Goodyear, about 30 miles west of Phoenix, has seen explosive growth of late in all real estate sectors, industrial included. A fund under CIM Group control signed a lease with NPSG Global, a full-service property management and consulting company specializing in industrial sites.

CIM principal Shaul Kuba says sites like the Goodyear project are highly sought after. “Demand remains strong for modern, well-located industrial facilities such as our Goodyear property. Industrial buildings are required to meet ever-expanding logistics requirements, and third-party logistics providers such as NPSG are aiding businesses to quickly gear up operations that are the backbone of efficient product delivery.”

The park, known as 2250 E. Litchfield, is only five hours from Southern California. The property offers access to I-10, Loop 303, Union Pacific Railroad and Phoenix’s Sky Harbor Airport.