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Massive Industrial Breaks Ground at One of El Monte's Last Big Infill Sites

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Massive Industrial Breaks Ground at One of El Monte's Last Big Infill Sites

The Magellan Group just broke ground on its Magellan Gateway, a five-building, 501k SF industrial park in El Monte, CA. Principal and co-founder Kevin Staley (with his team and city officials) says the company is confident the $55M project will meet demand in the supply-constrained market. Magellan bought the nearly 27-acre site a year ago, which at that time was one of the largest remaining infill industrial parcels in the area.

Massive Industrial Breaks Ground at One of El Monte's Last Big Infill Sites

The HPA Architecture-designed project is the first new large scale industrial development in El Monte since 2008, and should be complete in Q4. The development will offer a variety of spaces for lease or sale, with Cushman & Wakefield handling the listing.