National real estate development and investment firm CRG announced Tuesday that it is developing a 1,200,540-SF build-to-suit industrial project on 115 acres in North Little Rock, “for a national Fortune 100 home improvement company.” Details of the company name have yet to be announced. Located off Highway 70 at the Galloway exit, nine 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- SF cross-dock warehouse will offer 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.
CRG’s parent company Clayco will serve as the builder for the project and its subsidiary, Lamar Johnson Collaborative, is the architect. Project construction commenced in May 2022. This facility marks CRG’s third industrial project with this user.
“Earning repeat business from this Fortune 100 company is a testament to our expertise and the success of CRG’s vertically integrated develop-design-build platform and The Cubes standards,” said Shawn Clark, president at CRG. “We’re proud to continually provide high-quality develop, design, and build services for our client’s most important projects.”
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 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.
Feature photo courtesy of CRG