10 West Commerce Park
Industrial project of the year (More than 755,001 SF)
Contractor: LGE Design Build
Architect: LGE Design Group
10 West Commerce Park took home the award for Industrial project of the year during AZRE’s 2023 Real Estate and Development Awards. Getting an award winning project like 10 West Commerce Park designed and constructed takes an experienced, talented team. In a testament to LGE’s build and design quality along with Creation’s placemaking and development, 10 West Commerce Park was pre-leased very early during construction. This lead to a massive tenant improvement project for the lease holder Funko, an extremely popular manufacturer of pop culture collectables and figurines. Upon completion 10 West Commerce Park sold for a record setting price to Intercontinental Real Estate Corporation in a joint venture with an affiliate of Cohen Asset Management.
Construction on 10 West began during a period of construction industry staffing problems, import bottlenecks and material volatility. LGE Design Build’s full-service approach with design, engineering, budget control, permit coordination and construction under one roof helped to alleviate these pain points. Architecture teams were also seeing longer lead times because of heavily booked due diligence consultants, along with increased entitlement and permit review durations. However, LGE’s working relationship with the City of Buckeye helped the process remain as seamless as possible. By utilizing the design-build process, the LGE team and the developer, Creation, were able to minimize turbulence in the labor market, better control costs, and ultimately deliver on schedule and on budget.
A massive tenant improvement project:
The tenant improvement project at the over 862,000-square-foot 10 West Commerce Center included changes that were made to the office and warehouse spaces, as well as overall site changes. The TI for the 35,000-square-foot office included adding multiple conference rooms, a call center, cantina, gym, high-security entrance and a future retail store.
The 826,000-square-foot warehouse included a full TI for two warehouse restroom cores, a crow’s nest with trucker lounge, adding a receiving office on the ground level as well as full air conditioning and 40’-0” clear height throughout the building. The overall site TI included a guard house, automated gate systems and solar panel covered parking canopies.
10 West Commerce Center was a perfect fit for Funko. The location provides convenient access to central and southern California as well as proximity to ports of LA and Long Beach. The warehouse space and features added during the tenant improvement allowed Funko to consolidate into this single location for their e-commence and wholesale business.