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ViaWest Moving Forward on 2 Million SF Phoenix industrial Park
ViaWest plans to commence construction on 82 acres of a 144 site it purchased in Glendale, just outside of Phoenix. ViaWest paid $12 million for the land. The multi-phased industrial development known as The Base will consist of 15 buildings totaling nearly 2 million SF. The developers will commence work in early 2023.
The site is located in Phoenix’s Southwest Valley on the northwest and southwest corners of Litchfield and Bethany Home Roads. The Base will be developed in two phases. Phase 1 will include seven buildings ranging from 85,000 sq. ft. to 309,000 sq. ft., totaling 1,182,877 square feet. Phase 2 is proposed to include eight additional buildings ranging in size from 41,000 sq. ft. to 141,000 sq. ft., totaling 780,600 sq. ft.
CBRE’s Mark and Luke Krison facilitated the acquisition on behalf of ViaWest, and have been retained to market and lease the development. The seller was Airpark 30.
