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Seefried and Crow Holdings JV Gets Going on 101 Van Buren
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 new class-A regional distribution center in Avondale, AZ. 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. Located on the northwest corner of 101st Avenue and Van Buren Street, the development will total 633,321 square feet in two buildings, the first, 633,321, and the second, 224,740.
101 at Van Buren is scheduled for completion in July 2022. 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.
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 are leading leasing and marketing efforts on the project.
- ◦Development