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After a slowdown in the construction of large-scale industrial buildings, one developer is moving ahead with a 1-million-square-foot building near Loop 303 in Glendale.
VanTrust Real Estate bought the 66-acre site near Northern Avenue and Reems Road in 2023. But the company did not immediately move forward with construction because at the time there were nine buildings of about 1 million square feet already on the market, Jenna Borcherding, senior real estate director for VanTrust, said.