JV Moving Forward on 3.6M SF Buckeye Business Park
Van Tuyl Cos. and Eisenberg Co. have teamed up to buy a 225-acre parcel near State Route 85 and Baseline in Buckeye. They hope to build a 3.6 million square foot industrial park. They spent $37 million on the land that used to be part of Stotz Farms (see photo). A Land Advisors team led by Greg Vogel represented the sellers.
The Phoenix Business Journal reports the new $400 million industrial park, called Buckeye 225, will comprise six buildings ranging in size from 270,000 square feet to 1 million square feet each.
Buckeye has become a popular spot for significant industrial development and employers in recent years as more companies move out of California and into Arizona.
Other projects planned include a planned 5.5 million-square-foot industrial park called Westpark that’s located north of Buckeye 225 and a 1,200-acre site within the Tartesso master-planned community.
Mike covers our Texas and Phoenix/Southwest regions. He is a veteran news reporter who spent 10 years in radio and television news, mostly in Tucson, Arizona. Following his career in the media, he spent ten years as a communications executive for a publicly traded development company. Mike is married with three boys and three Huskies.