Industrial Archives

Michael Lewis Co. buys parcel in Goodyear Gateway South

Goodyear Gateway South, EJM Development

Goodyear Gateway South, the 221-acre industrial zoned park being developed by EJM Development Co. just north of the Phoenix Goodyear Airport, has announced its first user. Michael Lewis Co. (MLCo) has purchased a 30-acre parcel for development. The financial terms of the transaction were not disclosed. Pat Feeney, Dan Calihan and Rusty Kennedy with CBRE’s… Read More →

Cavan Commercial leases 7.5 acres at Phoenix-Mesa Gateway Airport

Cavan Commercial_Phoenix-Mesa Gateway Site Plan, CPI, WEB

Commercial Properties, Inc. (CPI) announced the land lease of approximately 7.5 acres for the future development of approximately 100,000 SF multi-tenant industrial buildings located on the corner of Sossaman Road & Velocity Way and just south of the airport terminal. Leroy Breinholt and David Bean of CPI’s Tempe Industrial Group represented both Phoenix-Mesa Gateway Airport… Read More →

Park Lucero development to bring more than 1,000 jobs to Gilbert

Park Lucero

Trammell Crow Company, in partnership with Artis REIT, broke ground on the first phase of the Park Lucero project in Gilbert, AZ. The industrial park and buildings were designed by Butler Design Group and is being constructed by D.L. Withers Construction, both Phoenix-based companies. Phase I, at build-out, will feature three buildings totaling 210,000 square… Read More →

Auto aftermarket company signs 109KSF lease in Phoenix

Canal Crossing

A leading auto aftermarket company has signed a 10-year + lease for 109,060 SF at Canal Crossing Logistics Center at 5670 S. 32nd St. in Phoenix. The project is currently under construction. Lee & Associates principals Jeff Conrad and Allen Lowe represented the landlord, Conor Commercial Real Estate (a real estate development and investment arm… Read More →

Ventana leases 60KSf build-to-suit in Marana

TCP-Ventana, CBRE, WEB

An affiliate of Cottonwood Properties announced they will be constructing and leasing a 60,000 square foot distribution facility for Ventana Medical Systems, Inc. (Ventana), a member of the Roche Group. The new facility is located in Tangerine Commerce Park located on Tangerine Farms Road just west of the Tangerine Road freeway interchange. This is the… Read More →

Garmin opens new research, development office in Chandler

Garmin, Chandler, WEB

Garmin International Inc., a unit of Garmin Ltd. (NASDAQ: GRMN), the global leader in satellite navigation, Friday formally opens its new 60,000 square foot research and development facility in the Chandler Corporate Center. “We are delighted to open such a state-of-the-art research and development facility here in Chandler,” said Merlin Smith, director of auto OEM… Read More →

Anixter commits early to Airport I-10 spec development

Airport I-10

Wentworth Property Company/Clarion Partners and the Phoenix office of JLL have secured a benchmark 63,000-square-foot tenant lease commitment this week at Airport I-10 Business Park—one of the largest Sky Harbor Airport-area speculative industrial developments in Phoenix history. The lease, made by Illinois-based Anixter International, Inc., fills almost half of Airport I-10’s “Building E” months before anticipated shell construction… Read More →

Signature Flight Support buys Scottsdale AirCenter FBO

Scottsdale Air Center FBO

Signature Flight Support, the world’s largest network of fixed-base operators (FBO), opened its newest location at Scottsdale Airport. FBOs provide aircraft support services at general aviation airports. Signature’s Scottsdale facility includes a 12,000 square foot terminal and 145,000 square feet of hangar space capable of housing any large cabin business aircraft. Additional amenities include concierge… Read More →

Kitchell acquires 20-acre parcel near Sky Harbor

rsz_kitchell

Kitchell Development Company acquired nearly 20 acres at Interstate 10 and 28th Street, just south of Sky Harbor Airport in Phoenix for an industrial development. “Over the years we have developed several types of commercial projects including retail business parks, and multifamily, depending on the market climate,” said Senior Director of Development Ryan Cochran. “We’re… Read More →

Cresa executes disposition and new lease for 3M Company

Tenant representation firm Cresa announced that it had executed the disposition of a 270,890 SF building and 42 acres of land for $31.91 million in Ontario, Calif., for 3M Company. As part of the transaction, Cresa Phoenix negotiated a 10-year lease on a 454,877 SF distribution facility to be constructed on a vacant parcel nearby.… Read More →

Pacific Realty Advisors plan 211KSF spec industrial project

Broadway101_Phase3_Elevations_CT

Cassidy Turley announced today that Pacific Realty Advisors (Kenn Francis and Tod Thorpe, Scottsdale, Ariz.) will break ground this year on a ±211,505 SF, two-building industrial project on the northwest corner of Broadway Road and Dobson Road in Mesa, Ariz. Cassidy Turley’s Mike Haenel, Andy Markham, SIOR, and Will Strong have the leasing assignment for… Read More →

LGE breaks ground on METSO facility

LGE Design Build broke ground on a 44KSF service facility for Metso Corporation on June 6.  The facility will be located at Pecos and Sossaman roads in Mesa, Ariz. The new facility is ideally positioned and equipped to service Metso’s customers throughout the southwest U.S. and northern Mexico.  The new facility will accommodate a wide… Read More →

SubZero expands facility at PV303

PV303 SubZeroLARGE

CBRE has completed the sale of an 11.5-acre land parcel at PV303, the master-planned business park which sits at the confluence of Interstate 10 and Loop 303 in Goodyear, Ariz. The land parcel commanded a sale price of $2 million. Pat Feeney, Dan Calihan and Rusty Kennedy with CBRE’s Phoenix office negotiated the transaction on… Read More →

WinCo announces opening of Phoenix distribution center

winco

WinCo Foods LLC announced today that it will begin shipping from its newest distribution center located at 7502 W. Durango St., Phoenix, Arizona, on Monday, May 14, 2014. The center, which includes over 900,000 square feet of warehouse space under roof, will initially service nineteen (19) WinCo Foods stores located in Arizona, Southern Nevada and… Read More →