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5/18/21
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Baker Development Corporation (BDC) purchased a 28.4-acre parcel in Phoenix. The property, located at 1110 N. 52nd St, was formerly a Motorola semiconductor manufacturing facility.
The property located just north of Sky Harbor International Airport on Loop 202 at the 52nd Street exit, represents one of the few new Class A industrial projects in northeast Phoenix. BDC plans to build 800k sf of data center space or a 400k sf Class A industrial project, to be completed in 2022, on the site.
CBRE’s John Werstler, Cooper Fratt and Tanner Ferrandi represented BDC and the seller, Reich Brothers, in the transaction.
“Being located adjacent to SRP’s Pico substation makes this project extremely attractive to Data Center users, said Werstler. “In addition, the desirable northeast Phoenix demographics, high demand for Class A inventory, immediate access to the full interchange at Loop 202 & 52nd Street and high-brand visibility to the expressway makes this location extraordinary.”
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