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| Robert Guerena |
“Phoenix has demand
swelling on many levels and across numerous submarkets, and we plan accordingly
with projects that are diversified in location, product size and function,”
said GO Industrial Managing Partner Robert Guerena.
“Our two latest projects reflect the requirements of their own unique submarkets, with GO | 99 North targeting the global industrial users of the established West Valley and GO | AZ Ave responding to demand from the East Valley’s rapidly emerging and highly innovative middle market.”
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| Andy Markham |
The architect for both
projects is DLR Group. General contractors have not yet been selected.
Representing the broad
demand for Phoenix industrial space, the projects are located at Buckeye Road
and 99th Avenue in Phoenix’s West Valley, and along Arizona
Avenue, near Germann Road and just south of the Loop 202 freeway in Chandler,
Arizona, in Phoenix’s East Valley.
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| Mike Haenel |
It is the continuation
of GO Industrial’s 1.3-million-square-foot GO | 99 industrial project, now
under development at the same intersection.
Together, the two
projects will bring a total of 2.4 million square feet to the market.
The East Valley
project is GO | AZ Ave, also a single building, totaling 181,655 square feet on
10 acres and representing GO Industrial’s debut in the East Valley submarket.
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| Phil Haenel |
It is scheduled to
break ground during the third quarter of 2022. GO | AZ Ave. will feature 32’
clear height, concrete truck courts, 53 trailer and 212 auto parking stalls. It
is scheduled to break ground during the second quarter of 2022.
Both projects will be
delivered AC ready, and both land sites were purchased from private individuals
for a collective price of approximately $40 million.
CONTACT:
Stacey Hershauer
480.600.0195
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