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10/27/23
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ViaWest Group has broken ground on the final phase of the firm’s Goodyear Crossing Industrial Park, a Class A industrial development located at the southwest corner of Sarival Ave and West Elwood St, just southwest of Phoenix-Goodyear Airport. The project is being built by Stevens-Leinweber Construction.
This is the fourth and final building that ViaWest will develop at the project, which at completion will total four buildings and almost 500k sf. Like the other buildings within Goodyear Crossing Industrial Park, the 86.9k sf Phase II offers a design intended to fill the gap in metro Phoenix’s mid-size industrial inventory. It is being developed on a speculative basis.
"Goodyear Crossing Phase I was designed to address the growing demand for top-tier industrial facilities in the Valley, catering to smaller enterprises seeking the advantages of having their own free-standing building," said ViaWest Group Vice President of Investment & Development Alex Boles. "Our foresight was confirmed by the swift lease-up of all three Phase I buildings, pre-committed even before construction was finalized. This triumphant achievement emboldened us to embark on Phase II as a forward-thinking venture."
Goodyear Crossing Industrial Park Phase I totals 415k sf in a 284.3k sf Building A, 68.2k sf Building B and 58.5k sf Building C. By September 2022, all three of these buildings were pre-leased. They are now completed and fully occupied by four national and global tenants: Paramount Global Surfaces, leasing 144k sf; BC Recycling Asset Recovery Solutions, leasing 140k sf; R Restoration LLC, leasing 68k sf; and Georg Fischer, leasing 58k sf.
Features of the Phase II building include 32’ clear height, 15 dock positions, clerestory windows, 2k sf of speculative office space and generous power and parking. It also offers approximately three acres of yard space.
“Goodyear Crossing Phase II is unique in the market, providing the same functionality and highly sought-after size range as Phase I, but with the added benefit of a significant secured outside storage space,” said Lee & Associates Principal Jeff Conrad, who along with Principals Allen Lowe and Ryan Hingst serve as the exclusive leasing brokers for Goodyear Crossing Industrial Park. “These advantages make Phase II a desirable opportunity for manufacturing, logistics and warehouse type uses in the booming Goodyear market. We were proud to represent the successful lease-up of Phase I and anticipate a similar success at Phase II.”
Goodyear Crossing Phase II sits within an Opportunity Zone, offering capital gains tax incentives. It is located approximately three miles south of Interstate 10 and the Loop 303 interchange, and immediately north of State Route MC 85. It is a six hour drive to the Port of Los Angeles.
Construction completion on Phase II is anticipated by Summer 2024. The design architect is McCall & Associates and the construction architect is K & I Architects & Interiors. Kaeko is the civil engineer.
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