Trammell Crow Co. has acquired a fully entitled 24-acre site in Morgan Hill, Calif.
The firm is planning to develop up to 440,000 square feet of light industrial space across five class A buildings on the currently undeveloped land, which is located west of Highway 101 at Butterfield Boulevard and Sutter Place. The site is within the Morgan Hill Ranch Business Park.
“The demand for new, Class A light industrial space in Santa Clara County continues to be robust, even in the current economy. Similar to our Morgan Hill Technology Center project that we plan to build at Highway 101 and Cochrane Road, this investment in the Morgan Hill community will generate local jobs and needed tax revenue,” said Don Little, senior vice president of TCC’s Northern California Business Unit. “We have been able to develop mutually beneficial relationships with City leaders through our work at the Morgan Hill Technology Center, and we look forward to continuing to work closely with