Phoenix & Southwest CRE News In Your Inbox.
Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.
Seefried and Crow Form JV for 101 at Van Buren Development
Atlanta-based Seefried Industrial Properties has formed a joint venture with a real estate fund advised by Crow Holdings Capital to build 101 at Van Buren, a class-A regional distribution center in Avondale. The buildings are the second phase of Avondale Commerce Park, a multi-tenant park that offers a variety of sizes, clear height and loading options.
Construction is already underway on the 633,321-square-foot distribution center, which is being built on a speculative basis on a 39-acre site within the Southwest Valley submarket. Together the project can accommodate multiple industrial users needing space from 38,000 square feet to 408,581 square feet.
101 at Van Buren is scheduled for completion in July 2022. The general contractor is Willmeng, the architect is DLR Group and the civil engineer is Hunter Engineering Inc. Marc Hertzberg, Anthony Lydon, Riley Gilbert and John Lydon of JLL led leasing and marketing efforts on the project.
- ◦Development