|
|
8/18/22
|
Merit Partners, First Industrial Realty Trust and Diamond Realty Investments have broken ground on Phase One of C|303, a Class A modern industrial logistics park situated in the heart of metro Phoenix’s Loop 303 industrial corridor. At build-out, the project will occupy one full mile of Loop 303 frontage. Stevens-Leinweber Construction serves as the Phase One general contractor. Butler Design Group is the Phase One architect.
Phase One of C|303 spans almost 113 acres and more than 1.75 msf at the northwest corner of Loop 303 and Camelback Rd. Construction on Phase One begins this month and includes three buildings totaling 375.7k sf (Building A), 420.5k sf (Building B) and 958.8k sf (Building C). Building C is slated for completion by July 2023, with the other two buildings expected to be completed by September 2023.
C|303 Phase One reflects the development’s modern design, with features such as 40’ clear height, up to 70’ speed bays and 8” reinforced floors. Phase Two will offer an additional 1.4 msf of future speculative development, or is available now for build-to-suit opportunities.
The C|303 logistics park is served by full-diamond Loop 303 interchanges at Camelback and Bethany Home roads. It is four miles from Interstate 10 and 2.5 miles from Northern Parkway, an I-10 reliever expressway providing workforce connectivity between the Loop 303, Central Phoenix and Glendale.
C|303 is also 30 minutes from Sky Harbor Airport and less than a four-hour drive from Southern California’s Inland Empire, providing proximity to the ports of Los Angeles and Long Beach. Locally, tenants at C|303 will have access to more than five million residents within 30 minutes.
The site is Foreign Trade Zone capable, sitting within a hub of corporate users including Best Buy, Dick’s Sporting Goods, Mlily, REI, Sub-Zero, UPS, White Claw, Williams Sonoma and XPO Logistics.
Anthony Lydon, Marc Hertzberg and Riley Gilbert with JLL will serve as the project’s exclusive leasing brokers.
“Requirements for industrial space have become increasingly sophisticated, but C|303 has anticipated those needs,” said Merit Partners President Kevin Czerwinski. “Its diversity of buildings and connectivity will support cutting-edge logistics and supply chain users. These are exciting opportunities in the Loop 303 corridor that underscore the depth and breadth of our market.”
|
|
 Return to the Archive page
|
|
|
|
|
Printer-friendly Version
Email an Associate
