The next important step has been taken in the development and building of a new industrial park in metropolitan Phoenix.
CRB, handling development projects for the Clayco company of Chicago, has finalized the purchase of 260 acres for the creation of an industrial park near Loop 303 in Glendale.
The project is seeing CRB in a partnership with Bird Dog Industrial, an entrepreneurial real estate investment firm based in Phoenix specializing in the acquisition and development of industrial properties.
Last fall Bird Dog announced the launching of the Power 202 Business Park in Mesa, a 19-acre industrial park seeing the construction of office, warehouse and light industrial structures.
The new Glendale project, to go up at the intersection of Reems Road and Northern Avenue, is called the Cubes at Glendale and will include 1.1 million square feet of speculative warehouse space.
The buildings will feature 40-foot clear heights, well over 200 dock doors, and 50 foot by 56 foot column spacing.
In a statement, Mark Sonnenberg, founder of Bird Dog Industrial, said the Cubes at Glendale is being developed “with multiple opportunities for speculative development, build-to-suits, and shovel ready lot sales.”
Ultimately, the Cubes at Glendale site is expected to measure 336 acres, with a total building footprint of 5.5 million square feet.
By Garry Boulard
Get stories like these right to your inbox. Sign up for our newsletter