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| Former Sam's Club site, now a new manufacturing facility in Phoenix, AZ for Institutional CBD oil and isolate supplier Integrated CBD |
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| Andrew Medley |
PHOENIX, AZ, July
17, 2019 – Institutional CBD oil and isolate supplier Integrated CBD has
announced it will open its first U.S. manufacturing location and hire
approximately 100 employees at HUB 317, a 225,157-square-foot project that in
2018 was renovated from a former Sam’s Club into a state-of-the-art, Class A,
freeway visible flex industrial campus.
Integrated
CBD will use its new space at HUB 317 for CBD oil extraction, processing,
custom formulating and research and development.
The facility is intended
to provide industrial hemp-derived CBD ingredients and bespoke formulations to
Fortune 500 customers in the cosmetic, supplement, nutraceutical,
pharmaceutical and food and beverage industries.
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| Steve Larsen |
The new facility is
expected to generate more than 100 new jobs including high-skilled and high-paid
senior level management, sales and research and development positions.
The
company is scheduled to take occupancy at HUB 317 during the fourth quarter of
2019.
JLL Managing Director Andrew Medley
and Executive Vice President Steve Larsen represented Integrated CBD.
Ken
McQueen, Chris McClurg and Brian Payne represented the owner and developer,
a joint venture between Denver-based DPC Companies and Confluent Development.
“This
facility marks a major milestone in this new industry,” said Jeff Dreyer, Chief
Operating Officer and Co-Founder of Integrated CBD. “Our location at HUB 317
will be largest throughput and most efficient CBD oil extraction plant in the
United States.”
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| Ken McQueen |
HUB 317 is
located on 12 acres at 317 S. 48th 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 with 109,645 square feet of new tilt-up industrial construction to
create a fully modernized flex industrial campus.
Features
of the new development include renovated office, warehouse/distribution and
mezzanine space with 24- to 32-foot clear height, truckwell, grade-level and
dock high loading options, 290 parking stalls and a 3,000 Amps/277-480 volt
power supply.
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| Chris McClurg |
The property’s location just east of State Route 143 and just west of the Loop 202 will give Integrated CBD exceptional access to major transportation corridors as well as freeway visibility with building and freeway monument signage opportunities.
“HUB 317 is
an ideal property for Integrated CBD, giving them a centralized and efficient
supply chain location and brand new, state-of-the-art industrial space that not
only provides extensive power but is also scalable to accommodate the company’s
strong projected growth,” said Medley.
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| Jeff Dreyer |
Graycor Construction Company was the general contractor and Ware Malcomb was the project architect.
Contact:
Stacey
Hershauer
Phone: +1 480 600 0195
Phone: +1 480 600 0195
Email: stacey@focusaz.com
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