{"id":1004677570,"date":"2023-08-25T03:50:58","date_gmt":"2023-08-25T11:50:58","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004677570"},"modified":"2023-08-25T05:20:49","modified_gmt":"2023-08-25T13:20:49","slug":"caprock-starts-2-7-msf-central-valley-industrial-campus","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/caprock-starts-2-7-msf-central-valley-industrial-campus\/","title":{"rendered":"CapRock Starts 2.7 MSF California Campus"},"content":{"rendered":"
\"CapRock<\/a>

CapRock Central Point III is part of Central Point, a 5 million-square-foot master-planned development. Image courtesy of CapRock Partners<\/em><\/p><\/div>\n

CapRock Partners<\/strong> has started construction on the 1.3 million-square-foot Building 1 at CapRock Central Point III, a four-building, 2.7 million-square-foot speculative campus in Visalia, Calif.<\/p>\n

Delivery of Building 1 is expected in the third quarter of 2024. The designs for Buildings 2, 3 and 4 are already completed and approved.<\/p>\n

Carrying the address 4001 N. Plaza Drive, CapRock Central Point III marks CapRock’s third development within Central Point, a 5 million-square-foot, master-planned industrial campus that is already the home of several Fortune 100 companies. CapRock Central Point I and II came online as build-to-suit facilities in 2021.<\/p>\n

\n

READ ALSO<\/strong>: Why CapRock Maintains Cautiously Optimistic Outlook for Industrial Development<\/a><\/p>\n

\n

Designed to achieve LEED Silver certification, the project\u2019s Building 1 will be a cross-dock warehouse that will feature 40-foot clear heights, two grade-level doors, 274 dock-high doors, ESFR sprinkler systems, a truck court with a 185-foot depth, 542 trailer parking spots and 890 vehicle parking spots, as well as a 6,000-square-foot office component.<\/p>\n

The development is taking shape on 75 acres at the southwestern corner of Avenue 320 and North Plaza Drive, close to a UPS distribution center and an Amazon warehouse, within 43 miles of Fresno Yosemite International Airport. JLL<\/strong> Executive Managing Director Mac Hewett, Senior Managing Director Mike Fowler and Managing Director Mike McCrary have been tapped as exclusive leasing agents for the project.<\/p>\n

CapRock’s active pipeline<\/h2>\n

CapRock is active in the Western U.S. and has multiple industrial project in various stages of construction in the Inland Empire market. In June, the developer announced plans for a 500,000-square-foot warehouse<\/a> that will rise within the master-planned World Logistics Center in Moreno Valley, Calif.<\/p>\n

The same month, the company completed Palomino Ranch Business Park’s Phase I and Saddle Ranch South in Norco, Calif. The properties total 1.1 million square feet<\/a> of delivered space.<\/p>\n","protected":false},"excerpt":{"rendered":"

This marks the developer’s third large-scale project within a 5 million-square-foot master-planned park.<\/p>\n","protected":false},"author":2991,"featured_media":1004677571,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21782,21748,21742,15],"tags":[35408,32796,32779],"class_list":["post-1004677570","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-development","category-industrial","category-latest","category-west","tag-caprock-partners","tag-jll","tag-leed"],"acf":[],"yoast_head":"\nCapRock Starts 2.7 MSF California Campus - Commercial Property Executive<\/title>\n<meta name=\"description\" content=\"CapRock Partners has broken ground on the first component of CapRock Central Point III, a four-building spec project in Visalia, Calif.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/caprock-starts-2-7-msf-central-valley-industrial-campus\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"CapRock Starts 2.7 MSF California Campus\" \/>\n<meta property=\"og:description\" content=\"CapRock Partners has broken ground on the first component of CapRock Central Point III, a four-building spec project in Visalia, Calif.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/caprock-starts-2-7-msf-central-valley-industrial-campus\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2023-08-25T11:50:58+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-08-25T13:20:49+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/08\/CapRock-Partners_Central-Point-Visalia-III-Bldg-1-e1692954855317.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1277\" \/>\n\t<meta property=\"og:image:height\" content=\"957\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Simona Tudose\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/caprock-starts-2-7-msf-central-valley-industrial-campus\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/caprock-starts-2-7-msf-central-valley-industrial-campus\/\",\"name\":\"CapRock Starts 2.7 MSF California Campus - 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