ViaWest Moving on $96.5M, 2M SF Glendale Industrial Build
ViaWest Group has obtained $96.5 million for the development of The Base, an industrial project totaling nearly 2 million square feet in Glendale, Ariz. Phase I of the project is slated to consist of 1.2 million square feet, expected in the fourth quarter of 2024. At full build-out, The Base will feature 15 buildings across 144 acres.
A JLL team led by Kevin McKenzie arranged the financing on behalf of the ViaWest. Commercial Search reports Bank OZK provided the note financing the construction of the 1.2 million-square-foot Phase I.
Situated on 82.55 acres, Phase I of the project will feature buildings between 80,000 and 310,000 square feet with clear heights up to 36 feet. There will be 105 trailer parking spaces and 1,325 auto parking spaces on site, with 236 dock-high doors, and 38 grade-level doors in rear-load and cross-dock configurations.
The project will be located at the NWC of Litchfield Rd. and Bethany Home Rd. in the West Valley of Phoenix, home of the Loop 303 industrial corridor.
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.