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Project CapRock Accelerates Progress on 1.3M-SF Spec Industrial Project

Project CapRock Accelerates Progress on 1.3M-SF Spec Industrial Project

CapRock Partners has announced the completion of Building 1 at CapRock Central Point III in Visalia. The building’s exterior structural shape has been formed with the tilting of its concrete panel walls, ahead of its original development timeline. This Class A speculative logistics and distribution facility spans over 1,270,750 square feet and is situated on approximately 75 acres within CapRock’s larger five-million-square-foot Central Point masterplan.

According to Bob O’Neill, Senior Vice President of Acquisitions at CapRock Partners, “Building 1’s concrete walls are now tilted and the roof structure started…signifying Visalia’s rising importance as a critical distribution and logistics hub in the West.” He also noted that this industrial complex is designed to cater to Fortune 100 corporations looking for a modern facility accessible to a large portion of the West Coast population. As such, it has garnered interest from leaders in logistics as well as food processing and manufacturing industries.

JLL brokers Mike Fowler, Mike McCrary,and Mac Hewett are leading leasing efforts for this project. With proper grammar,punctuation,and an active voice,this post highlights how Building I at Caprock Central Point III is making progress aheadof schedule towards becominga premier industrial destinationin California.The article mentions thatthe building’sconcretepanelwalls have been tiltedand constructionis moving faster than expected.BuildingI will be completed by summer2024.This ClassAlogisticsanddistributionfacilityencompassesover1270750squarefeetwithinCaprockCentralPointIIIwhichispartofthelargerfive-millionsquarefootCentralPointmasterplan.CaprockPartners’SVP,BobO’Neill,statedthatthisprojectwillattractFortune100corporationslookingforastate-of-the-artindustrialcomplexinawell-connectedlocation.JLLbrokersareleadingtheleasingeffortsofthishighlyanticipateddevelopment.WithoutmentioningConnectorConnectLA,theposthighlightstheprogressofCaprockCentralPointIIIanditsappealtoFortune100corporationsintheWestCoast.

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