Phoenix & Southwest + Phoenix + Industrial | January 6, 2021

Atlanta Firm Acquires 41 Acres, Plans Goodyear Spec Development

Atlanta-Based MDH Partners bought roughly 41 acres in Goodyear from Merit Partners for an undisclosed amount. The commercial real estate development firm plans to construct Gateway 303, a two-building more than 600,000-square-foot speculative industrial project.

MDH Partners’ Matt Gregory says, “Mid-size tenants have very few available options along the 303 Corridor, so Gateway 303 will provide them the needed supply to continue the area’s high-quality growth.”

One building is planned for 362,270 square feet and will feature 36-foot clear heights, as well as parking for 333 cars and 81 trailers. The second building will total 238,854 square feet with 32-foot clear heights, 268 car parking spaces and 43 trailer parking spaces.

Gateway 303 sits in a Foreign Trade Zone and is part of PV|303, a 1,600-acre master-planned business park.

CBRE’s Rusty Kennedy assisted the buyer and will lease the project, slated for delivery in late 2021. CBRE’s Pat Feeney and Dan Calihan represented the seller.

Get CRE News in 150 words

For comments, questions or concerns, please contact Dennis Kaiser

Connect

Inside The Story

Connect With MDH Partners’ GregoryConnect With Merit PartnersConnect With CBRE’s Kennedy

About Dennis Kaiser

Dennis Kaiser is Vice President of Content and Public Relations for Connect Commercial Real Estate. Dennis is a communications leader with more than 30 years of experience including as a journalist and in corporate and agency marketing communications roles. He is responsible for Connect’s client content operations and is involved in a range of initiatives ranging from content strategy, message development, copywriting, media relations, social media and content marketing services. In his most recent corporate communications roles, he led a regional public relations effort across Southern California for CBRE, played a key marketing role on JLL’s national retail team, and was responsible for directing the global public relations effort at ValleyCrest, the nation’s largest commercial landscape services company. In addition to his vast commercial real estate experience, Dennis has worked on communications and launch strategies for a number of residential projects such as Disney’s Celebration in Florida, Ritter Ranch in Palmdale California (7,200 homes, 22,000 acres), WaterColor in Florida and PremierGarage in Phoenix. Dennis’s agency background included firms such as Idea Hall and Macy + Associates. He has earned an outstanding reputation with organization leaders as a trusted advisor, strategic program implementer, consensus builder and exceptional collaborator. Dennis has developed and managed national communications programs for Fortune 500 companies to start-ups, both public and private. He’s successfully worked with journalists across the globe representing clients involved in major-breaking news stories, product launches, media tours, and company news announcements. Dennis has been involved in a host of charitable and community organizations including the American Cancer Society, Easter Seals, BoyScouts, Chrysalis Foundation, Freedom For Life, HOLA, L.A.’s BEST, Reach Out and Read, Super Bowl Host Committee, and Thunderbirds Charities.

Order Reprints