PDF - Conor Commercial Real Estate

122940_TMC_8-Pg JAN 2014_r1_OCT 2008 TMC 8-pager 1/28/14 8:33 PM Page 2
January, 2014
Focus
On:
2014 Construction Outlook
The construction industry
appears to finally be on the
road to a slow, but steady
recovery. Many analysts now
believe that growth is much
more sustainable in 2014. In
fact, construction spending
rose 1% in November to a
seasonally adjusted annual
rate of $934.4 billion, the
U.S. Commerce Department
reported. That’s the highest
volume reported in more
than four years.
One of the economy’s inherent risks to confidence and
growth in 2014 was recently
subdued with the passage of
the federal budget and debt
ceiling. However, the future
impacts of increasing energy
and oil costs and the unknown
implications and costs of the
nation’s Affordable Care Act
have yet to be determined in
the coming year.
There is still cautious optimism to 2014’s construction
outlook and several positive
projections have been
advanced:
Common Ground
Common Goals
M
ost of the country is
We’ve recently announced
experiencing a notable
some exciting changes at
shift in weather patMcShane Construction. We welterns this year. The
come the leadership of
winter months have
Mat Dougherty, P.E.
roared in like a lion
who assumes the role
and there appears to
of Executive Vice Presibe a lengthy stretch
dent and Regional
of challenging
Manager for the Roseweather conditions
mont office and Midyet ahead. Managwest Region. Keith
ing the operations
Dafcik has also been
of our construction
appointed Senior Vice
companies during
President - Distributhese winter
tion, Food and Bevermonths requires
age, serving the firm
strategic leadership Jim McShane, CEO
on a national basis.
and seasoned exper- The McShane Companies Tony Cincinelli has
tise during the extremes of the
been promoted to Director of
current weather.
Business Development for the
Jeff Raday, President of
Rosemont office. Jim Robinson
McShane Construction, and
has also been promoted to ProWill Hodges, President of
ject Executive.
Cadence McShane ConstrucAt Cadence McShane, we’re
tion, both veterans of the
pleased to announce that the
commercial construction
Dallas headquarters office
industry, have assembled the
will soon be relocating to a more
leadership and direction
contemporary and modern office
within each of our seven
quarters. This follows the office
regional offices to continue
relocation of the Austin operathe execution of our constructions of Cadence McShane that
tion assignments – safely, yet
have grown considerably over
efficiently.
the past two years in order to
• AGC of America predicts that total $977 billion in 2014 compared
construction spending will rise from to $909.6 billion in 2013.
The American Institute of
6% to 10% per year from 2014 to 2017.
Architects reported a pro• McGraw Hill Construction forenounced increase in architecturcasts that total construction starts
al billings in 2013 forming a
could rise by 9% in 2014 reaching
solid indicator that construction
$555 billion.
growth is on the horizon. In
• FMI predicts a 7% growth in
construction put-in-place totaling CONTINUED ON BACK PAGE
McShane Construction Selected by The University of Chicago to Provide
Design/Build Services for its Build-to-Suit Facility Services Building
The University of Chicago selected McShane Construction to provide comprehensive design/build
services for the new 86,616 square foot Facility Services Building located at 5225 South Cottage Grove
Avenue in Chicago, Illinois. The build-to-suit will provide office and warehouse space to support the
University’s maintenance services and personnel. The new facility will feature a 24' clear height, drive-in
doors, one depressed dock, a full-building sprinkler system and employee accommodation areas including
locker rooms, conference rooms and a breakroom. Designed to meet LEED-Silver certification, the facility
will feature sustainable elements including a geothermal heating and cooling system, green roof, low VOC
finishes, permeable pavers and electric car charging stations within the building’s parking lot. Exterior finishes will compliment a contemporary design utilizing tinted precast panels accented with a light sandblasted treatment, a decorative metal canopy at the main entrance and specialty lighting sconces artfully
positioned around the perimeter. VOA Associates Incorporated was selected to provide the architectural
services for this build-to-suit facility. Photo Credit: David Parisi. ❏
staff a major assignment
currently under construction
in that growing market.
We welcome Jeff Stringer as
Vice President of Conor Commercial Real Estate’s Houston
office. A highly-respected industry veteran, Jeff is charged with
leading our development expansion in Houston, Austin and San
Antonio as well as throughout
the region and is seeking opportunities for land acquisition and
new build-to-suit developments.
