{"id":1004737091,"date":"2024-11-13T06:18:59","date_gmt":"2024-11-13T14:18:59","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004737091"},"modified":"2024-11-13T07:49:46","modified_gmt":"2024-11-13T15:49:46","slug":"clarion-partners-jv-wraps-los-angeles-industrial-project","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/clarion-partners-jv-wraps-los-angeles-industrial-project\/","title":{"rendered":"Clarion Partners JV Wraps Los Angeles Industrial Project"},"content":{"rendered":"
\n
\"Aerial<\/a>
Aerial view of Union Commerce Center in central Los Angeles. Image courtesy of Cushman & Wakefield<\/em><\/figcaption><\/figure><\/div>\n\n\n

Real Estate Development Associates and Clarion Partners have completed construction on Union Commerce Center, a Class A distribution facility in central Los Angeles.<\/p>\n\n\n\n

Located at 3690 E. Union Pacific Ave., the property covers 11 acres and has direct access to key logistical freeways, including Interstate 5 and Interstate 710. Union Commerce Center is convenient to the Ports of Los Angeles and Long Beach, and Union Pacific Railroad. It is also 100 miles or less from all Southern California points.<\/p>\n\n\n\n

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READ ALSO<\/strong>: Industrial Demand Slips, But Avoids a Slump<\/a><\/p>\n\n\n\n

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Cushman & Wakefield\u2019s John Minervini, Erik Larson, Chris Tolles, and Paul Sims with Cushman & Wakefield are leading the facility\u2019s leasing efforts.<\/p>\n\n\n

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\"Union<\/a>
Union Commerce Center features hand-painted mural wrapped around the water tower. Image courtesy of Cushman & Wakefield<\/em><\/figcaption><\/figure><\/div>\n\n\n

The development comprises a single 253,318-square-foot industrial building with a 36-foot clear height, 35 dock-high doors (with levelers on all docks), a pair of oversized grade-level doors, 41 trailer stalls, an ESFR K-25 sprinkler system, skylights, wide column spacing and ample expandable power. Rail access loading is possible at the location.<\/p>\n\n\n\n

Cushman & Wakefield also represented Archer Daniels Midland Co. when the site was sold to REDA in late 2020. Quaker Oats was the previous site owner.<\/p>\n\n\n\n

Tribute murals stand out<\/h2>\n\n\n\n

The Union Commerce Center also includes a recently finished, hand-painted mural. It wraps around a 500,000-gallon, 35-foot tall, 170-foot round water tower, honoring Los Angeles\u2019 cityscape and heritage. The mural also serves the property\u2019s fire sprinkler system.<\/p>\n\n\n\n

Local artist Downtown Daniel (Daniel Antelo) produced the mural. Antelo\u2019s artwork has been featured on walls and canvases nationwide. He has also worked for Nike, Kobe Bryant\u2019s family, Marathon Clothing, the LA Rams, Clippers and Dodgers, among other projects.<\/p>\n\n\n\n

Including tribute murals in commercial real estate projects is trending. For example, to honor her son, Akesh Yelavarthy, who died from Covid in 2020 at age 30, GI Stone President Sandya Dandamudi commissioned Cinque Smith and Gabriel Moskolis of Lymelite Studio to create a vibrant mural on the side of the leading stone supplier\/fabricator\u2019s new building, which is located next door to its longtime headquarters in a largely industrial area near downtown Chicago.<\/p>\n\n\n

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\"To<\/a>
To honor her son, Akesh Yelavarthy, GI Stone President Sandya Dandamudi commissioned Cinque Smith and Gabriel Moskolis of Lymelite Studio to create a vibrant mural on a building next to its headquarters in Chicago. Image courtesy of GI Stone<\/em><\/figcaption><\/figure><\/div>\n\n\n

Completed in October, the graphic mural depicting Yelavarthy with his beloved pooch, Chance, enlivens the building, which the firm acquired last year, with plans to redevelop it as an innovative showroom and event space slated to open in late 2025.<\/p>\n\n\n\n

\u201cAkesh loved urban art, so this mural reflecting his joy of life and love for his friends is a fitting tribute,\u201d Dandamudi told Commercial Property Executive<\/em>.<\/p>\n\n\n\n

A wall-to-wall, floor-to-ceiling abstract mural<\/a> pulls all the colors together at Oklahoma City\u2019s BancFirst Tower.<\/p>\n","protected":false},"excerpt":{"rendered":"

One of the project\u2019s standout features is a mural honoring Los Angeles\u2019 cityscape and heritage.<\/p>\n","protected":false},"author":3568,"featured_media":1004737121,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21782,21748,1594,21742,15],"tags":[32790,32799],"class_list":["post-1004737091","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-development","category-industrial","category-los-angeles","category-latest","category-west","tag-clarion-partners","tag-cushman-wakefield"],"acf":[],"yoast_head":"\nClarion Partners JV Wraps Los Angeles Industrial Project - Commercial Property Executive<\/title>\n<meta name=\"description\" content=\"Real Estate Development Associates and Clarion Partners have completed construction on Union Commerce Center in Los Angeles.\" \/>\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\/clarion-partners-jv-wraps-los-angeles-industrial-project\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Clarion Partners JV Wraps Los Angeles Industrial Project\" \/>\n<meta property=\"og:description\" content=\"Real Estate Development Associates and Clarion Partners have completed construction on Union Commerce Center in Los Angeles.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/clarion-partners-jv-wraps-los-angeles-industrial-project\/\" \/>\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=\"2024-11-13T14:18:59+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-11-13T15:49:46+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/11\/UCC-Project-Aerial.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"799\" \/>\n\t<meta property=\"og:image:height\" content=\"610\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Richard Berger\" \/>\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\/clarion-partners-jv-wraps-los-angeles-industrial-project\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/clarion-partners-jv-wraps-los-angeles-industrial-project\/\",\"name\":\"Clarion Partners JV Wraps Los Angeles Industrial Project - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/clarion-partners-jv-wraps-los-angeles-industrial-project\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/clarion-partners-jv-wraps-los-angeles-industrial-project\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/11\/UCC-Project-Aerial.jpg\",\"datePublished\":\"2024-11-13T14:18:59+00:00\",\"dateModified\":\"2024-11-13T15:49:46+00:00\",\"author\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/6d4c5f1b2f682b3604ad9fe73c19fed7\"},\"description\":\"Real Estate Development Associates and Clarion Partners have completed construction on Union Commerce Center in Los Angeles.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/clarion-partners-jv-wraps-los-angeles-industrial-project\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.commercialsearch.com\/news\/clarion-partners-jv-wraps-los-angeles-industrial-project\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/clarion-partners-jv-wraps-los-angeles-industrial-project\/#primaryimage\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/11\/UCC-Project-Aerial.jpg\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/11\/UCC-Project-Aerial.jpg\",\"width\":799,\"height\":610,\"caption\":\"Aerial view of Union Commerce Center in central Los Angeles. 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