ViaWest Group has broken ground on Central Logistics Center, a 25- acre land site at the southeast corner of Central Avenue and Buckeye Road just south of Downtown Phoenix and just west of Phoenix Sky Harbor Airport.
The project currently includes over 12-acres of vacant, developable land; a fully leased, 196,672 square-foot, 30’ clear, cross-dock warehouse; and a vacant 76,301 square-foot freezer storage facility in need of renovation.
New construction started this year consists of a 32’ clear height, 94,146 square-foot, Class A industrial building, divisible to 2 tenants; a 71,555 square-foot industrial warehouse adjacent to the existing cold storage facility; and a full renovation of the site’s cold storage facility which will upon completion be a Class-A freezer building with a state-of-the-art, highly efficient refrigeration system.
John Werstler and Cooper Fratt of CBRE in Phoenix are handling the leasing of the project.
“It’s very exciting to see all of the work taking place at Central Logistics Center. Given the infill location, it’s an excellent redevelopment project that includes brand new cold storage space as well as high-cube distribution space, both of which are severely underserved in the Central Phoenix Industrial Submarket,” said Cooper Fratt, Senior Vice President, CBRE.
Central Logistics Center benefits from excellent access and proximity to four major freeways, including I-17, I-10, SR 51 and Loop 202, pulling from a wide and diverse labor pool. As well, its location within an Opportunity Zone could result in substantial tax benefits for businesses choosing to locate in the project.