Tag Archives: coldwater depot logistics center

Photo by Mike Mertes, Az Big Media

Catherine Thuringer – Most Influential Women In Commercial Real Estate

Catherine Thuringer
Trammell Crow Company
Years in the industry: 30

At the beginning of 2014, Cathy Thuringer was promoted to principal at Trammell Crow Company, where she has oversight of its industrial development in Arizona. This is no small feat of square footage. Trammell Crow recently brought the largest speculative development to the Valley with the 791KSF Coldwater Depot Logistics Center.

What is the hardest professional or personal challenge you’ve faced and how did you overcome it?
My first ground-up development. I learned very quickly how important it is to surround oneself with the right talent in order to succeed.

What do you consider your greatest professional accomplishment?
Achieving the rank of principal and becoming an active member of Trammell Crow Company’s leadership team.

What is your most memorable deal or project and why?
Coldwater Depot Logistics Center – Phase 1 was the largest and most successful spec industrial project for our team. It was voted NAIOP’s 2013 Speculative Industrial Project of the Year.

What is your favorite part of your job?
Working with exceptionally talented people to transform a vision into reality.

When you were a child, what did you want to be when you grew up and how did that aspiration affect your career?
A travel agent—how did I do?

What is one little-known fact about you?
I am an avid wildlife/nature photographer.

Coldwater Depot Logistics Center

Coldwater Depot Logistics Center enters phase 3

Trammell Crow Company (TCC), one of the nation’s largest commercial real estate developers and investors, and joint venture partner Clarion Partners, a leading U.S. real estate investment manager, announced Tuesday that construction has begun on Coldwater Depot Logistics Center, Phase 3, a 187KSF, class-A speculative industrial building in Avondale, Ariz. Construction is scheduled to be complete 2Q 2015. This is the third and final phase of the venture’s 66 acre master-planned Coldwater Depot Logistics Center industrial park.

Coldwater Depot Phase 3 will be the first distribution building developed in Southwest Phoenix in 7 years that is specifically designed for 100,000-150,000 square foot warehousing requirements. This historically important user size range has been largely underserved as new developments in recent years have focused on much larger buildings. Much of the existing inventory of smaller distribution buildings are now 20-30 years old and do not have desirable attributes such as 30’ clear height, 52’ x 60’ column spacing, ample truck maneuverability, trailer parking and the ability to secure truck courts.

“The Coldwater Depot Logistics Center project has been a tremendous success for the TCC/Clarion venture given the quality of buildings, location along the Interstate 10 freeway and growth and demand within the submarket,” said Cathy Thuringer, Principal with Trammell Crow Company’s Business Unit.  “This third phase will target the smaller industrial user, a segment of the market that has become increasingly active as the economy continues its recovery.”

Coldwater Depot Phase 3 sits on 11.7 acres along Interstate 10 at 127th Avenue in the heart of the Southwest Phoenix industrial market. The site is minutes from Loop 101, Loop 303 and I-17, with close proximity to Sky Harbor International Airport and downtown Phoenix. The facility has access to local, regional and national markets via an integrated network of interstate and intrastate freeways. Local amenities include Avondale City Center, Gateway Pavilions, Shops at Alameda Crossing, Gateway Crossing, Hilton Garden Inn, Homewood Suites, The Estrella Falls Regional Mall and Wigwam Golf Resort & Spa.

“We’re excited about kicking off this project with the Trammell Crow Company and growing our portfolio in the Southwest Phoenix submarket,” said Ryan Collins, Vice President with Clarion Partners.

Rusty Kennedy, Dan Calihan and Pat Feeney with CBRE’s Phoenix office have been appointed the leasing agents for the building. Butler Design Group is the architect and Renaissance Companies will serve as the general contractor.

coldwater depot logistics center

Industrial: Coldwater Depot Logistics Center

Coldwater Depot Logistics Center

Developer: Trammell Crow Company
General Contractor: TBD
Architect: Butler Design Group
Location: 1110 N. 127th Ave., Avondale
Size: Phase 1 — 603,863 SF
The $27M (Phase 1) industrial building will consist of state-of-the-art warehouse design with ample trailer parking and truck maneuverability. The 56-acre can accommodate up to 1MSF of cross-dock distribution warehouse space. Expected completion is 4Q 2012.