LPC secures West Valley land to build Buckeye85 industrial project
Recognizing the growing demands of Phoenix’s supply chain infrastructure, LPC Desert West has closed on nearly 20 acres in the I-10 corridor for Buckeye85. The new 321,873-square-foot, Class A industrial project will deliver the location, flexibility and creative industrial amenities desired by mid-size users in today’s modern omnichannel marketplace.
“As e-commerce sophistication advances, we’re seeing more and more omnichannel strategies emerge. In the industrial space, the best omnichannel strategies cluster suppliers, manufacturers and warehouses close to one another to improve their collaboration, cut costs and safeguard a consistent customer experience,” said David Krumwiede, Senior Executive Vice President for LPC Desert West, the Southwest region of Lincoln Property Company (LPC). “Buckeye85 is designed for modern, mid-size requirements operating at the very center of this chain.”
Located at the southwest corner of 103rd Avenue and Buckeye Road/MC-87 Highway, Buckeye85 sits within a world-class e-commerce market, home to companies like Amazon, Carvana, McKesson, Pepsico, Kroger and Home Depot.
“Companies have recognized Phoenix as a manufacturing and distribution hot spot and they are eager to capitalize on that growth,” said LPC Desert West Vice President John Orsak. “A key first step is to establish a location like Buckey85 that is near the Valley’s major industrial operations and the succession of opportunities that they represent.”
When complete, Buckeye85 will provide maximum functionality, with spaces divisible to 100,000 square feet and features such as 36’ clear height, full concrete truck courts, a 94-door cross-dock configuration and state-of-the-art freezer/cooler capabilities.
“The building will also offer creative amenities that are often only found in Class A office buildings,” said LPC Director of Real Estate Nick Nudo. “This includes touchless technology throughout the building, generous use of clerestory windows that provide sky views and let in abundant natural light, and a best-in-class outdoor amenity space.”
The amenity space will include shaded and landscaped areas, built-in barbeque equipment and seating for outdoor relaxing, dining and games.
Buckeye85 is two miles from a full-diamond interchange at I-10 and 107th Avenue, and is located within a Foreign Trade Zone.
Construction on Buckeye85 is scheduled to begin in April and deliver by year-end 2021. The project architect is Butler Design Group. The civil engineer is Hunter Engineering.
Other recent West Valley industrial developments by LPC include the 901,770-square-foot Lincoln Logistics 40 at I-10 and Bullard Avenue in Goodyear, Arizona, and the just-completed, 1.25 million-square-foot Park303 fronting the east side of the Loop 303 between Bethany Home Road and Glendale Avenue in Glendale, Arizona.
To discuss leasing, investment or property management opportunities with Lincoln Property Company in the Desert West region, please call David Krumwiede or John Orsak at (602) 912-8888.