Kier Property’s Post

Stout Development is pleased to announce the planned expansion of their current speculative building at Eagle Rock Industrial Park. The expansion project aims to add an additional 50,000 square feet of speculative space, with the potential to further extend a standalone build-to-suit building of up to 175,000 square feet on the adjacent lot (8.7-acre site). Currently, a portion of the 20,000 square feet of the existing 50,000 SF building is occupied by Aldridge Electric, leaving approximately 80,000 square feet available for manufacturing and/or warehousing purposes. The expansion is expected to cost more than $4 million and is anticipated to be completed within ten months. Originally part of Eagle Rock Industrial Park, the site was developed with an initial 50,000 square feet of speculative space by Development Solutions LLC and constructed by Clouse Construction of New Riegel. The new expansion is expected to enhance Tiffin's competitiveness in attracting new manufacturing and warehousing to the area. Rob Guarnaccio, President of Stout Development, expressed his enthusiasm for the expansion, stating, "We are excited about the growth opportunities this expansion brings to the Eagle Rock Industrial Park. This additional space will allow us to cater to the needs of potential manufacturing and warehousing needs, contributing to the economic development of Tiffin. We currently have control of the adjacent lot #2, approximately 8.7 acres, for a future build to suit facility.” Tiffin Mayor Lee Wilkinson also commented on the expansion, saying, "This expansion could be a pivotal endeavor aimed at attracting new manufacturing ventures and bolstering the economic vitality of Tiffin, and it underscores the commitment we have to planning for growth and prosperity." Previous spec building projects have been highly successful in Tiffin, bringing businesses such as TH Plastics, MBDS, Quick Tab II, and Sonoco Products to the community’s two industrial parks. Stout Development Services continues to work with the Tiffin-Seneca Economic Partnership on additional projects in the greater Tiffin area which will be key to fostering additional manufacturing and warehousing growth in the region. About Stout Development: Stout Development Services, Inc was founded in 1995 and has sold, acquired, developed, and leased over 2,500 acres of land, over 50 million square feet of office, industrial, and rail development throughout the Midwest. Stout Development Services will create real value and innovative solutions for complex real estate issues. Their philosophy is to be practical and aggressive with value added expertise which has been refined on each and every past project, throughout their 29-year history.

New Industrial Development in Shongweni, Hillcrest, KZN - Westown Precinct Property Overview: Development Name: Westown Precinct Location: Shongweni, Hillcrest, KZN Warehouse Sizes Available: - Warehouse A: 9,489 sqm - Warehouse B: 14,770 sqm - Warehouse C: 10,411 sqm - Warehouse D: 8,482 sqm Features: Energy Efficient: Designed to offer increased energy and water efficiencies, lowering operating costs. 24-Hour Security: The development includes 24-hour security and access control, ensuring a secure environment. Prime Location: Situated just 1km from the N3 Highway, next to Westown Square and a mixed-use precinct, providing excellent connectivity and convenience. Public Transport Access: Conveniently located near public transport hubs. High Eaves Height: Minimum eaves height of 14m, ideal for various industrial applications. Fire Safety: Equipped with ASIB 12th Edition fire sprinklers for advanced fire protection. Roller Shutter Doors: A combination of on-grade and docking height roller shutter doors for versatile loading and unloading options. Optimal Office to Warehouse Ratio: Ensuring efficient use of space for both administrative and operational needs. Ideal For: - Storage - Logistics Total Development Scope: Mixed-Use Precinct: Westown is a new destination, a mixed-use precinct offering lifestyle, retail, business, and recreational activities within a managed, urban environment. Westown Precinct is over 100ha in extent, Development Rights: Secured and approved development rights of approximately 520,000m2 of bulk floor area for the precinct. Location Highlights: Distance to Durban Port: Approximately 40 km Distance to King Shaka International Airport: Approximately 50 km Ease of Access: Convenient access to the N3, providing a direct route between Johannesburg and Durban. Highlights: Exciting Potential: Westown Precinct offers ultra-modern, high-spec industrial units in the heart of the well-established Outer West node. Strategic Location: With its proximity to major transport routes and public transport, the development is well-positioned for businesses seeking excellent connectivity. Modern Infrastructure: The development features state-of-the-art facilities designed to cater to a variety of industrial requirements. Westown Precinct is a new industrial development offering exciting potential for businesses looking to establish or expand their operations in a prime location along the N3. Contact us today for more information or to arrange a viewing. We are a team of experienced, professional property practitioners focused within the Commercial and Industrial property sector of South Africa. We aim to create value for parties involved in any transaction. Our firm was founded on a culture of information-sharing, where the client's needs always come first. David Asbury - 071 515 5750 #property #industrial #shongweni

