GREYSTAR SECURES FIRST INDUSTRIAL LEASE AT CALIBER IN PEORIA, AZ

  

Kelly Royle

PEORIA, AZ– Greystar, a global leader in the investment, development and management of institutional-quality commercial real estate, has signed a lease with Gateway Classic Cars, representing its first tenant commitment at the three-building, Class A Caliber by Greystar industrial development in Peoria, Arizona.

Anthony
 Lydon

Under the lease, Gateway Classic Cars of Scottsdale will occupy 43,809 square feet in Greystar’s 122,863-square-foot Caliber Building B. Building B is part of the larger 411,918-square-foot Caliber industrial campus that also includes a 114,446-square-foot Building A and 174,609-square-foot Building C.

Anthony Lydon, John Lydon, Hagen Hyatt and Kelly Royle of JLL represent Greystar as the exclusive leasing brokers for Caliber. Hyatt and Sam Wetherby, also of JLL, represented Gateway Classic Cars in their lease negotiations.

John Lydon

“With divisibility down to 30,000 square feet, Caliber gives Gateway Classic Cars a very desirable space in the Peoria market, which has limited Class A industrial options,” said Hyatt. “We continue to field strong leasing interest in this project, and look forward to filling the remainder of its buildings.”

Caliber is part of Greystar’s $500 million, 88-acre Peoria Place master plan, which at build-out will include luxury apartments, build-for-rent homes and ground-floor retail in the heart of Peoria’s historic downtown.

Hagen Hyatt

As the world’s largest classic car sales company, Gateway Classic Cars operates 20 U.S. sales showrooms and an extensive online for-sale platform specializing in classic, exotic, muscle, vintage and antique cars.

“We strive to be active members within each of our showroom communities, including hosting a monthly, family-friendly collectible car showcase called Caffeine and Chrome at our locations across the nation,” said Ken Dusman, Director of Marketing at Gateway Classic Cars.

 “The Caliber development, and Greystar’s larger Peoria Place master plan, align perfectly with that effort. Access to the Loop 101 and Caliber’s modern building features were also critical in making this the ideal location for our sustained metro Phoenix presence.”

Ken Dusman

 “Greystar is a long-term developer and investor focused on building long-term tenant relationships. Our lease with Gateway Classic Cars exemplifies that process,” said Wil Hogue, Director – Industrial Development at Greystar. 

“Caliber gives Gateway flexible, well-priced, first-generation commercial-industrial space that will help maximize its operational success. We are thrilled to welcome Gateway Classic Cars to Caliber and to officially kick off our first lease at this stand-out project.”

 

Contact:

 Stacey Hershauer

focusAZ 

 P 480.600.0195

www.focusaz.com