It’s also a milestone year for
The McShane Companies as we
celebrate the firm’s 30th year
anniversary. When I formed
the company in 1984, I looked
ahead to many years of successful operation but the achievements that our team members
have made over the years have
exceeded my initial goals and
aspirations. I thank each member of the McShane organization, past and present, for their
dedication in making this company what it is today. I’m looking forward to continued opportunities to grow our business
and achieve our professional and
personal goals in the future. ❏
In This Issue:
2 McShane Construction
Company
4 Cadence McShane
Construction
6 McShane Development/
Conor Commercial
8 Feature Department –
Projects in Progress
Project Profile
Volume 17
Issue 1
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McShane Construction Company
www.mcshane-construction.com
info@mcshane.com
age space, a separate on-site
maintenance building and a
sophisticated freezer/cooler
component with a cascade
refrigeration system maintaining cooler storage at 34° F,
freezer storage at -10° F and
cooler dock staging at 34° F.
Upon final completion in May
2014, Golden State Foods will
relocate its operations from
Lemont, Illinois into this new,
modern Regional Headquarters. ❏
McShane Awarded
Senior Affordable
Housing Residence in
Atlanta, GA
2
McShane Construction, in
partnership with IBG Construction Services, LLC, was
selected by Integral Development to provide construction services for the Oasis at
Scholars Landing, a new 60unit affordable assisted housing residence for seniors. The
three- and four-story, 65,193
square foot complex will be
located on a 2.1-acre site at
134 John Hope Drive in
Atlanta, Georgia. The residence will feature 60 one-bedroom units and numerous
tenant amenities including
a fitness center, beauty
salon, commercial kitchen
and dining room, two activity rooms and a covered patio
for outdoor entertainment.
Exterior finishes will incorporate a classic design
scheme utilizing a combination of brick and fiber
cement panels. Sitework
will also be completed by
the project team including
landscaping, parking for 30
vehicles and public improvements to the portion of John
Hope Drive where the building will be situated. The
multi-family assignment has
received partial funding
through the Georgia Department of Community Affairs
Low Income Housing Tax
Credit program. The project
is being constructed to meet
EarthCraft Certification
through the incorporation of
several sustainable features
such as low VOC and Energy
Star appliances. Kitchen &
Associates is serving as the
architect for this affordable
senior assisted residence
slated for completion in First
Quarter 2015. ❏
Oasis at Scholars Landing, a new 60-unit, 65,193 square foot affordable
senior assisted living residence in Atlanta, Georgia, under development by
Integral Development, will be completed by McShane Construction, in
partnership with IBG Construction Services, LLC, in First Quarter 2015.
Despite the weather, McShane’s
construction team recently
poured several concrete components including floor slabs
Golden State Foods
and truck aprons that support
BTS Completion
52 external docks. Tenant
improvements for the twoSchedule is ‘Golden’
McShane’s fast-track construc- story, 34,000 square foot office
tion of the 152,670 square foot component are underway
including the two-story glass
Regional Headquarters for
Golden State Foods is progress- curtain wall that frames the
North façade entryway to the
ing on schedule despite the
facility. The contemporary
recent sub-zero temperatures
build-to-suit will also feature
and record-breaking snowfall.
135,120 square feet of wareThe LEED-Gold facility is
under construction at 8901 W. house/distribution space
designed in a cross-dock con47th Street in McCook, Illifiguration offering a 40' clear
nois, a well-positioned transportation corridor within the
height. The facility will include
near west suburbs of Chicago. 54,000 square feet of dry stor-
The 152,670 square foot, LEED-Gold build-to-suit Regional Headquarters
for Golden State Foods located in McCook, Illinois, is progressing on schedule for a May 2014 completion by the design/build team of McShane Construction and Ware Malcomb.
McShane Completes
51-Unit Residence for
IHDC in Oak Park, IL
On behalf of developer, Interfaith Housing Development
Corporation (IHDC), in
association with the Oak Park
Housing Authority, McShane
recently completed the renovation and new construction
assignment for the Grove
Apartments. The 51-unit
mixed-income residential
development is located at 442
South Grove Avenue in Oak
Park, Illinois. The building previously served as a two-story
office facility and was transformed by McShane utilizing
skillful renovation and new
construction into a four-story,
mixed-use residential complex.
