Sun State Builders (SSB) has announced the completion of a new 100K Sq ft. warehouse for CorLiving Distribution LLC. in Tolleson, AZ. The end user client, CorLiving, is based out of Surrey, British Columbia. The facility features concrete tilt construction, 30 ft. clear height, ESFR sprinkler system, (16) 48” truck docks with pit levelers. The new building is highlighted by a Showroom and Executive Offices. This project was a design-build partnership between SSB, CorLiving, and Winton Architects, Inc. serving as the project architect.
Colliers International in Greater Phoenix recently completed the sale of 21.2 acres of land in Tolleson, where a 386,100-square foot cross dock distribution building is to be completed by December of this year.
First Industrial Realty Trust Inc., a Chicago-based publically-traded REIT, purchased the land and teamed up with Merit Partners Inc. of Phoenix to develop the site, located at the northeast corner of 94th Avenue and Buckeye. First Industrial will be the 100% owner of the building and expects to invest a total of $21.1 million in the facility.
The transaction was negotiated by Payson MacWilliam and Don MacWilliam, executive vice presidents, and Jimmy Leaf, associate, with Colliers International.
The development team is headed by Kevin Czerwinski, president of Merit Partners and a 30-year veteran of commercial real estate in the Valley. Prior to founding Merit Partners, Czerwinski led the Phoenix region for First Industrial and was responsible for the acquisition, development and sales of more than $1.2 billion of industrial and flex properties.
Sun State Builders of Tempe will construct the Class A building. It will offer 36-feet clear height, cross dock configuration and state-of-the-art features.
Mattress Firm has signed a long-term lease for 170,000 square feet represented by Daum Commercial Real Estate Services of Phoenix’ Steve Bodeman, executive vice president of Daum in association with Damian Rivera, president of national account services for E Smith Realty Partners of Dallas. Mattress Firm will take occupancy of its lease upon the building’s completion.
Colliers represented the owner, First Industrial Realty Trust, in the lease transaction. The remaining 216,000 square feet is available to lease.
“The timing of the new building was perfect for Mattress Firm’s expansion from their current location right next door,” said Bodeman. Payson MacWilliam added, “The development team was creative to allow this lease to occur.”
Merit Partners specializes in acquisitions, development, asset repositioning, leasing, operations and sales of industrial, flex and office properties. First Industrial Realty Trust owns and has under development more than 64 million square feet of distribution centers and other industrial facilities in the nation’s top markets.
Cassidy Turley announced today that they have been awarded the leasing assignment for Pecan Promenade, a ±40 acre, ±336,023 square foot (sf) retail center on the northeast corner of 99th Avenue and Lower Buckeye Road by the property’s new owner, CIRE Equity of La Jolla.
Cassidy Turley’s Brad Douglass and Chris Hollenbeck have the leasing assignment for the retail power center. Pecan Promenade has ±16,968 available for lease with shops available from ±1,274 to ±6,000 sf. Anchor tenants at Pecan Promenade include Target, Ross Dress for Less, Rainbow Apparel, Dollar Tree, L.A. Fitness, Kirkland’s, Starbucks, Jack in the Box and Taco Bell.
“We are very excited to work on another property with CIRE Equity; they are a great owner and bring a creative energy to their assets,” according to Mr. Douglass. “Pecan Promenade has strong national tenants in-place and is an excellent opportunity for retailers to locate in a neighborhood center surrounded by a growing daytime business population and established residential neighborhoods.”
Pecan Promenade is located just south of Interstate 10 on major east/west and north/south arterial streets in the West Valley. The household income within a five mile radius of the center is more than $59,000.
Cassidy Turley announced that Inland Kenworth has purchased 17 acres at the southwest corner of 83rd Avenue and Interstate 10 for nearly $5M. The seller was Rados Properties—Arizona Land, LLC.
Cassidy Turley Senior Vice President Steve Mardian represented Inland Kenworth in the sale transaction. Allen Lowe, Principal with Lee & Associates, represented Rados Properties.
According to Greg Sternberg, Vice President, Inland Kenworth (US) Inc., “Inland will provide new and used truck sales, parts sales, service sales, body shop repair and PacLease truck leasing and rental in our new location, and will employ between 110-150 employees with sales between $150M and $200M.”
Inland plans to build an 85,000 to 100,000-square-foot facility at the 83rd Avenue location with a target completion of late fall 2014. Nineteen years ago, Inland built its current Phoenix location on 59th Avenue just south of I-10 and in late 2012, sold it to the Arizona Department of Transportation to accommodate the upcoming South Mountain Bypass project. Mardian explained, “Inland Kenworth was looking for a location that provided them with good visibility and great ingress and egress to the site for their customers. Finding 17 acres in Tolleson that was part of the undeveloped business park was a bonus, as that became the catalyst for developing the entire park to support other commercial transportation businesses.”
“The addition of Inland Kenworth to our community affirms the city of Tolleson’s firm grasp on trucking commerce in the southwest region,” said Tolleson’s Mayor Adolfo F. Gámes. “This is the third truck sales, parts and service provider to locate in our city. We are pleased that our years of investment in industrial development are now paying off for our community in the form of retail development.”.
