Construction work on the $270m Palomino Ranch industrial Complex located in Norco, California, the US commenced in Q2 2022. It was announced in Q2 2021.
The project involves the construction of 185,806m2 24 buildings industrial complex on 45ha of land in Norco, California, the US.
The project includes the following:
1. Construction of 557m2 of office space2. Construction of secured and unsecured concrete truck courts3. Construction of warehouse space4. Construction of 125-foot truck court depth5. Installation of ESFR sprinklers6. Installation of safety and security systems
Construction on the project, spread across 45 hectares, is expected to be completed by Q4 2024.
Owners of the project include the US-based CapRock Partners.