Clarion Partners JV Wraps Los Angeles Industrial Project
Real Estate Development Associates and Clarion Partners have completed construction on Union Commerce Center, a Class A distribution facility in central Los Angeles.
Located at 3690 E. Union Pacific Ave., the property covers 11 acres and has direct access to key logistical freeways, including Interstate 5 and Interstate 710. Union Commerce Center is convenient to the Ports of Los Angeles and Long Beach, and Union Pacific Railroad. It is also 100 miles or less from all Southern California points.
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Cushman & Wakefield’s John Minervini, Erik Larson, Chris Tolles, and Paul Sims with Cushman & Wakefield are leading the facility’s leasing efforts.
The development comprises a single 253,318-square-foot industrial building with a 36-foot clear height, 35 dock-high doors (with levelers on all docks), a pair of oversized grade-level doors, 41 trailer stalls, an ESFR K-25 sprinkler system, skylights, wide column spacing and ample expandable power. Rail access loading is possible at the location.
Cushman & Wakefield also represented Archer Daniels Midland Co. when the site was sold to REDA in late 2020. Quaker Oats was the previous site owner.
Tribute murals stand out
The Union Commerce Center also includes a recently finished, hand-painted mural. It wraps around a 500,000-gallon, 35-foot tall, 170-foot round water tower, honoring Los Angeles’ cityscape and heritage. The mural also serves the property’s fire sprinkler system.
Local artist Downtown Daniel (Daniel Antelo) produced the mural. Antelo’s artwork has been featured on walls and canvases nationwide. He has also worked for Nike, Kobe Bryant’s family, Marathon Clothing, the LA Rams, Clippers and Dodgers, among other projects.
Including tribute murals in commercial real estate projects is trending. For example, to honor her son, Akesh Yelavarthy, who died from Covid in 2020 at age 30, GI Stone President Sandya Dandamudi commissioned Cinque Smith and Gabriel Moskolis of Lymelite Studio to create a vibrant mural on the side of the leading stone supplier/fabricator’s new building, which is located next door to its longtime headquarters in a largely industrial area near downtown Chicago.
Completed in October, the graphic mural depicting Yelavarthy with his beloved pooch, Chance, enlivens the building, which the firm acquired last year, with plans to redevelop it as an innovative showroom and event space slated to open in late 2025.
“Akesh loved urban art, so this mural reflecting his joy of life and love for his friends is a fitting tribute,” Dandamudi told Commercial Property Executive.
A wall-to-wall, floor-to-ceiling abstract mural pulls all the colors together at Oklahoma City’s BancFirst Tower.
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