Done Deals: Graycor transforms former Sam’s Club in Phoenix, AZ into HUB 317 Distribution Center

Friday, November 30, 2018

Graycor transforms former Sam’s Club in Phoenix, AZ into HUB 317 Distribution Center

Rendering of Planned Hub 317 Office, Mezzanine Space and Distribution Center, Phoenix, AZ

PHOENIX, AZ – Graycor Construction Company has completed the redevelopment of a former Sam’s Club warehouse store into HUB 317, a fully speculative, Class A distribution center owned and developed by Colorado-based DPC Companies and Confluent Development.

The project marks DPC and Confluent’s first development partnership in the Phoenix industrial market, adding to DPC’s diversified local presence.

Todd Ostransky

HUB 317 is located on 12 acres at 317 S. 48^th St. in Phoenix, minutes from the Loop 202 and 143 freeways and Sky Harbor International Airport.

The project combines the renovation of a 115,286-square-foot former Sam’s Club building and Go Kart Track location with 109,645 square feet of new tilt-up industrial construction.

“This is what DPC is known for – taking outmoded projects and transforming them to modern-day opportunities for occupancy,” said Todd Ostransky, Graycor Construction Company Vice President of the Southwest Division.

“From an inventory standpoint, HUB 317 is a timely example of how to bring dark big box space like a Sam’s Club back into circulation. With demand for large-scale, close-in, Class A Phoenix industrial space at near record highs, the timing couldn’t be better.”

Chris McClurg

The project architect for HUB 317 is Ware Malcomb. Ken McQueen and Chris McClurg with Lee & Associates serve as the project’s exclusive leasing brokers.

Earlier this year, Sam’s Club announced it would close 50 stores across the U.S. Four of those properties are located in Arizona, including stores in Chandler and Scottsdale.

Now complete, HUB 317 represents almost 225,000 square feet of Class A shell space ready for immediate tenant improvement and move-in.

This includes fully modernized and renovated office, warehouse/distribution and mezzanine space with a 24-foot clear height and truckwell and grade-level loading.

Ken McQueen

The building addition features a 32-foot clear height with 25 dock-high loading doors.

Collectively HUB 317 includes 290 parking stalls, 3,000 Amps/480 volt power supply and freeway visibility with building and freeway monument signage opportunities.

The project is the first for Confluent in Phoenix. It adds to DPC’s local presence, which currently includes approximately 890,000 square feet of Phoenix office and retail holdings.