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Phoenix & Southwest  + Arizona  + Industrial  |  August 18, 2021
Cactus 303
Lisa Brown
By: Lisa Brown

No Surprise That Cactus 303 Will Create Hundreds of Jobs

Baker Development Corporation (BDC) recently acquired an 81-acre parcel for the development of a $150 million industrial park. Named Cactus 303, the project is poised to create hundreds of jobs within a Loop 303-fronting location in Surprise, AZ.

BDC purchased the land on the northeast corner of Cactus Road and the Loop 303 for $20 million. It will build approximately 1 million square feet in seven class-A industrial buildings with a complementary retail component along the Cactus Road frontage.

JLL’s Anthony Lydon, Marc Hertzberg and Riley Gilbert represented BDC in the land acquisition. The JLL team will also serve as Cactus 303’s exclusive industrial leasing brokers.

The retail pads fronting Cactus Road range from .75 acres to 16 acres and are available for sale or ground lease exclusively through SRS principals Ed Beeh, Chuck Gibson and Robbie Petty.

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Inside The Story

Tony Lydon

About Lisa Brown

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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