The development was also constructed to meet LEED certification through the incorporation
of numerous sustainable features including a geothermal
HVAC system, Energy Star
appliances and low-E windows.
The reconfigured residential
building provides 51 one-bedroom apartments, with 12
handicapped accessible units.
A 5,230 square foot retail component and large community
center comprise the ground
floor space. As part of the
assignment, McShane restored
the building’s original Albert
Kahn design with an extensive
brick and precast façade
122940_TMC_8-Pg JAN 2014_r1_OCT 2008 TMC 8-pager 1/28/14 8:33 PM Page 4
McShane Construction Company
9550 W. Higgins Road, Suite 200
Rosemont, IL 60018
847.292.4300
847.292.4310 fax
McShane Construction Company
3131 E. Camelback Road, Suite 115
Phoenix, AZ 85016
602.508.6166
602.508.6167 fax
McShane Construction Company
1943 S. College Street, Suite A
Auburn, AL 36832
334.887.8181
334.887.8087 fax
makeover that replaced the former stucco exterior. McShane
also completed the development’s on-site parking together
with the additional construction of a 23-space parking lot
across the street from the property. Weese Langley Weese provided the architectural services
for the project. ❏
McShane Construction
Completes 150-Unit
Eden Supportive Living
Eden Supportive Living is a
new 150-unit supportive living
development that was recently
completed by McShane Construction for owner/operator
Mitch Hamblet, President and
Founder of Eden Supportive Living. The project incorporated
both extensive renovations and
new construction and was developed to provide residences for
individuals with physical disabilities between the ages of 22 to
64 years who can live independently yet benefit from support
services and resources. Located
at 222 North State Street in
Champaign, Illinois, McShane
constructed three new floors
atop an existing five-story com-
The new construction and renovation assignment for the 150-unit Eden Supportive Living development located in Champaign, Illinois, was recently completed by McShane Construction for owner/operator Mitch Hamblet, President
and Founder of Eden Supportive Living.
mercial building and completed a new 40,000 square foot,
eight-story component that
joined to the original building
located at the north end of the
property. The completed
117,000 square foot residence
incorporates 150 units in studio and one-bedroom configurations with specialized amenity spaces. Residents can enjoy
lounges, a waterfall cascade
and a reflection pond near the
main entrance, full-service
kitchen and dining room for
daily meals, library, theatre,
cyber café, activity center, laundry facilities and a medical
suite where 24-hour emergency
support and wellness programs
are offered. Architectural services for the new construction
and renovation assignment
were provided by Absolute
Architecture, PC. ❏
McShane Completes
High-Tech Assignment
in Indianapolis, IN
In certain circumstances, the
adage ‘out with the old and in
with the new’ does not fully
reflect the composition of a
construction assignment. In
the case of a renovation and
new construction project
recently completed by
McShane Construction in
Indianapolis, Indiana, ‘in with
McShane Construction Company
2040 Main Street, Suite 175
Irvine, CA 92614
949.222.1000
949.222.9001 fax
the old and in with the new’
better describes the project
assignment. The challenge
involved completing extensive
upgrades and portions of new
construction while maintaining the uninterrupted operations of the client, a global
telecommunications company. McShane’s past experience
in providing a hybrid of
upgrade and new construction
services to this valued client
and in working within the
client’s operating and occupied facilities, required
McShane’s project team to
incorporate skilled scheduling
and phasing of the work to
successfully achieve this goal.
