Westcorea leading industrial real estate acquisition, development and asset management firm
“Fairway 10 is our first speculative development in the rapidly expanding Phoenix industrial market, and we’re already seeing encouraging tenant interest,” said Hack Adams, managing director at Westcore. “Tens of millions of consumers in the Southwest U.S. and Northern Mexico are within a day’s drive from warehouses and e-commerce facilities located in the greater region, driving continued demand for quality industrial space.”
Fairway 10The fenced and secured project fronts Interstate 10 and sits between two diamond interchanges at Fairway Drive and Avondale Blvd.
“We’ve made a number of investments in the Phoenix area this year,” said Adams. “Southwest Phoenix has emerged as one of the most vibrant industrial markets nationally, and it remains a strategic market for growing our portfolio.”
According to JLL’s third quarter 2020 Industrial Insight report, 81% of the more than 6 million square feet of warehouse and distribution space absorbed in Phoenix this year came from Phoenix’s West Valley.
Anthony Lydon, Marc Hertzberg and Riley Gilbert of JLL are marketing Fairway 10.
“Our strong broker partnerships are key to our success,” said Adams. “We appreciate Bo Mills bringing this opportunity to our attention, and we are glad to be working with Tony, Marc and Riley to market the project, as they were instrumental in our ability to quickly assess the development opportunity.”