February 28, 2015 3:36 PM ET

Real Estate Management and Development

Company Overview of Panattoni Development Company Inc.

Company Overview

Panattoni Development Company Inc. provides commercial real estate development services. The company develops, owns, and leases industrial, office, and retail properties in the United States, Canada, and Europe. Panattoni Development Company Inc. was founded in 1986 and is headquartered in Newport Beach, California with additional offices in Denver, Colorado; Sacramento, California; Reno and Las Vegas, Nevada; Nashville, Tennessee; Atlanta, Georgia; Rosemont, Illinois; St. Louis, Missouri; Dallas and Houston, Texas; Seattle, Washington; and Mississauga and Edmonton, Canada.

20411 SW Birch Street

Suite 200

Newport Beach, CA 92660

United States

Founded in 1986

Phone:

949-474-7830

Fax:

949-474-7833

Key Executives for Panattoni Development Company Inc.

Chief Executive Officer
President
Senior Vice President and Project Principal
Senior Vice President and Project Principal
Senior Vice President of Irvine Office and Partner
Compensation as of Fiscal Year 2014.

Panattoni Development Company Inc. Key Developments

MetLife Announces to Develop New Large-Scale Industrial Distribution Park with Panattoni Development Co. for Approximately $110 Million Near Atlanta

MetLife announced that it will develop a new large-scale industrial distribution park near Atlanta together with Panattoni Development Co. for approximately $110 million. The new industrial distribution park, called the Lambert Farms Distribution Center, will offer up to 3 million square feet of distribution space. MetLife will be the majority partner and Panattoni will serve as the managing member. The park will take approximately three years to complete.

MetLife, Inc. and Panattoni Development Company to Develop a New Large-Scale Industrial Distribution Park on 183 Acres Near Atlanta

MetLife, Inc. announced that it will develop a new large-scale industrial distribution park on 183 acres near Atlanta with Panattoni Development Company. The Lambert Farms Distribution Center will offer up to 3 million square feet of quality distribution space and may accommodate up to two 1.5 million square foot facilities. MetLife will be the majority partner and Panattoni will be the managing member. Lambert Farms Distribution Center will be built on King Mill Road in Henry County, 15 miles south of the Hartsfield-Jackson International Airport and 25 miles from Atlanta. The Class 'A' development will feature LEED Certified buildings, clear heights of 36 feet and truck court depths of up to 240 feet, which will attract a wide variety of corporate tenants seeking quality distribution and warehouse space. The construction of the park will take about three years and is expected to create about 1,200 full-time construction jobs. The total development costs will run about $110 million. Merck added that the two companies have plans for an initial portfolio of eight industrial facilities in four states totaling nearly 6 million square feet on 356 acres. In addition to the Lambert Farms project in Atlanta, the companies plan to build facilities in Seattle, Chicago, the Inland Empire market of California and another project in the Northeast Atlanta sub-market.

Panattoni Development Co. Signs Lease Agreement with Wainwright

Panattoni Development Co. has signed Wainwright to a lease of 433,612 square feet at 2211 Hitzert Court.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
February 18, 2015
Former Chrysler warehouse in Fenton at 2211-2231 Hitzert Court
Merger/Acquisition
February 9, 2015
Industrial Portion Of Land at 11700 E. Golf Drive and 11600 N.W. 22nd Ave
Merger/Acquisition
November 24, 2014
Metroplex Business Center
 

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