McShane constructed a new
steel frame around the existing building, clad that structure with precast panels, and
also incorporated a new roof,
mechanical, electrical and fire
protection systems. Enhanced
seismic bracing, the addition
of a loading dock, mechanical
room and expanded parking
were also completed. McShane’s
project team assisted with the
building’s exacting commissioning standards to ensure
continual operation of this
strategic telecommunications
facility. Madden McMillan
Architects provided the
architectural services for this
assignment. ❏
McShane Awarded Phase II of The Lodge of Northbrook for
Essex Communities
Developer, Essex Communities, selected McShane Construction to complete the Phase II component of The Lodge of
Northbrook that will add 20 additional independent senior
residences to the existing 58-unit development (shown
above) in Northbrook, Illinois
After successfully completing the construction of the 58-unit Phase I at The Lodge of
Northbrook, McShane was selected by developer, Essex Communities, to complete the
second phase of construction at this luxury active senior living community. Located at
2220 Founders Drive in Northbrook, Illinois, the 37,880 square foot expansion will incorporate 20 additional fully-featured one- and two-bedroom units and two-bedroom with den
configurations complete with upscale finishes and fixtures. Constructed on the southwestern portion of the existing property, Phase II will offer direct access to the main
building and to the integrated underground parking garage completed by McShane in the
first phase of development. Phase II will feature a separate entrance, additional elevator,
beauty salon, resident storage units and a guest suite rentable for short-term stays by
family and friends of the residents. Phase II will seamlessly integrate into the existing
building utilizing the same masonry façade, window systems and color scheme. JSSH
Architects, Inc., architect of Phase I, will provide the architectural services for Phase II
of The Lodge of Northbrook. ❏
3
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Cadence McShane Construction
www.cadencemcshane.com
info@cadencemcshane.com
level dock doors and was
designed and constructed to
accommodate the installation of
a 20-ton crane. All three industrial facilities are equipped with
ample office space and are suitable for single- or multi-tenant
users. Powers Brown Architecture
provided the architectural services
for this multi-building industrial
construction assignment. ❏
Richardson ISD Selects
Cadence McShane for
13-School Assignment
Richardson Independent School
District (Richardson ISD) recently selected Cadence McShane to
serve as Construction Manager
at Risk for another portion of its
significant 2011 Bond Program.
Cadence McShane recently completed work for the ISD that
included renovations, improvements and additions at 13 educational facilities within the District. The new assignment
involves various upgrades,
renovations and expansions at
13 schools within the school
district, working in concert with
various notable architectural
firms. With Perkins + Will,
Cadence McShane will complete
renovations at Brentfield Elementary School and additions
and renovations at White Rock
and Richland Elementary
Schools. With architect, PBK,
renovations and upgrades to Big
Springs Elementary and an addition and improvements to Wallace Elementary School will be
completed. Cadence McShane
and Corgan Associates will work
together to complete auditorium renovations at Berkner and
J.J. Pearce High Schools, and
additions and renovations at
Forest Meadow Junior High and
Dover, Merriman Park and
Mohawk Elementary Schools.
With Reed, Wells, Benson &
Co., Cadence McShane will
provide MEP upgrades to
Richardson Heights, Northrich
and Dover Elementary Schools.
Architectural designs for this
assignment are complete
with construction already
underway on three of the
projects. The majority of
construction will occur in
Summer 2014 in advance of
the new school year. ❏
4
Cadence McShane has been awarded a multi-school construction assignment from Richardson Independent School District that includes upgrades,
renovations and expansions at 13 different schools. Previously completed
by Cadence McShane on behalf of Richardson ISD is the Richardson High
School, shown above.
Three-Building Industrial Development
Completed for The
Carson Companies
Cadence McShane recently
completed the construction of
a new three-building speculative industrial development in
Pasadena, Texas on behalf of
owner/developer, The Carson
Companies. The three facilities, totaling 365,462 square
feet, are located within the
Carson Commerce Center as
part of its new 20-acre industrial development at 3700
Highway 225. The assignment
included the construction of
various industrial facilities featuring a front load, a crossdock configuration and a
crane-served building to meet
the needs of a variety of users.
The front load facility, situated at the west end of the
development, features
118,500 square feet, 30' clear
height and 18 dock doors.
The 185,168 square foot crossdock building, positioned
directly east of the front load
facility, provides 30' clear
height and 30 truck docks. At
the eastern end of the property, the crane-served building
features 61,794 square feet,
28' clear height, six ground
On behalf of developer/owner, The Carson Companies, Cadence McShane
recently completed the construction of a new three-building speculative
industrial development totaling 365,462 square feet in Pasadena, Texas.
