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8/25/21
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Phase 2 at Trammell Crow Company’s Park Aldea project in Phoenix will include 570.6k sf of Class A in-fill logistics space across four single-story buildings available for lease or sale to users. Construction is slated to begin in Q4 2021 and will be complete during Q3 2022.
Buildings A, B, and C within Phase 2 will be rear-loaded facilities that span 138.2k sf, 90.3k sf and 90.5k sf, respectively. These facilities can accommodate users ranging in size from 25k sf to full-building users. Building D is a cross-dock facility spanning 251.6k sf and is designed to accommodate up to four users. Features of each facility include private secured concrete truck courts, 32’ to 36’ clear heights, ample power, ESFR fire sprinklers, 180’ to 310’ building depths, and R-38 insulation.
“We expect that demand for Class-A logistics space will continue to increase over the coming years, especially due to the lack of available land,” said Ryan Norris, Vice President at Trammell Crow Company Phoenix. “Building D will benefit in that it is the only logistics offering above 180k sf that is situated along the West Loop 101 Fwy. This will attract larger users that need to service the West, Central and Northern portions of the West Valley, an area known as one of the most desirable general industrial and manufacturing zones in metro Phoenix due to its strong labor pool and growing population.”
Park Aldea Phase 2, like its sister project at Phase 1, will benefit from immediate access to a full diamond interchange along the Loop 101 and ease of access to the I-10. The site is 20 minutes from Downtown Phoenix and Sky Harbor International Airport, and within a five-minute drive to State Farm Stadium, Camelback Ranch, and the Westgate Entertainment District.
Leasing for Phase 2 is being handled by the CBRE team of Cooper Fratt and Tanner Ferrandi.
TCC completed the first phase of Park Aldea in 2020. The development includes 356k sf across four buildings. Current occupants at Phase 1 include CAVCO Industries, Green Worldwide Shipping, Arnold Machinery Company, PinderNation Electric, and Summit Electric Supply Co.
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