CRG To Develop and Build 1.2M SF Industrial Facility in North Little Rock, Arkansas for Fortune 100 Company
The firm’s industrial standard continues to attract premium brands seeking modern warehouse and distribution facilities to match their growth objectives in a supply-constrained market
LITTLE ROCK, Ark. (June 6, 2022) — CRG, the national real estate development and investment firm, today announced that it is developing a 1,200,540-square-foot build-to-suit industrial project on 115 acres in North Little Rock, Ark., for a national Fortune 100 home improvement company. Located off Highway 70 at the Galloway exit, just 9 miles north of the Port of Little Rock, the new warehouse and distribution facility offers easy access to the centrally located port and its intermodal facilities.
“As record-high demand for industrial space continues throughout the U.S., we are excited to develop a state-of-the-art facility on behalf of a Fortune 100 brand,” said Mike Demperio, executive vice president and Southeast Region industrial partner for CRG. “This user is incorporating the latest distribution facility features, technology and equipment at an ideal location to help it meet its customers’ demands for quick and efficient delivery in a competitive retail landscape.
Once completed, the 1.2 million-square-foot cross-dock warehouse will offer the same modern features included in all of CRG’s The Cubes branded facilities, such as 36’ clear height, ESFR sprinkler systems, high-efficiency LED lighting, ample dock doors, trailer storage and car and truck parking — all features sought by the nation’s leading retailers. CRG’s parent company Clayco will serve as the builder for the project and Lamar Johnson Collaborative as the architect. Project construction is underway and commenced in May of this year. This 1.2 million-square-foot build-to-suit industrial facility marks the third industrial development project that CRG has developed for this user.
“Earning repeat business from this Fortune 100 company is a testament to the success of CRGs vertically integrated develop-design-build platform and The Cubes standards,” said Shawn Clark, president at CRG. “It is a testament to our firm’s vertically integrated platform and our ability to provide high-quality develop, design, and build services for our client’s most important projects.”
Nationally, CRG has planned projects, broken ground, or completed over 43 million square feet of The Cubes projects throughout the U.S., with approximately 25 million square feet delivered.
CRG is a privately held national real estate development and investment firm that has developed more than 10,000 acres of land and delivered over 210 million square feet of commercial, industrial, institutional and multifamily assets exceeding $13 billion in value. CRG leverages a powerful North American platform with local market expertise and offices in Atlanta, Chicago, Seattle, Southern California, St. Louis, Philadelphia and Phoenix. CRG’s philosophy of developing for the future and anticipating the enhanced needs of next-generation users led to the creation of its industrial brand, The Cubes, and its multifamily brand, Chapter. For more information, visit CRG’s website at www.realcrg.com.
About The Cubes:
The Cubes is a North American industrial brand owned and developed by CRG. The Cubes represents CRG’s philosophy of developing for the future and anticipating the enhanced needs of tomorrow’s modern industrial user. The Cubes are designed with an emphasis on sustainability, and implement state-of-the-art specifications, including maximum clear heights, dock doors and trailer storage to keep pace with the shift to consumer-centric logistic strategies. The Cubes are located on strategic sites that take into consideration both logistics and labor supply, always with the end user in mind.
Clayco is a full-service, turnkey real estate development, master planning, architecture, engineering, and construction firm that safely and sustainably delivers the highest quality solutions to clients across North America on time, on budget, and above and beyond expectations. With $4.9 billion in revenue for 2021, Clayco specializes in the “art and science of building,” providing fast track, efficient solutions for industrial, commercial, institutional and residential-related building projects. For more information, visit www.claycorp.com.