TEXO Confers Cadence
McShane Construction
With Safety Award
TEXO, the construction association representing commercial contractors in North and East Texas,
was formed from the consolidation
of the North/East Texas Chapter of
the Associated General Contractors
(QUOIN) and the Associated
Builders and Contractors North
Texas (ABCNT). The association
recently presented Cadence
McShane with its 2013 TEXO
Construction Safety Excellence
Award within its Building Division
in the category of 100,001 to
250,000 Man Hours worked in calendar 2013. Presented at its Annual Awards Ceremony in December
2013, Cadence McShane’s receipt
of this prestigious award stands in
recognition of its development
and implementation of an outstanding safety and loss prevention program achieved through its
management commitment, the
involvement of its employees and
program innovation. Cadence
McShane’s Safety Director, John
Schmidt, compiled the comprehensive submittal and also represented the firm in the final interview that determined the winner
within the category. Cadence
McShane continues to commit its
expertise, resources and dedication
to providing safe working conditions for its employees, tradesmen
and visitors on its construction
sites and to make safety a company-wide priority. ❏
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Cadence McShane Construction
14860 Montfort Drive, Suite 270
Dallas, TX 75254
972.239.2336
972.239.1214 fax
Cadence McShane Construction
7701 W. Little York Road, Suite 400
Houston, TX 77040
713.681.8500
713.681.9990 fax
Cadence McShane
Awarded Upgrades
at Two Schools for
Plano ISD
Plano Independent School District selected Cadence McShane
Construction to provide comprehensive renovation and new construction services at the District’s
Brinker and J.M. Daffron Elementary Schools. The construction
assignment underway at Brinker
includes 67,676 square feet of
renovations with 21,048 square
feet of new additions. Cadence
McShane recently began the third
phase of classroom renovations
that will add a new administration area in March and will
renovate the library, kitchen and
cafeteria this summer. At J.M.
Daffron, Cadence McShane is performing 67,676 square feet of
extensive renovations and adding
17,000 square feet of new space.
Construction of the new administration area and renovations of
two of the classroom wings are
complete,and the final portion of
classroom renovations has begun.
Renovations to the library, gym,
kitchen and cafeteria will commence in early June. Upon completion, both schools will feature
Cadence McShane continues its two-school renovation and new construction assignment for Plano Independent School District at the Brinker and
J.M. Daffron Elementary Schools that are scheduled for completion in
August 2014.
extensive classroom renovations, expansions and
updates, allowing greater
flexibility in configuration
and use while providing for
future technological upgrades. The buildings will
feature enhancements and
modernization of exteriors
and substantial upgrades to
libraries, kitchens, cafeterias
and gymnasiums. Cadence
McShane is scheduled to
complete construction at
both elementary schools in
August 2014. PBK is providing the architectural services
for the Brinker Elementary
School assignment while
Perkins + Will is serving as
architect for the Daffron
Elementary School project. ❏
Legacy at Falcon Point
Tracking On-Time Completion in Katy, TX
Comprehensive construction
is underway and tracking for
an on-schedule completion
of Legacy at Falcon Point, a
new 82-unit luxury assisted
living and memory care
Cadence McShane Construction
12708 Riata Vista Circle, #A-103
Austin, TX 78727
512.328.1411
512.328.1432 fax
facility for PinPoint Commercial, L.P. Located at 1520 Katy
Gap Road in Katy, Texas,
Cadence McShane began the
construction of this two-story,
64,281 square foot residence in
April 2013. The construction
progress reflects the completion of the structural framing,
exterior sheathing, roof trusses
and metal roof decking with
the installation of drywall,
windows and roofing currently
underway. Upon its final completion in May 2014, the new
senior living facility will incorporate upscale finishes within
22 residential units designed
for memory care and the
development’s 60 units designated for assisted living. The
complex is designed around a
central corridor that will incorporate amenities such as a
movie theater, spa, restaurant,
gymnasium, retail store and
sports bar. Sitework is also
being completed by Cadence
McShane that includes
landscaping, sidewalks and
convenient surface parking
for 43 vehicles. Three Square
Design Group is providing the
comprehensive architectural
services for this new assisted
living and memory care
community. ❏
Cadence McShane Completes Scottsdale Crossing
Building One for TIG Real Estate Services
Scottsdale Crossing Building One, a new 27,500 square foot
light industrial/office/flex speculative development for developer, TIG Real Estate Services, Inc., was recently completed by
Cadence McShane in Cedar Park, Texas.
