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Rockefeller Group Acquires Land for N. Phoenix Distribution Center
The $40 billion Taiwan Semiconductor Manufacturing (TSMC) plant in North Phoenix is turning into an economic development driver. Rockefeller Group has joined a number of other companies who have purchased land near the plant. They paid $12 million for a 25-acre parcel on Sweetwater Avenue in Surprise, AZ, about a ten minute drive from the TSMC plant.
The company will develop Surprise Pointe Commerce Center, a 415,000-square-foot speculative distribution center, on the property. The project is designed to accommodate one to four tenants and offers 36-foot clear height, 83 dock doors, a 185’ truck yard, 103 truck trailer parking stalls, 466 auto-parking stalls and custom-designed office space. Surprise is part of the Southwest Valley industrial submarket.
Rockefeller’s Marc Berg added this, “People are flocking to Surprise and the surrounding areas. The area’s diversified economy and good employment base make the Surprise Pointe Commerce Center the ideal location for businesses adding jobs.”
- ◦Sale/Acquisition