Kentwood Ventures’ Spec Industrial Project in Arizona is Fully Leased

KV Casa Grande, a newly constructed, Class A 314,453 sf spec industrial project in Casa Grande, Arizona, is fully leased after the recent signing of its fourth and final tenant. The development, built by Kentwood Ventures, sits on 18 acres at 1550 W. Lawrence St., less than one hour southeast of central Phoenix.

Built to institutional quality standards, KV Casa Grande features 32-foot clear height, 33 dock-high doors, 12 grade-level doors, ESFR sprinklers, LED lighting, a 185-foot concrete truck court and 6,000 amps of power. The project’s tenants include:

• American Refrigeration Supplies Inc., which signed a 50,000 sf prelease, prior to completion.

• A Fortune 100 healthcare manufacturer that leased 148,296 sf as anchor tenant.

• Graham Packaging, a leading plastic containers manufacturer, leased 49,537 sf.

• A to Z Destinations, an Arizona-based freight company and the final tenant to commit to the project, leased 66,803 sf.

An additional 19 acres remains at the KV Casa Grande site, where Kentwood Ventures anticipates it will develop a second phase of the project.