Wednesday, May 21, 2014

Developer begins North Fresno commercial centers

Source: The Business Journal
Written by Ben Keller, Business Journal staff writer

West Herndon Avenue is in line for a lot of new commercial activity as Ginder Development Corp. of Fresno begins work on a new business park and office building along the corridor. The company has already begun construction on a 20,000 square-foot office building on the site of a former parking lot at Herndon and Fruit avenues. CEO Rick Ginder hopes to complete the building and 84 parking stalls in early August, with plans to lease two-thirds of the space to Fresno property management company Manco Abbott. Another portion will be leased to real estate brokerage firm Gold Leaf Properties. About 80 percent of the building is already reserved for tenants, Ginder said. "I've been telling people it's going to be iconic. Probably 80 percent will be operated by solar for the electricity," said Ginder, referring to a roughly 36-kilowatt solar carport structure to be installed by Solar Universe. Ginder Development has also broken ground on a new business park at the southwest corner of Herndon and Milburn avenues, just south of the Save Mart-anchored Herndon Place Shopping Center. Ginder said one of four new buildings at the Herndon Place Business Center is already under construction, planned for a new clinic for DaVita Dialysis. Other tenants include SunnySkys Smog Shop and a car wash. The company is also in escrow for a property on the corner of Herndon and Blyth avenues with plans for retail development there. Ginder founded the Ginder Development Corp. with his wife Debra in 1978. Up until now, the company has been mostly involved with apartment complexes, having built some 18 of them in the Fresno and Clovis area over the last 30 years.

 URL to original article: http://www.thebusinessjournal.com/news/construction/12114-developer-begins-north-fresno-commercial-centers 

For further information on Fresno Real Estate check : http://www.londonproperties.com

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