The Largest Industrial Project Of The Year and it’s TI.
10 West Commerce Park
Industrial project of the year (More than 755,001 SF)
Developer: Creation
Contractor: LGE Design Build
Architect: LGE Design Build
10 West Commerce Park
Industrial Tenant Improvement Project Of The Year
Developer: Creation
Contractor: LGE Design Build
Architect: LGE Design Build
10 West Commerce Park took home the award for Industrial project of the year during AZRE’s 2023 Real Estate and Development Awards as well as Industrial Tenant Improvement Project of the Year at the 2022 Best of NAIOP 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.
Complete your TI in 5 steps
Popular Past Posts
Categories
Follow Us
Related Posts
-
Today’s Trends in Dallas and Phoenix Construction
Our mission is to provide you with the latest insights into market trends and conditions. This Q2 2024 report is a valuable resource, offering comprehensive data that not only shares insights behind current market conditions but also outlines their impact and proactive strategies to prepare for the future. With a particular focus on the design and construction sectors, this report equips us with the knowledge needed to build with confidence and readiness in Dallas and Phoenix.
-
Celebrating 30 Years of Design Build
As LGE Design Build commemorates its 30th anniversary, the occasion prompts reflection on more than the mere passage of time. Since our establishment in 1994, we've been navigating a diverse array of projects, fostering an exceptional company culture, and expanding our presence into Dallas, Texas, with the formation of a dedicated team. In the spirit of transparency and connection, we share some important milestones and respond to frequently asked questions received at LGE, taking a moment to address five key inquiries about our journey, philosophy, and future endeavors.
-
Breaking Ground at Thunderbird Commerce Park
Ground was broken at Thunderbird Commerce Park! Situated within the coveted Scottsdale Airpark, this project stands as a significant milestone for the city, Creation and LGE Design Build, responsible for both architecture and construction. Upon completion, Thunderbird Commerce Park will be a 243,000 square feet Class A industrial logistics facility. It will be built with 32-foot clear heights, 130-foot truck court depth, 3,000A of power, four EV dual charging pedestals, 51 truck doors and 322 car parking spaces.
-
LGE’s Q1 2024 Construction Delivery Outlook.
At the core of our mission is the commitment to provide you with up-to-the-minute insights into prevailing market trends and conditions. Tailored specifically to the design and construction sectors, this report empowers us with the knowledge to approach the market in Dallas and Phoenix with confidence in 2024.