GO Industrial Embarks on First Phoenix Metro Development
Phoenix-based GO Industrial recently embarked on its first metro Phoenix development, purchasing 77 acres in the West Valley submarket for the development of GO | 99. The new project will total three buildings and more than 1.2 million square feet.
GO Industrial purchased the land site for $23.55 million. It will break ground in December, with completion expected during fourth quarter 2022.
“GO | 99 will reflect our unique brand of high-quality highly functional industrial real estate with diverse product sizes that will allow us to capture the most prominent e-commerce and logistics users in the growing Phoenix market,” said Robert Guerena, GO Industrial managing partner.
GO | 99 is located at the southeast corner of Buckeye Road and 99th Avenue. It is just south of the Interstate 10/Loop 101 interchange along the newly expanded Buckeye Road corridor.
“Year to date, the Phoenix industrial sector has absorbed 12 million square feet and tenant demand continues to remain extremely robust. These buildings cater to what current tenants are demanding,” said Cushman & Wakefield’s Andy Markham.
Markham and Mike Haenel, both executive managing directors representing GO Industrial in the GO | 99 land acquisition, will serve as the project’s leasing brokers.
The project architect for GO | 99 is DLR Group and the general contractor is Willmeng Construction. Arcadia Management Group will serve as the project’s property manager.
Lisa Brown has decades of experience in corporate communications and marketing management with organizations including Coldwell Banker Residential, Grubb & Ellis, Marcus & Millichap, NAIOP, SIOR and ALM.
In those positions, she worked in conjunction with chief executive officers and chief marketing officers to create corporate messaging, cohesive branding standards, strategic marketing plans and thought pieces. Brown is a frequent speaker at industry events and an editing adjunct professor for an online course. She has a master’s degree in mass communications from San Jose State University.
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