SEVENTH STREET DEVELOPMENT  

In April 2012, Seventh Street purchased an additional 11.3 acre parcel from the US Government and has processed plans for development of a 245,000 square foot state-of-the-art warehouse and manufacturing building with 32 foot clear height, ESFR sprinkler system, 41 dock-high loading positions and singature signage on Mission Boulevard. The project has exceptional freeway access and circulation due to the recently completed overpass and four-way freeway exchange at Mission Boulevard at the 71 Freeway (just 500 yards to the west) and the two signalized access points from Mission Boulevard. Buildings of this size and quality that are offered for sale are extremely rare in the San Gabriel Valley. Construction will start in April 2013 and is expected to be completed by year-end.

Recipient of “2012 Los Angeles County Industrial Project of the Year – LA Business Journal” and “2012 California Community Redevelopment Agency Award of Excellence – Best Commercial/Industrial Project”

Huy Fong Foods, one of the largest and best known manufacturers of hot sauces in the world, selected Seventh Street Development in February 2008 as development manager for its new headquarters and food manufacturing facility. The building at 655,000 square feet is the largest building ever constructed in the City of Irwindale and features sustainable design elements. Seventh Street identified the 23 acre site owned by the City of Irwindale Redevelopment Agency and negotiated a development agreement with the City. Construction began in October 2010 and the project completed in the Fall of 2011. Seventh Street was responsible for all aspects of the project including site selection and acquisition, entitlement, design, permitting and construction management.

Mission-71 Business Park is a 56-acre industrial project located near the intersection of the 71 Corona Expressway and Mission Boulevard. The site, which benefits from over 1,500 linear feet of freeway frontage, was formerly owned by the United State Government and occupied by General Dynamics as a manufacturing facility. Seventh Street completed the first phase of the project in December 2007. This phase consisted of 11 buildings totaling 250,000 square feet. Phase II will consist of three buildings totaling 212,000 square feet (120,000 sf; 50,000 sf; 42,000 sf). These buildings are fully entitled with the City of Pomona and will start construction upon commitments for sale or lease. www.cbre.com/mission-71

Waterman Business Center is a 10-acre ground-up mixed use development project located on the east side of Waterman Avenue, just south of the 10 Freeway in San Bernardino. In December 2007, Seventh Street completed construction on the project which consists of twelve buildings totaling 191,000 square feet. Ten of the buildings are freestanding industrial buildings which range from 9,500 to 16,000 square feet. Two of the buildings offer 67,000 square feet of multi-tenant office and industrial space, well-suited for a variety of uses that range from medical office to office showroom space due to the project’s abundant parking and close proximity to Loma Linda Medical Center. With their stacked stone entries and high-end office finishes, Waterman Business Center offers the highest quality buildings of its kind in this marketplace.

The Speedway Business Park is a 4-acre master-planned industrial park located near the intersection of the 605 and 210 Freeways. The project successfully integrates the City of Irwindale Design Guidelines into an architecturally distinctive mission-style park consisting of four freestanding buildings totaling 85,000 square feet. Seventh Street Development was selected by the City of Irwindale through a competitive selection process to develop this irregular site which is just north of the Irwindale Speedway and adjacent to active mining operations. The buildings were completed near the end of 2006 and the project was sold out in early 2007.

Seventh Street Development developed the first concrete tilt-up building, a 110,000 square foot industrial building located on a six acre lot, within the Agua Mansa Industrial Center. The building is a state-of-the-art 30 foot clear distribution facility with an ESFR sprinkler system. Seventh Street acquired the property in August 2004 and, after an extensive entitlement process in the County of Riverside and resolution of some complex utility service issues, the building was completed in October 2005. The building was constructed speculatively, but was sold at completion. It is currently occupied by Aramark, a global leader in professional services such as uniforms and food services. Seventh Street’s success with this development spawned numerous other projects within the Agua Mansa Industrial Center.

Formerly Northrop Grumman’s development campus, The Exchange features 1.8 million square feet of retail, office, manufacturing and industrial space. The project’s master plan for the former 105-acre abandoned aerospace campus required a full environmental impact report, numerous public hearings and a close working relationship with the city of Hawthorne, two adjacent cities and the local community. The site also has known groundwater and soil contamination and is under active oversight by California EPA. Furniss and Hinchliffe identified this opportunity and led the team that acquired the property, developed the master plan and procured the entitlements, financing and tenants for the project.The project features 290,000 square feet of retail space including a Lowe’s Home Improvement retail store that opened in June 2003 and 500,000 square feet of new industrial buildings that were completed in December 2003. Additionally, two major users were procured for approximately 600,000 square feet of existing manufacturing buildings: AT&T, who located its largest data center in the country to The Exchange; and Lithographix, a local printer who will open a 275,000 square-foot printing operation with 400 employees in 2004.

Agua Mansa Industrial Park is a 200-acre industrial property consisting of 24 semi-finished lots that accommodate a wide range of industrial and manufacturing uses. The project required a quick close, refinancing of a community facilities district with a tax-exempt bond offering, resolving an endangered species issue, as well as resolving several entitlement and marketing challenges. The refinancing and repositioning of the project were successfully completed in August 2003. Eighty percent of the property was sold or put under contract to users/buyers within one year of the purchase of the property.

The Alameda Trade Center is a 20-acre master-planned, industrial park. Mr. Furniss and Mr. Hinchliffe led a team that served as developer and general contractor for this 600,000 square-foot ground up development. It is located east of downtown Los Angeles within a City of Los Angeles redevelopment area. The Alameda Trade Center consists of 23 buildings ranging in size from 10,000 square feet to 160,000 square feet and was designed to address the unique requirements of importers/exporters, produce wholesalers, and frozen foods distributors. The team carefully crafted CC&R’s and three owner associations to create a highly successful business environment. Not only did all of the buildings sell out within 18 months of the project start, but also at record-high prices for the downtown market.