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6/27/22
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LPC Desert West plans to develop I-10 International, a Class A industrial development totaling over 1 msf in the Tucson, AZ airport submarket. LPC acquired the land, 77 acres just minutes from both Interstate 10 and Tucson International Airport, from Tucson-based real estate development and investment company Diamond Ventures.
Plans for I-10 International include four warehouse/distribution buildings totaling 476k sf, 214.9k sf, 188.3k sf and 158.9k sf. All buildings will be state-of-the-art cold storage capable with other features including 32’- 36’ clear height, 14’ tall glass entrances, full concrete truck courts and an R-38 insulated roof deck system.
Like all new LPC Arizona industrial developments, I-10 International will follow a “creative industrial” vision, incorporating lifestyle amenities unique to the industrial sector and designed to increase employee health, comfort and efficiency. These include touchless technology, generous use of clerestory windows to let in abundant natural light and a best-in-class outdoor amenity space to include landscaped areas for outdoor seating and relaxing.
I-10 International is located at the southeast corner of Alvernon Way and Los Reales Road, two miles from a full-diamond interchange at I-10 and Valencia Road and directly northwest of Tucson International Airport. It sits within a Foreign Trade Zone and a world-class e-commerce market that is home to companies like Amazon, Home Goods, Pepsi, FedEx, DHL, Intuit and Raytheon.
“This site has tremendous location advantages, being proximate to I-10, I-19 and Tucson International Airport, with direct connection to major ports and cities in the U.S. and Mexico,” said Lincoln Property Company Vice President Doug Klocke. “We have designed I-10 International to operate efficiently, to provide added comfort for employees, and to take full advantage of this location, which includes the ability to distribute product to 46 million people within a 500-mile radius.”
Construction on I-10 International is scheduled to begin Q2 2022 and complete Q2 2023. The project will be built in two phases, with Phase I including the 192.6k sf, 176k sf and 142k sf buildings, and Phase II including the 476k sf, cross-dock building. Butler Design Group and Ware Malcomb are the project’s architects, along with Rick Engineering as the civil engineer. A general contractor has not yet been selected.
Keri Lazarus Silvyn, Esq. served as entitlement counsel for LPC in the deal. LPC Desert West is the Southwest division of Dallas-based Lincoln Property Co.
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