Cadence McShane Construction recently announced the completion of its comprehensive construction assignment at Scottsdale Crossing Building One, a new 27,500
square foot light industrial/office/flex speculative development on behalf of developer,
TIG Real Estate Services, Inc. The new facility is located on an eight-acre site at 5900
Highway 183-A within TIG Real Estate’s Scottsdale Crossing Commerce Park in Cedar
Park, Texas. Cadence McShane constructed the single-story facility utilizing a tiltwall
panel exterior accented with attractive glazing elements. The building also features
aluminum windows, overhead dock doors and a 5:1,000 parking ratio. With tenant
space available from 1,560 to 27,500 square feet, the building offers the flexibility to
support either a single- or multi-tenant environment. Cadence McShane also completed the sitework for the assignment, including the construction of the building’s
parking and sidewalk areas, service drive, retaining walls, a water quality pond and
low impact landscaping. Austin, Texas-based Studio 8 Architects provided the architectural services for this speculative industrial assignment. ❏
5
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McShane Development Company
www.mcshanerealestate.com info@mcshane.com
Conor Commercial Real Estate
www.conorcommercial.com info@conorcommercial.com
Conor/Ravine Park
Partners Launch 248Unit Woodview Apts.
Co-developers, Conor Commercial Real Estate and Ravine
Park Partners, a Jeff Annenberg
and Greg Moyer company,
are pleased to announce the
development of Woodview
Apartments, a 248-unit luxury
apartment complex in Deerfield, Illinois. Situated at
Deerfield Road and Interstate
94 in this north suburban
Chicago market, groundbreaking ceremonies were held in
November 2013 with initial
tenant occupancy in First Quarter 2015 and full completion
scheduled for Summer 2015.
The four-story, 432,000 square
foot development will feature a
centralized structured parking
deck that supports parking for
418 vehicles. This ‘wrap’
design eliminates the parking
structure’s visibility and
enhances the aesthetics of this
contemporary Class A residential property. A mix of luxury
studio, one-, two- and threebedroom floor plans will be
offered together with a twostory community clubhouse
that will include a fitness center, demonstration kitchen,
business center, conference
room, theater/entertainment
venue, bicycle shop and
lounge area. The development
will also offer outdoor swimming, dining and sporting
areas, landscaped courtyards,
community gardens, pedestrian walkways and a dog park.
McShane Construction is
serving as general contractor
and HPA Architecture is providing the architectural services for the project. For additional information on Woodview Apartments, please visit
the property’s web site at
www.woodviewdeerfield.com. ❏
6
Groundbreaking for Woodview Apartments, a 248-unit, four-story luxury
apartment complex in Deerfield, Illinois, was conducted in November
2013 by co-developers, Conor Commercial Real Estate and Ravine Park
Partners, a Jeff Annenberg and Greg Moyer company.
tioned build-to-suit land parcel can accommodate users
from 100,000 to 125,000
square feet. A second site,
Premier BTS Sites
offering frontage and visibiliAvailable at Union
ty along I-355 can support
Pointe in Woodridge, IL build-to-suit users from
Situated at the northeast quad- 150,000 to 300,000 square
feet. Along with direct access
rant of I-355 and I-55 in
to the Interstate system, this
Woodridge, Illinois, joint venture partners, Conor Commer- amenity-rich location offers
nearby retail, dining, entercial and Gallagher and Henry,
tainment and lodging
are pleased to present two
options. Low real estate taxes
build-to-suit land sites at the
venture’s Union Pointe business and economic incentives propark. The sites offer convenient vide a competitive advantage
access and prominent visibility within the business-friendly
along these popular transporta- community of Woodridge,
tion corridors in southwest
Illinois. The two available
suburban Chicago. A well-posi- sites are adjacent to existing
Under a joint venture between Conor Commercial Real Estate and Gallagher
and Henry, two premier build-to-suit sites are available at Union Pointe,
located at the northeast quadrant of I-355 and I-55 in Woodridge, Illinois,
that can accommodate facilities from 100,000 to 300,000 square feet.
