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Phoenix & Southwest  + Phoenix  + Industrial  | 

Hines Plans 1.1M-SF Spec Development in PHX’s West Valley

Houston-based Hines, together with funds managed by Oaktree Capital Management, L.P., bought 75 acres in Glendale for the future development of two speculative industrial buildings totaling more than 1.1 million square feet combined. The project, off Loop 303 between Glendale Avenue and Bethany Home Road, will be known as “G303” – short for Glendale 303.

The two-phase state-of-the-art industrial/logistics park’s first phase will consist of 569,520 square feet and feature 40-foot clear heights and 50- by 56-foot column spacing with 60-foot speed bays. G303 is set to break ground in July 2020, and delivery is scheduled for Q1 2021.

Hines’s Courtney Schneider says, “G303 fills a void in the West Valley for tenants looking for 500,000-600,000 square feet of space. We are confident that not only our building size, but the direct access to Loop 303 and competitive rates will be well received in this submarket.”

JLL’s Marc Hertzberg, Tony Lydon, Bill Honsaker and John Lydon are handling leasing.

For comments, questions or concerns, please contact Dennis Kaiser

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About Dennis Kaiser

Dennis Kaiser is Vice President of Public Relations and Communications for Connect Creative. Dennis is a communications leader with more than 40 years of experience including as a journalist and in corporate and agency marketing communications roles. He is responsible for Connect Creative’s agency client services and is involved in a range of initiatives ranging from public relations and content strategy, communications and message development, copywriting, media relations, social media and content marketing services. Prior to joining Connect Media in 2015, his most recent corporate communications roles involved leading a regional public relations effort across Southern California for CBRE, playing a key marketing role on JLL’s national retail team, and directing the global public relations effort at ValleyCrest (BrightView), the nation’s largest commercial landscape services company. He has worked on marketing communications assignments for such CRE companies as Blackstone/Equity Office, Carlyle, Caruso, Disney Resorts, GE Capital, Irvine Company, Hines, Howard Hughes Corp., Jeffries, Lennar, MGM, Marcus & Millichap, Prologis, Raleigh Studios, Simon, Starwood, Trammell Crow Company, Transamerica, UBS and Wynn Resorts. Dennis has also worked on communications and launch strategies for a number of consumer electronic, media and tech brands including SlingMedia, Channel Master, Deluxe Media Entertainment, BeIn Sports, EchoStar and Sprint. Dennis’s agency background included firms such as Off Madison Ave., 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, Boy Scouts, Chrysalis Foundation, Freedom For Life, HOLA, L.A.’s BEST, Reach Out and Read, Super Bowl Host Committee, and the Thunderbirds Charities.

  • ◦Development
  • ◦Sale/Acquisition
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