Peak Construction Corporation Awarded Cranbury Building Three in New Jersey
Des Plaines, IL (May 29, 2018) — Peak Construction Corporation has been awarded Cranbury Building Three by Clarion Partners, LLC and Trammell Crow Company. Construction will start in mid to late spring on the 444,428 square foot facility. The building will feature 40’ clear height, 44,442 square feet of office and 399,986 square feet of warehouse space, an ESFR sprinkler system, 111 dock doors, four (4) ramp doors and 166 parking spaces. Construction is expected to be completed by the end of the year. RGA Architects is providing architectural services and Langan is providing both civil engineering and landscape architectural services.
Clarion Partners, an SEC registered investment adviser with FCA-authorized and FINRA member affiliates, has been a leading U.S. real estate investment manager for more than 36 years. Headquartered in New York, the firm has offices in Atlanta, Boston, Dallas, London, Los Angeles, São Paulo, Seattle and Washington, DC. With more than $45.6 billion in total assets under management, Clarion Partners offers a broad range of real estate strategies across the risk/return spectrum to its more than 300 domestic and international institutional investors. More information about the firm is available at www.clarionpartners.com.
Trammell Crow Company (TCC), founded in 1948, is one of the nation’s leading developers and investors in commercial real estate. The Company has developed or acquired 2,700 buildings valued at nearly $65 billion and over 590 million square feet. As of March 31, 2018, TCC had $7.7 billion of projects in process and $4.1 billion in its pipeline. Trammell Crow Company’s teams are dedicated to building value for its clients with professionals in 16 major cities throughout the United States. The company serves users of and investors in office, industrial, retail, healthcare, multi-family residential, through its operating subsidiary High Street Residential and mixed-use projects. For those who occupy real estate, TCC can execute the development or acquisition of facilities tailored to meet its clients’ needs. For investor clients, the company specializes in joint venture speculative development, acquisition/re-development ventures, build-to-suit development or providing incentive-based fee development services. TCC is an independently operated subsidiary of CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Los Angeles, and the world’s largest commercial real estate services and investment firm (in terms of 2017 revenue). For more information visit www.TrammellCrow.com.
Peak Construction Corporation’s service is more than a commodity. For over 20 years, we’ve been answering the questions you didn’t know to ask, mitigating the risks you didn’t know were there and resolving issues before they become problems. As a full-service Design-Build General Contractor spanning multiple market segments – industrial, office, healthcare, hospitality, construction management, land entitlement/development – we help our clients navigate the big and small decisions that turn their businesses’ needs and goals into solutions that provide immediate results with long term value. Visit peakconstruction.com for more information. Build Value. Design Build.