Inland will be the first occupant of a new 85-acre business park in Tolleson. Rados Properties is developing the park with improved lots starting at approximately four acres available for sale. Les Brown, Operations Executive for Rados Properties, explained, “We are delighted to have concluded this sale to Inland Kenworth, especially since they have previously purchased land from us in Tucson for their facility there. We expect Rados Tolleson Center to be a very successful project because we have a great anchor tenant; the City is business friendly; the site has great freeway exposure; and it is ideally located for the sale and distribution of goods and products to the southwestern United States.” Lee & Associates has the marketing assignment for the business park.
Sun Valley Solar Solutions has been awarded a 1.7MW solar PV project for the Gatorade bottling and packaging facility in Tolleson, Arizona.
The project attracted interest from six leading solar energy companies from across the U.S. Chandler-based Sun Valley Solar Solutions assembled the winning bid that includes all engineering, procurement, and installation services.
“We really wanted to find a team that could deliver the complete package-from design and installation, to ongoing support,” explained Tom Schaefer, Director of Resource Conservation for PepsiCo. “While there were several very solid contenders, Sun Valley Solar Solutions delivered on all the key metrics required for a project this size. I’m confident that we’ve selected a great partner for this job, and thrilled that the project went to a local team.”
Sun Valley Solar Solutions begins construction at the Tolleson plant this month. The project, which will be fully constructed by the end of 2013, is expected to provide over 3 million kWh of energy annually.
“Gatorade understands the positive impact that clean energy can bring to the bottom line as well as to the community around them,” commented Curt Hilliker, VP of the Commercial Division at Sun Valley Solar Solutions. “Their leadership plays an important role in driving the acceptance of commercial-scale solar energy, and we’re tremendously excited to partner with them on such an important initiative.”
Salt River Project employees are turning their volunteer hours into much-needed funds for the nonprofit organizations they assist through the SRP Dollars for Doers program.
The program contributes funds, ranging from $250 to $1,000, directly to community nonprofits based upon the number of volunteer hours donated during the 2012 calendar year by SRP employees. The grant program is designed to provide funding to nonprofit agencies that are also supported by the volunteer efforts of SRP employees.
“SRP has a distinct heritage built upon responding to the needs of our customers and the communities in which they live, and we recognize the value of providing support to organizations whose programs are improving the lives of our community,” said Jen Martyn who manages the SRP Volunteer Program.
SRP donated $94,500 to 106 nonprofit agencies in which 141 SRP employees donated more than 29,000 hours of their time and experience in cities throughout the Valley, including Avondale, Camp Verde, Casa Grande, Chandler, Douglas, El Mirage, Gilbert, Glendale, Higley, Litchfield Park, Mesa, Page, Peoria, Phoenix, Pine Top, Queen Creek, San Tan Valley, Scottsdale, St. Johns, Tempe and Tolleson and Tucson.
Employees contributed to their community in a number of ways, including:
· coaching youth football, baseball, soccer and swimming,
· providing children with special needs horse therapy rides,
· ushering during arts and cultural events,
· preparing meals for those in need,
· mentoring and providing leadership to youth and
· assisting schools through parent-teacher organizations and booster clubs.
The Maricopa Association of Governments (MAG), in partnership with West Valley cities and through extensive input from residents, has completed a transit system study that identifies a local transit plan for the Southwest Valley.
MAG has worked in partnership over the past year with the cities of Phoenix, Avondale, Goodyear, Tolleson, Litchfield Park, the town of Buckeye, Maricopa County, and Valley Metro in developing the plan, which is based on the transportation needs and priorities identified by more than 2,000 Southwest Valley residents. Residents prioritized a local transit system that is accessible, affordable, convenient, and connects to regional transit services.
The short-, mid- and long-term strategies in the plan for local transit services will guide communities in implementing new services as additional revenues become available.
A drop-in open house will be held this week to enable residents to see the plan maps and talk to the project team:
Wednesday, March 20, 2013
Centerra Mirage Elementary School
15151 W. Centerra Dr. South
The executive summary of the plan will be posted to the project website March 13th at http://www.azmag.gov/Projects/Project.asp?CMSID=4173. The full plan will be posted shortly thereafter. For more information, please contact Jorge Luna, MAG transit planner, firstname.lastname@example.org or by calling (602) 254-6300.
A major lease was recently completed at Westside Business Park Bldg 4, 8602 W. Buckeye Rd. in Tolleson.
The 8-year, 238,450 SF lease transaction is for more than 40% of the 535,213 SF warehouse.
Lee & Associates principals Allen Lowe and Matt Hobaica negotiated on behalf of the lessor, LBA Realty of Irvine, Calif. Tony Lydon and Marc Hertzberg of Jones Lang LaSalle represented the tenant, Communication Test Design of West Chester, Pa.
The Class A industrial building was built in 2007 and is part of the 66-acre Westside Business Park. The building features 32-foot clear height, 44 dock doors, 2 grade level doors and excellent access to Interstate 10 and Loop 101 freeways.
“This property is in a choice location and provides the structural amenities the tenant was looking for,” Lowe said. “A long-term lease commitment maximizes value for both sides. It’s a win-win.”
Communication Test Design will take occupancy this October.