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With Lack of Cold Storage Options, Facility Fills Large Void in Phoenix
Bay Logistics recently leased 76,189 square feet at Central Logistics Cold Storage Center in Phoenix amid growing demand for high-quality commercial freezer space. The property located at 291 E. Buckeye Rd. was renovated to feature separate divisible north and south buildings. Each section boasts an Alta Refrigeration System, which allows for multiple temperature ranges, and remote monitoring and alarm.
CBRE’s Cooper Fratt and John Werstler represented the landlord, ViaWest Group. Michael Waxman, Aaron Norwood and Foster Bundy with LevRose Commercial Real Estate represented the tenant.
“This state-of-the art freezer facility received a lot of interest,” says Fratt. “This project was a true collaboration between ViaWest, the architect and CBRE in order to turn this empty outdated cold storage building into a modern facility that serves the increasing demands of today.”
The property has access to downtown Phoenix and is fully occupied.
“From the beginning design stages, ViaWest left no stone unturned in converting a non-operable cold storage building into a modern facility that filled a large void in a market with a huge lack of cold storage options for today’s tenant base,” says Werstler.
- ◦Lease