The New Kid in Town: The West Ontario Distribution Center I recently attended the open house for this newly completed Class-A logistics facility in South Ontario and was quiet impressed. Here’s why this facility is a game-changer: 1. Strategic Location: Situated in the heart of South Ontario, it's proximity to SR-60, I-10, and I-15 freeways will streamline logistics and efficient connectivity to key markets. 2. Spacious and Modern Design: The property spans ±174,494 square feet, featuring a generous ±4,375 square feet of two-story office space. This modern design ensures ample room for both operational and administrative needs. 3. Advanced Warehouse Features: -36’ Minimum Clearance Height: This impressive vertical space allows for optimal storage solutions and efficient warehouse operations. -23 Dock High Doors and 1 Ground Level Door: Versatile loading and unloading options to streamline logistics. -12 Mechanical Dock Levelers: Each rated at 35,000 lbs., accommodating heavy-duty shipments with ease. -ESFR Sprinkler System: Advanced fire protection system for enhanced safety. -7-Inch Slab Thickness: Provides a robust foundation capable of supporting substantial loads and can help reduce noise levels, provide more insulation and increase the overall strength of the building. -Concrete Paving used Throughout: Durable flooring that minimizes maintenance and maximizes functionality. 4. Exceptional Amenities: *56' x 60' Column Spacing: Offers flexibility for racking and maneuvering within the warehouse. *100 Auto Parking Spaces and 19 Trailer Parking Stalls: Ensures ample parking for employees and transportation vehicles. *165' Secured Truck Court: Provides a secure area for truck storage and operations. *2,000 Amps of Power (277/480 Volts): Guarantees reliable power supply for all your operational needs. *2.5% Skylights and 20 FC General Warehouse Lighting: Combines natural and artificial lighting for an optimal working environment. 5. Commitment to Sustainability: The facility is pending LEED certification, highlighting its energy efficiency and environmental responsibility. This commitment to sustainability not only benefits the environment but can also enhance your company’s corporate responsibility profile. This beautiful property is ready for immediate occupancy for a lessee or buyer!

"Panattoni Poland is to build a new industrial park in the Mazovia region. The development of Panattoni Park Sochaczew with an area of almost 28,000m² will commence in the first quarter of 2025 with the first tenant – Pilkington Automotive Poland – to move in by November of the same year.   Panattoni Park Sochaczew is to be constructed in the western part of Mazovia next to the DK50 national road with ready access to the DK92, as well as the A2 (12km) and the A1 motorways (50km). Located 55km from Warsaw and 75 km from Lodz, the centre will provide excellent opportunities for the development of logistics both nationally and internationally.   “Sochaczew stands out as a pivotal logistics location in Mazovia, providing excellent connections to the extensive Warsaw market and other regions across Poland. Here, we will create modern facilities that support the growth of our clients’ businesses and meet the highest standards of sustainable construction,” said Michał Samborski the Head of Development at Panattoni.   The first tenant to take up space in the new park will be Pilkington Automotive Poland, a global leader in the manufacture of automotive glass. By relocating its existing warehouse in Sochaczew to a larger and more modern facility, the company will improve its logistics capabilities and provide better storage for its goods. Around 100 people are to be employed in the new centre.   “We are impressed by the professionalism of the Panattoni team, their organisational efficiency throughout the negotiations and their ability to reschedule a project to meet the need of our business to relocate the distribution centre that services the logistics for Poland, Central and Eastern Europe as well as exports to Africa,” stated Janusz Kobus, V-ce President of Pilkington Automotive Poland Sp. z o.o.    Panattoni Park Sochaczew is another park by Panattoni that responds to the needs of tenants from diverse industries. The centre will be designed for flexibility so that the space can be adjusted to individual requirements. The high-quality warehouse space and office facilities will provide tenants with excellent conditions for their businesses to grow.   The development is to be certified under BREEAM for a rating of Excellent. The industrial park will come equipped with numerous energy-saving solutions including LED lighting, skylights for natural interior lighting, a modern fire safety system, technology to minimise water consumption and a large manoeuvring area with parking for both cars and trucks."