ROSEMONT, ILLINOIS
9550 W. Higgins Road, Suite 200
Rosemont, IL 60018
McShane Development Company (MDC)
847.292.4300
Conor Commercial Real Estate (CCRE)
847.692.8700
facilities within the park including the new 340,000 square foot
build-to-suit currently under
construction for Orbus Exhibit
& Display Group and the
362,500 square foot build-to-suit
for Edward Don & Company. To
learn more about the two
remaining build-to-suit parcels
available within this prominent
master-planned business park,
contact Brian Carroll (773-9571414 or bcarroll@ngkf.com) or
Jim Cummings (773.817.0123 or
jcummings@ngkf.com) of Newmark Grubb Knight Frank or
visit the park’s website at
www.union-pointe.com. ❏
Conor Commercial
Expands Development
Presence in Houston
With healthy commercial real
estate and development activity
occurring throughout the State
of Texas, Conor Commercial has
expanded its presence within
the active Houston market with
the establishment of a new
regional headquarters location
at 510 Bering Drive, Suite 300,
in the popular Galleria office
area. Conor Commercial’s development efforts are under the
direction of industry expert, Jeff
Stringer, who joined the firm as
Vice President in late 2013. An
18-year veteran of the commercial real estate industry, Stringer
is leading the firm’s expansion
of its existing industrial and
office portfolio by seeking new
land sites that could accommodate both speculative and buildto-suit developments. Conor
Commercial’s development
scope is augmented by its relationships with capital partners
and investors who are seeking
new investment within the
growing markets in Houston.
Stringer is also developing
opportunities in Austin and San
Antonio, both cities of which
are enjoying spectacular growth
in the high-tech and energy
122940_TMC_8-Pg JAN 2014_r1_OCT 2008 TMC 8-pager 1/28/14 8:33 PM Page 8
IRVINE, CALIFORNIA
2040 Main Street, Suite 175
Irvine, CA 92614
949.222.1000 (MDC)
949.752.7646 (CCRE)
PHOENIX, ARIZONA
3131 E. Camelback Road, Suite 115
Phoenix, AZ 85016
602.508.6166 (MDC)
602.845.5200 (CCRE)
AUSTIN, TEXAS
12708 Riata Vista Circle, #A-103
Austin, TX 78727
512.328.7111 (MDC)
512.328.4030 (CCRE)
DALLAS, TEXAS
14860 Montfort Drive, Suite 270
Dallas, TX 75254
HOUSTON, TEXAS
510 Bering Drive, Suite 300
Houston, TX 77057
972.776.5455 (CCRE)
713.231.2995 (CCRE)
industries, respectively. To learn
more about Conor Commercial’s development interests,
kindly contact Jeff Stringer at
713.231.2995 or via email at
jstringer@conorcommercial.
com. ❏
February Turnover
Slated for New VA
Outpatient Clinic in
Gilbert, AZ
As the final phases of construction are rapidly concluding,
McShane Development Company is planning a February 2014
turnover of the new U.S.
Department of Veterans Affairs
Outpatient Clinic in Gilbert,
Arizona. Positioned on a prominent nine-acre site within the
Val Vista Square Business Park
acquired by McShane Development from master developer,
Park Corporation, the two-story
healthcare facility is being readied to replace an existing VA
clinic that provides healthcare
services to over 19,000 area veterans. Utilizing the design/build
expertise of McShane Construction and REES Architects, Inc.,
this 60,000 usable square foot,
Under development by McShane Development Company, the new 60,000
usable square foot U.S. Department of Veterans Affairs Outpatient Clinic in
Gilbert, Arizona, is scheduled for a February 2014 turnover as the final
phases of construction are rapidly being completed.
