Energy Storage Supplier Inks 530K-SF Lease in Goodyear

Although it has seen success in its shipping container business, GTI Fabrication has experienced a boost in demand from energy storage over the past few years.

GTI signed a six-year, full-building lease for a 530,307-square-foot building at Lakin Park in Goodyear, located at the southwest corner of Cotton Lane and MC 85 along the future State Route 30. It will use the facility for light manufacturing and assembly of battery casings.

Clarius Partners and Walton Street Capital are developing Lakin Park, which will total 4.5 million square feet at buildout.

GTI first expanded to Phoenix last year, moving into an 80,000-square-foot space to focus on battery energy storage systems through GTI Energy.

The company’s services will support the growing clean energy sector in the Phoenix region, which has attracted battery manufacturers LG Energy Solution and KORE Power, electric vehicle makers and a increasing number of energy storage projects.