348,000 Square Feet of New Legacy Buildings Planned for Carson, Calif.

CARSON, Calif -- Watson Land Company has begun construction on three new Legacy Buildings(SM) totaling 348,000 square feet within the Dominguez Technology Center in Carson. The buildings are part of the company's growing Legacy Building(SM) series which offers flexible warehouse/distribution and office space in a master planned business center.

"There is a steady demand for Class A industrial space in the South Bay market and a limited supply of new buildings. Our new Legacy Buildings(SM) are suitable for a wide range of uses from corporate headquarters, R&D, office, distribution or manufacturing and are well-located with easy access to major transportation corridors, the third largest port complex in the world and the Los Angeles International airport, which is ideal for the growing number of logistics and distribution companies that continue to be a major user in our market," said Kirk Johnson, senior vice president of real estate operations for Watson Land Company.

Legacy Buildings(SM) 730 and 731 in the series, are being constructed on approximately 15 acres bounded by Central Avenue, Glenn Curtiss Street and University Drive. The buildings' features include ample employee parking, architecturally distinctive entries, extensive use of perimeter glass, high ratio of loading positions and 100% concrete truck courts with turning radius' ranging from 163' to 185'. The buildings, 178,428 square feet and 98,127 square feet respectively, were designed by RGA architects. Legacy Building(SM) 727, designed by Ware Malcolm, is 71,542 square feet located across the street on approximately 4.5 acres at the corner of Central Avenue and Glenn Curtiss and offers the unique feature of excess land for employee parking.

The flexible design of the Legacy Buildings(SM) provides a number of potential unit sizes and is suitable for a wide variety of potential uses ranging from R&D, office, high tech and warehouse distribution. "Our flexible space plan can also accommodate corporate headquarters users. We have the ability to configure the buildings to offer anywhere from 50 to 100 percent of the space for office uses, if required," noted Johnson.

Each building also features perimeter landscaping, articulated entryways and signage. Adding to the attraction for businesses is the location within the Dominguez Technology Center, one of Watson's premier business centers in the South Bay market. Buildings 730 and 731, being constructed by Snyder Langston, and Building 727, being constructed by Norm Wilson and Sons, are all scheduled for completion during the first quarter of 2005.

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