LEED for Healthcare designed
facility is expanding the VA
clinic’s services to include
audiology, radiology, dental
care, mental health and physical therapy, among others. The
facility will also boast spacious
public areas, conference and
training rooms, treatment
rooms, staff support areas and
phlebotomy. McShane Construction has been finalizing
the sophisticated interior finishes throughout this comprehensive healthcare facility and
is currently completing the
final testing and commissioning of the facility’s building
systems including electrical,
HVAC, water and gas. Following the completion of the
facility, the clinic will begin
welcoming patients in early
Second Quarter 2014. ❏
On-Time Delivery
Slated for Orbus
Exhibit & Display
Group BTS
The fast-track completion of
Orbus Exhibit & Display
Group’s new corporate headquarters and warehouse facility
continues on schedule in spite
of this season’s harsh winter
conditions in Chicago. Located
at the Union Pointe business
park in Woodridge, Illinois, the
build-to-suit development is currently taking shape and will be
turned over to Orbus in Second
Quarter 2014. Orbus will be consolidating its current two locations in Bolingbrook and Niles
and relocating approximately
300 employees to the new buildto-suit where it plans to optimize its design, manufacturing
and corporate operations to support its modular exhibit and display business. After completing
the shell construction of this
347,400 square foot build-to-suit
facility in late December 2013,
the construction team poured
concrete flooring throughout
the building, starting with the
second story of the 55,000
square foot office component,
following with the first floor
office and warehouse space. As
the concrete setting process permits, the team will focus on
interior work including the
mechanical, electrical and
plumbing systems. The new
warehouse facility is under construction by the design/build
team of McShane Construction
Company and Ware Malcomb
Architects. ❏
Cherry Logistics Center Poised for Spring Occupancy
The new 575,000 square foot, LEED-Registered Cherry Logistics
Center located in Newark, California, under development by a
joint venture between Conor Commercial Real Estate and
American Realty Advisors, will offer an April 2014 shell building
completion. (Photo: November 2013)
Conor Commercial Real Estate and American Realty Advisors are on track to offer an
April 2014 shell building completion at its new 575,000 square foot Cherry Logistics
Center industrial development in Newark, California. This LEED-Registered, Class A
speculative facility is prominently situated within the East Bay industrial submarket on
a 29.4-acre infill parcel at 38811 Cherry Street. The design/build team of McShane
Construction and HPA, Inc. are currently completing the exterior façade and roof
installation while site concrete and asphalt work is underway to complete truck dock
areas and vehicle and trailer parking. Upon completion, this showcase green industrial, rail-served facility will accommodate warehouse, distribution, assembly, or light
manufacturing uses supported by a 32' clear, 4,000 amps (expandable to 10 Mega
Watts or ~18,000 amps), 120 docks, 175' truck court and on-site parking for 200 trailers.
Jeff Starkovich, SIOR, Jay Hagglund, SIOR, and Sam Higgins from Cassidy Turley’s
Oakland office, and Scott Borgia and Mark Dowling of its San Jose and Pleasanton
offices, respectively, comprise the marketing team for the property. For more information, please visit www.cherrylogisticscenter.com. ❏
7
122940_TMC_8-Pg JAN 2014_r1_OCT 2008 TMC 8-pager 1/28/14 8:32 PM Page 1
Feature Department
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Projects in Progress
THE DEN (STUDENT HOUSING) – COLUMBIA, MO
CHERRY LOGISTICS CENTER – NEWARK, CA
RIATA VISTA – AUSTIN, TX
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TAPESTRY GLENVIEW – GLENVIEW, IL
BRINKER ELEMENTARY SCHOOL – PLANO, TX
CONTINUED FROM FRONT PAGE
2014 Construction Outlook
fact, architectural and design
billings have now reached their
highest volume since the recession began in late 2008.
Construction growth trends can
also be identified within market
segments and geographical
regions including the following:
• The shale oil and gas market is
generating significant construction activity. This boom in
growth has resulted in the U.S.
producing 14% more of its own
energy today as compared to
8
FOREST MEADOW JUNIOR HIGH SCHOOL – DALLAS, TX
LEGACY AT CRYSTAL FALLS – LEANDER, TX
2005, according to the Energy
Information Agency.
• The expansion of the Panama
Canal is also impacting construction at U.S. port cities along the
East and West Coasts to handle
growing volumes at these U.S.
entry points.
• The residential recovery will
accelerate single-family construction and continued expansion in
the multi-family market.
• The manufacturing sector is
also growing due to increased
activity within the auto and
energy sectors.
SPRINGS AT CORPUS CHRISTI – CORPUS CHRISTI, TX
It’s predicted that all major sectors of the construction industry
will improve in 2014 with the
commercial and industrial markets
accelerating at the fastest pace
within the Western and Southern
regions of the country. Additional
market segments poised to enjoy
construction growth in 2014
include portions of the healthcare
market; continued growth in the
hospitality sector; and the educational sector within certain
regions of the country.
Notwithstanding the obstacles
that still remain in the nation’s
economic recovery path, the
overall prediction is that a positive momentum in construction
growth will reflect a modest, but
steady, strengthening of the
industry in 2014. ❏
COMMON GROUND is
published in January, May
and October of each year by:
The McShane Companies
9550 W. Higgins Road, Suite 200
Rosemont, IL 60018
847.292.4300
www.mcshane.com
feedback@mcshane.com