Interest.co.nz latest Commercial Building Consent Analysis Table shows some interesting movements for commercial building project consents in Q3, although there are significant differences by building type. For Auckland specifically: New office space: Only 11 consents were lodged in Auckland for new office space in Q3 this year, the lowest number since Q3 2022. However the value and size of these consents were the highest since Q2 2022 and Q2 2023 respectively. $221mill total value, 74,787m2 total area and 6799m2 average per consent. New retail premises: Retail consents seem to be holding steady with $33 million of building work consented, covering 5,833 sqm of new space with an average size of 530 sqm per consent. Overall numbers are lower than last quarter, with the average size the lowest since Q3 2022. New warehouse/storage: The number of consents has increased since the record low last quarter. However the total area of the consents is more than halved at 14,476m2, average size is 762m2 which is the lowest since Q1 2023. New factory & Industrial: Seems to be bucking the trend with the overall strongest quarter since Q3 2023. With 13No. consents, $149mill overall value, 41,660m2 overall area and 3205m2 average per consent. https://lnkd.in/gzv2eV_B

"Panattoni Poland has launched construction work on Panattoni Park Poznan XIV in Głuchow, a new logistics hub in the Wielkopolska region.Gasa Group and Markat Plus are confirmed as the park's first tenants, with construction set for completion in February 2025   Panattoni Park Poznan XIV will feature two modern industrial and logistics buildings with a total planned area of 63,000m². Work has begun on the first building, covering 14,000m². Within this space, international trading company Gasa Group will occupy 6,300m² of warehouse space and 1,100m² of offices as the first tenant. Specializing in a B2B platform for plant distribution, the company plans to begin operations in the facility by the second half of February 2025.   “Gasa Group decided to integrate and streamline its logistics and office operations in a larger area, all under one roof. We are glad that the company has decided on our latest development in Wielkopolska,” said Katarzyna Kujawiak, the Development Director at Panattoni.   The second tenant - Markat Plus, a supplier of wood-based materials - will lease 3,000m² in the park. The company aims to begin operations in its new location by July 2025.   “For both tenants, the park’s location is a huge asset since it is at a strategic point where the A2 motorway meets the S11 an S5 expressways,” added Katarzyna Kujawiak.    Panattoni Park Poznań XIV is located just 1.5km from the A2 motorway and the S11 expressway junction, 12km from Poznań Airport, and 160km from the German border, ensuring excellent access to international markets. dditionally, its proximity to Poznan city centre, just 14km away, allows workers to commute using public transport. The Głuchow site also benefits from minimal traffic congestion, enhancing the park's operational efficiency and convenience.   The entire park is to be certified under BREEAM for a rating of Excellent. Modern ecological solutions are to be applied to ensure water and energy savings as well as a high level of work comfort for the park’s users. For the wellbeing of future workers, Panattoni will provide greater access to natural light and has taken many factors into account in the design, including the acoustic and thermal comfort of the office space as well as the air quality. Electric vehicle charging stations will be located on the grounds of the park while green zones will be placed in front of the buildings."

