CRG Completes Sale of New Jersey Industrial Portfolio to Watson Land Company for $107.74 Million

CRG, the real estate development and investment arm of Chicago-based Clayco, today announced the sale of two speculative industrial facilities in East Greenwich, New Jersey, for $107.74 million. The firm sold The Cubes at Huff Lane, a 283,040 square-foot building, and The Cubes at Harmony Road, a 252,750 square-foot building, both located in the East Greenwich Logistics Center.

Watson Industrial Park Chino – Building A Better Community

The Watson vision continues to unfold in Chino, California: This past month, we achieved a major milestone with one of our flagship industrial parks when the City Council officially voted to accept public improvements for Watson Industrial Park Chino Phases 2, 3, and 4.

Introducing JW Industrial Park Route 329

The first joint venture between Jaindl Land Company and Watson Land Company, JW Industrial Park Route 329 (JW329) will be one of the largest distribution hubs in the northeast. Developed by two heritage companies that prioritize stewardship of the land, JW329 expresses a highly contextual approach to industrial architecture that is sensitive to the rural community while stimulating economic growth in the region.

Watson Land Company Welcomes New Vice President Of Construction

Lehigh Valley, Pennsylvania – Watson Land Company (Watson), a developer of masterplanned industrial real estate parks in Southern California and Lehigh Valley, PA, recently announced the hiring of Eric Scheler as the Vice President of Construction for the corporation. In this role, Scheler will oversee all construction responsibilities throughout Lehigh Valley in Pennsylvania.

Watson Welcomes 3 New Companies To Its Community Of Customers

Watson Land Company is thrilled to extend a warm welcome to three new customers in our community: Floor & Décor, Logistics Plus, and CTSI Logistics, Inc. These companies join the growing WLC network and will strengthen Watson Land Company as well as continue to build and support the communities in the areas where we live and work. At Watson Land Company, we are committed to building community, generous planned giving, and volunteerism, as it is sewn into the seams of all we do, and we are honored to have Floor & Décor, Logistics Plus, and CTSI Logistics, Inc. join us in these endeavors.

Watson Customers Rally To Provide Vital COVID-19 Medical Supplies

At Watson, we’re excited to announce how many of our customers have stepped up as well as modified their business models and production facilities to address medical supplies shortages due to the COVID-19 pandemic. They’re adapting to help their communities during this challenging time, and it’s a testament to the tenacity and grit these companies possess in times of crisis.
Watson gives a round of applause to corporations such as BNSF Railway, Agility, and DB Schenker. As the coronavirus continues to disrupt life as usual, it’s good to know that these businesses are working hard to make a positive impact.

Watson Salutes The COVID-19 Supply Chain Heroes

At Watson, we have been seeing such incredible work from our valued customers throughout our portfolio; to honor them for their bravery, their hard work, and positivity during a time of extreme difficulty, we have created our Community Spotlight Blog Series to share what our customers are doing to maintain a healthy approach while emphasizing that we are all united in purpose helping others. Watson Land Company’s logistics customers have taken a number of steps to ensure that the consumer pipeline for goods is filled, employees are protected, and customer satisfaction is ensured as much as possible during the COVID-19 pandemic.

Opportunities Arise At Watson Industrial Park Chino

Although we all are navigating the challenges of today’s COVID-19 economy, the demand for manufacturing and distribution centers keeps growing. Building 849 at Watson Industrial Park Chino has already been leased to El & El Wood Products. This leaves Building 848 as the only space available at this time. With 560,000 square feet of industrial space and an estimated completion date of June of 2020, Building 848 contains many advantages that match the efficiency, sustainability, and high-quality standards established throughout the masterplanned industrial park.

Watson Land Company Names Jeffrey Jennison As Chief Executive Officer

Three Year Succession Transition Culminates with Retirement of Departing CEO Bruce Choate Los Angeles, California – Watson Land Company (Watson), one of the nation’s premier developers and owners of masterplanned industrial real estate, today publicly announced the appointment of Jeffrey Jennison as the company’s new Chief Executive Officer. Jennison has served as Watson’s president since 2014. The...