Mohr Capital Launches New Distribution Facility Project
Mohr Capital has recently announced an exciting project that includes the development of a 1 million-square-foot build-to-suit distribution facility. This state-of-the-art project is designed to meet the demands of a prominent national client, emphasizing Mohr Capital's dedication to fostering strong client relationships and meeting their logistical needs.
Strategic Location and Expansion Potential
The new facility will be established on a 147-acre site, strategically located at the northwest corner of Peace Road and Fairview Drive. This prime location is expected to serve as a crucial hub for warehouse and distribution, providing significant logistical advantages to the client’s growing regional operations. The design also includes plans for future expansion capabilities, allowing the facility to potentially grow to 1.5 million square feet, ensuring that it can adapt to future demands.
Leadership Insights on the Project
Gary Horn, Chief Development Officer at Mohr Capital, expressed enthusiasm about collaborating with local partners to realize this ambitious project. "We are excited to partner to deliver a Class A distribution facility that will support our client's growth," he commented. This sentiment highlights the importance of community collaboration in developing quality industrial spaces.
Collaborative Partnerships
This project further exemplifies the fruitful collaboration between Mohr Capital and their client, with a signed 12-year lease securing the commitment to the development. Bob Mohr, the firm's founder, noted the significance of trust and partnership in making this project viable, calling it a true win-win for everyone involved.
Key Partnerships and Project Execution
To ensure the successful completion of the facility, Mohr Capital has enlisted the expertise of several partners. Pepper Construction will act as the general contractor, overseeing the build with the support of Willet Hoffman for civil engineering and Curran Architecture as the project architect. The Chicago-based project management team from CBRE will also be involved, reinforcing Mohr Capital's commitment to quality in all stages of the development.
About Mohr Capital
Mohr Capital is a privately held real estate investment firm that specializes in developing, acquiring, and managing industrial, office, and retail properties across the United States. With a strong history of delivering high-quality projects, the firm continues to focus on fostering long-term client relationships and creating value for tenants and investors alike.
Frequently Asked Questions
What type of facility is Mohr Capital developing?
Mohr Capital is developing a 1 million-square-foot build-to-suit distribution facility.
Where is the facility located?
The facility is being constructed at the northwest corner of Peace Road and Fairview Drive.
How long is the lease for the new facility?
Mohr Capital has signed a 12-year lease with their client for the building space.
Who are the key partners involved in the project?
Pepper Construction, Willet Hoffman, Curran Architecture, and CBRE's project management team are key partners in the development.
What is the vision of Mohr Capital?
Mohr Capital aims to create high-quality industrial spaces that enhance long-term partnerships with clients and provide sustainable value to communities.