Regeneration specialist developer Cityheart has signed a development agreement with East Herts District Council to deliver a mixed-use town centre scheme in Bishop’s Stortford. The Old River Lane site development agreement paves the way to draw up a detailed masterplan for the 4-acre site. Expected to cost over £70m to build the development will include scheme will include 145 new homes, alongside nearly 40,000 sq ft of retail and office space. A new internal road, accessed from Link Road to the west of the site will provide a new access point into the existing Waitrose car park. The intention is to alleviate traffic flow on Old River Lane and provide access for residents of the new development. Cityheart will be working with Kier Construction, architect Howells and M&E consultant Ridge to bring forward plans. Andrew Sanderson, development director at Cityheart, said: “Our multi-faceted redevelopment of the Old River Lane site will breathe new life into the centre of Bishop’s Stortford. “Working together with our development partners, East Herts District Council, we are collaborating with a highly experienced project team to make the most of this key site. “We look forward to finalising our masterplan and getting spades in the ground.” East Herts District Council will be funding an extensive new public realm south of the site to anchor the overall scheme. The public realm works would be undertaken by Cityheart on behalf of East Herts District Council and delivered at the same time as the rest of the development works to minimise disruption.  

Sharing a timely and thoughtfully written article by Charlotte Banks of Construction News who rightly highlights the direction of travel in London towards sustainable refurbishment over new build. There was a time when this meant developers and investors could get away with light-touch refurbs, but that time has passed as evidenced by the many 'average', commodity office buildings that are suffering in the B-grade market. At Seaforth we invest an extraordinary amount of time researching the market to design resiliency into our investment theses. That research has kept us on the sidelines for new investment for the past 4 years. A costly decision, but far less costly than the losses we would have experienced through this correction. Today, we are actively underwriting value-add opportunities - capitalizing on what we have learned from our over 600,000sf of refurbishments in Central London. Our past two developments - the multi-award winning 8 Bleeding Heart Yard, and our soon to launch Space House London are two very different developments, but with a common approach to research-led developing for the future of customer demand - Experiential, Sustainable, Authentic, and to the highest standard. DM me if you're interested in understanding why we're back in the market. https://lnkd.in/e_CaYiiD

Network Space Developments secures planning for four new industrial units on former Manchester College site Network Space Developments (NSD) has secured planning permission for four new industrial units at its site on Welcomb Street, Openshaw, in Manchester. Bought by NSD in 2022, the former Manchester College site covers 4 acres and will be redeveloped to form an extension to the adjacent City Works Business Park. Approved by Manchester City Council, the full planning application allows for the demolition of several buildings that had been previously used as workshops by the Manchester School of Building. These will make way for 75,173 sq ft of multi-let industrial accommodation for B2 and B8 uses. The scheme, designed by AEW Architects, is accessed from Ashton Old Road (A635) and will comprise of four highly sustainable commercial units with first floor ancillary office space, ranging from 7,674 sq ft to 29,439 sq ft. Externally, there will be generous service yards, 98 car parking spaces with 20 EV charging points. The site is just 4km from both the city centre and the M60 which, in turn, provides transport links to the M67, M56 and M62, allowing connectivity with key regional hubs Liverpool, Warrington, Leeds and Sheffield. The scheme’s sustainability credentials are strengthened with various bus routes close by and Ashbury train station just 1km away. Joe Burnett, Development Director for NSD, commented: “We’re thrilled to have secured planning permission for this project, which marks the final phase of development at City Works Business Park. https://lnkd.in/eWRfn-Uh

Suffolk County, nestled on Long Island, New York, is seeing a remarkable transformation in its commercial construction landscape. The region's real estate market is thriving. Community development projects are booming, and the construction industry is changing fast. The future of commercial space is becoming innovative and exciting. Suffolk County is growing with more retail space and mixed-use developments. This area is becoming a busy hub. The trends here can greatly impact economic growth. This post will explore the key trends that are currently shaping the commercial construction scene in Suffolk County, New York. We will look at the growth of industrial and office spaces. We will also discuss the importance of transit-oriented developments. Finally, we will explore efforts to lower the carbon footprint in new projects. We will discuss the increasing demand for commercial space. We will also look at changes in supply chain dynamics. Finally, we will discuss the creation of new construction jobs. Read more: