CMB Infrastructure Investment Group 63, LP (“Group 63”) will work to assist in the financing of the construction and development of three Hillwood developments in two different states.
The Alameda portion of the Project will focus on the Alameda industrial/logistics development, also known as North Loop Center 3. It is anticipated to consist of six class-A, light industrial buildings to be constructed on 11.8 acres (4.8 hectaress) of land in Alameda, California.
The Waterman portion of the Project (also known as Gateway South Bldg. 4) consists of a class-A speculative warehouse facility to be constructed on 62 acres (25 hectares) of land located in San Bernardino, California. At full completion, this facility is anticipated to provide 1,032,072 square feet (95,883 square meters) of speculative warehouse space to the region.
The Pecan Square portion of the Project will be a master-planned residential community located in Northlake, Texas. Group 63 will provide EB-5 capital to assist in financing early phase development and construction of the project, which is anticipated to include the development of approximately 609 residential development lots.
Location:The Harbor Bay Business Park
Investment:$45,500,000
Company:Hillwood Development Company
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