VanTrust Planning 660KSP Spec Industrial in GLDE
Source: VanTrust Real Estate VanTrust Real Estate recently acquired 76.4-acres of land at Sarival Road and Maryland Avenue along the Loop 303 corridor in Glendale. VanTrust plans to break ground in October on a 660KSF speculative industrial building to be completed in June of 2021. The site offers access to the entire Valley and provides distribution tenants with a convenient transportation corridor to […]
Real Estate Leaders See Value in Coworking
Source: Cushman & Wakefield Cushman & Wakefield, a leading real estate services firm, has released a report that reveals corporate perceptions of the value of flexible workspace and coworking strategies. Cushman & Wakefield partnered with CoreNet Global, a worldwide association of corporate real estate executives, to survey more than 550 key commercial real estate (CRE) […]
$53M Class-A Industrial Project Coming to W. Phx
Source: Marwest Enterprises Marwest Enterprises is pleased to announce the successful joint venture for its new development known as Logic Park 91. The project consists of three buildings totaling 720KSF on 44 acres. The new $53M, Class-A industrial project will be located at the intersection of 91st Avenue and Buckeye Road in Phoenix. The project […]
Eisenberg Company to Deliver New Industrial Projects
Source: Cushman & Wakefield Eisenberg Company, a Phoenix-based development company, announced two new industrial projects delivering in the fourth quarter of 2019. The projects, Avondale 107th and Washington 83, are slated to start construction this quarter and will total a combined 533.5KSF. “We are excited to bring two first class projects online to meet the […]
249-unit Bella Encanta Moving Ahead in Mesa
By Roland Murphy for Arizona Builder’s Exchange After a tenacious lobbying attempt to persuade Mesa planners to revise a 30-year-old land use designation that never bore fruit, negotiations with city staff have resulted in a turnaround for developer Bela Flor Communities, LLC. The company is moving with its intent to build its proposed mixed-density residential […]
3 Major CRE Sectors Show Continued Strength
By Roland Murphy for Arizona Builder’s Exchange Cushman & Wakefield last week issued their Q4 2017 Metro Phoenix MarketBeat reports for Industrial, Office and Retail, noting high degrees of activity across all three sectors. Industrial Industrial posted an overall vacancy rate of 7.9 percent for the quarter. Twelve of the 17 submarkets showed positive absorption […]
329KSF Tolleson Logistics Center Planned
Source: Trammell Crow Company Trammell Crow Company and an institutional investor have partnered to acquire a 22.2-acre site at the SWC of 99th Avenue and Van Buren Street for the development of the Tolleson Logistics Center, a new 329KSF Class A industrial building. Construction on the new facility is scheduled to begin sometime this quarter. […]
Chewy.com to Build 800KSF Dist. Center
By Roland Murphy for Arizona Builder’s Exchange PetSmart subsidiary Chewy.com will build an 800KSF distribution center in Goodyear, according to a recent report in Business Real Estate Weekly of Arizona. Other sites in the Valley, as well as in Las Vegas, were considered before the company settled on a nearly 49-acre parcel in the Airport […]