In what could be a positive sign in the commercial real estate industry, Sunbeam Properties has broken ground on MPC-27, a spec distribution building in Phase 4A of the Miramar Park of Commerce.
The 87,540 square-foot building is the first spec building in the Park since 2007 and is scheduled for completion in the fourth quarter of 2012.
The new building will have 32 feet of clear height, a 145-foot non-shared truck court and 15,000 square-foot bays that are 165 feet deep.
“As the market is tightening up, the inventory for distribution space is low,” said Andrew Ansin, vice president of Sunbeam Development, developer of the Park. “MPC-27 will create distribution space that has the dimensions national tenants require.”
In addition, MPC-27 is equipped with early suppression fast response fire sprinkler systems, which are ideal for warehouses and distribution centers and offer better protection than in-rack systems.
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