ViaWest Group is one step nearer to start building on an industrial park that includes 15 buildings with almost 2 million sq. toes of house.
The agency acquired a 82-acre website in Glendale, Ariz., for the undertaking’s first section. Airpark 30 LLC, an entity related to Domres Grading Inc., bought the parcel for $12.5 million, public information present. CBRE brokered the transaction.
The Base Industrial Park will come on-line on a complete of 144 acres. The event’s first section, deliberate for the northern a part of the location, is ready to comprise seven buildings between 85,000 and 309,000 sq. toes. The second section, to be positioned on the southern part of the land, will embody the development of eight extra buildings starting from 41,000 to 141,000 sq. toes. ViaWest plans to interrupt floor on Part I, in addition to purchase the remaining acreage, in 2023.
A brand new industrial park within the West Valley
Upon completion, The Base will function clear heights between 28 and 36 toes, ESFR sprinkler methods, concrete truck courts, R-28 insulation, dock-high and grade-level loading and a pair of,235 parking areas. There can be a middle drive for automobiles and perimeter circulation for vehicles.
First tenant move-ins are anticipated in early 2024. CBRE’s Mark Krison and Luke Krison, the brokers concerned within the land sale, can even spearhead all leasing efforts on the property.
Located on the intersection of Litchfield and Bethany Residence Roads, the event website is simply east of the Luke Air Drive Base, subsequent to a ship and RV storage facility in addition to the Dreaming Summit group. The encircling space is house to different giant industrial tasks equivalent to Nestle USA’s future manufacturing plant and Hatcher Industrial Park.
In one other a part of the nation, ViaWest just lately acquired land in partnership with Clarion Companions. The 25-acre website in Salt Lake Metropolis will equally be developed for industrial house.
