Class A bulk warehouse space demand in the healthy Central Pennsylvania industrial market, Ridgeline Property Group (RPG) has broken ground on a 398,250-square-foot industrial speculative building in Jonestown, Pa. American Realty Advisors and RPG have created a joint venture to develop Crossroads Logistics Center, which will be built on a 35-acre site providing immediate access to Interstate 81.
Crossroads Logistics Center is anticipated to be completed in December 2016. Jake Terkanian, Joe McDermott and Vince Ranalli of CBRE’s Philadelphia office have been selected to market the property for lease.
“With strong absorption rates combined with limited competitive supply, this market is primed for the modern, efficient, cross-docked Class A distribution space that Crossroads Logistics Center will provide,” said Chris Ciliberti, Partner of Ridgeline Property Group’s northeast operations.
Greg Thurman, RPG’s CEO added, “This is RPG’s second project in Pennsylvania, and we are excited to continue to expand the RPG platform nationally, and particularly in the Central Pennsylvania market.”
Crossroads Logistics Center’s strategic location at the confluence of I-81 and I-78 provides excellent access throughout the Northeast region. Located approximately 20 miles northeast of Harrisburg, the large and well-trained workforce within a 30-minute commute creates a strong incentive for companies to operate in this location. The overall vacancy rate for Class A product in Central Pennsylvania is just above 4 percent, placing supply at shortage levels, and absorption has remained strong.
“We’re pleased to partner with a best-in-class developer, Ridgeline Property Group, on this Class A industrial building in this crucial distribution market. RPG has a successful track record developing bulk distribution space across the country, and we look forward to partnering with them on Crossroads Logistics Center to provide the Central Pennsylvania market with much-needed Class A distribution space,” said Martha Shelley, Senior Portfolio Manager at American Realty Advisors.
Located on MSC Drive in Jonestown, Pa., Crossroads Logistics Center is just over three quarters of a mile from I-81, and just over two miles from the I-81/I-78 Interchange, two major north-south and east-west routes, respectively, that connect the project to Philadelphia, Washington, D.C., Baltimore, New York and other important industrial markets. In addition, the location offers distributors and manufacturers convenient access to three major intermodal rail stations, as well as FedEx and UPS distribution hubs. “The investment in a new ground up, Class A, distribution facility in this critical Central Pennsylvania location is a strategic investment for American and is anticipated to provide favorable risk-adjusted returns to our investors,” added Shelley.
The 398,250-square-foot distribution facility is expandable to 450,000 square feet, and will feature 36-foot clear heights, 85 dock doors in a cross-docked configuration, four drive-in doors, highly efficient 55-foot by 56-foot column spacing, early suppression fast response (ESFR) fire sprinklers and high-capacity parking, including 206 auto spaces and 116 trailer storage stalls. Additional parking and trailer storage stalls can be made available. The project has received the LERTA (Local Economic Revitalization Tax Assistance) Tax Abatement at the township level, with County and School District approval expected in mid-May 2016.
About Ridgeline Property Group
Ridgeline Property Group is a commercial real estate development and investment company operating throughout the United States. Headquartered in Atlanta, the firm has a particular focus on the acquisition, development and management of high-quality industrial and office properties in strategic markets. RPG’s regional partners have more than 125 years of combined experience in the commercial real estate industry and have developed in excess of 115 million square feet of space in more than 30 states. For additional information, please contact www.ridgelinepg.com.
About American Realty Advisors
With over $7.3 billion in assets under management, American Realty Advisors is a leading provider of commercial real estate investment management services. For over 27 years, American has managed capital for institutional investors utilizing core and value-added commingled funds and separate accounts. American acquires assets directly or provides equity, preferred equity, mezzanine debt, debt, and hybrid debt to primary investors and developers operating throughout the United States for office, industrial, multi-family, and retail properties. More information regarding American can be found at www.americanreal.com.
RPG teaming with capital partner Cabot Properties to develop Class A facility at prime location near I-55 Interchange north of Joliet
Crest Hill, Ill., December 15, 2015 – Ridgeline Property Group (RPG) announced today that it will develop a 438,150-square-foot, Class A distribution center in Crest Hill, Ill., with capital partner Cabot Properties Inc. The project will be built on a 29-acre site that is located within the vibrant I-55 submarket. RPG and Cabot Properties acquired the site in the Crest Hill Industrial Park in September.
Site work is under way and pre-cast concrete/steel work will begin in January 2016, with completion slated for August 2016. David Bercu and Jim Estus, both Principals at Colliers International, will market the property for lease.
“Demand in the market remains strong but there is a limited supply of space in the submarket,” said Pete Harmon, Partner at RPG. “Strategically located on one of the last remaining sites along I-55, this project will provide a solution for today’s users in a proven submarket, appealing to demand from both the I-55 and I-80 submarkets.”
Located at 16824 Enterprise Blvd., the site is less than two miles from the I-55 interchange at Route 30 and 9.25 miles from I-80. The site also offers proximity to the BNSF intermodal facility in Elwood. Existing tenants at Crest Hill Industrial Park include Rich Products Corp., Old Dominion Freight Line, Dayton Freight Lines and Aaron Thomas Company.
“This project marks our third partnership with RPG in the country this year and the initial one in the Chicagoland area. We look forward to offering the Crest Hill distribution center to meet ongoing strong demand for high-quality space in this market,” said Patrick Ryan, Executive Vice President of Cabot Properties.
Added Greg Thurman, CEO of Ridgeline Property Group: “We’re excited to continue our relationship with Cabot Properties on this project to bring much-needed Class A industrial space at this strategically located site. Cabot Properties is an excellent partner with an outstanding track record of developing successful projects in leading industrial markets across North America.”
The cross-dock facility will feature 32-foot clear heights, four drive-in overhead doors, 36 exterior docks (expandable to 76), 319 car parking spaces, 163 trailer parking spaces, and Early Suppression Fast Response (ESFR) sprinklers. The building provides a functional layout which can accommodate a number of tenant layouts.
RPG also is partnering with Cabot Properties on Susquehanna Logistics Center, a 423,300-square-foot distribution facility in York, Pa., and Hanover Business Center, a 100,000-square-foot distribution facility in metro Baltimore.
About Ridgeline Property Group
Ridgeline Property Group is a commercial real estate development and investment company operating throughout the United States. Headquartered in Atlanta, the firm has a particular focus on the acquisition, development and management of high-quality industrial and office properties in strategic markets. RPG’s regional partners have more than 125 years of combined experience in the commercial real estate industry and have developed in excess of 115 million square feet of space in more than 30 states.
About Cabot Properties
Cabot Properties is a private equity real estate investment firm. The firm is a leading investor, developer and operator of industrial properties throughout North America and the United Kingdom. Formed in 1986, Cabot has invested $6.2 billion in industrial real estate, managing and operating approximately 3,000 tenants in more than 140 million square feet.
