November 17, 2024 6:49 am
Facebook Twitter Youtube Instagram Linkedin
Rose Law Group

Merit Partners working with First Industrial to develop 21.2-acre distribution center in Tolleson

Tolleson distribution center

Tolleson distribution centerBy Business Real Estate Weekly

First Industrial Realty Trust Inc. in Chicago, Ill. (NYSE:FR) is teaming up with Merit Partners Inc. in Scottsdale (Kevin Czerwinski, principal) to develop a 386,100-square-foot distribution facility in Tolleson.

The 21.2-acre site is located at the northwest corner of 94th Avenue and Buckeye Road. Maricopa County records show First Industrial L.P. paid $4.141 + million ($195,388 per acre) to buy the land in a cash transaction. The seller was Chamberlain Holdings LLC in Tempe (Jim Chamberlain, principal).

The deal was brokered through Payson MacWilliam, Don MacWilliam and Jimmy Leaf of Colliers International in Phoenix, and Andy Cloud of DTZ in Phoenix. Winton Architects Inc. in Phoenix is designing the cross dock building. Construction to get started immediately with completion expected by year-end.

Continued:

Share this!

Additional Articles
News Categories

Get Involved

Stay Informed

Get Our Twice Weekly Newsletter!

* indicates required

Rose Law Group pc values “outrageous client service.” We pride ourselves on hyper-responsiveness to our clients’ needs and an extraordinary record of success in achieving our clients’ goals. We know we get results and our list of outstanding clients speaks to the quality of our work.

learn more

Recent Articles

Post Calendar

Rose-Law-Group-RCF-Logo-FINAL-LG-png.png
Facebook Twitter Youtube Instagram Linkedin
© 2024 Rose Law Group Reporter

Rose Law Group Reporter, which provides Dealmaker’s content and service, is contracted by Rose Law Group. Rose Law Group is a full service real estate and business Law Firm practicing in the areas of land use/entitlements, real estate transactions, real estate due diligence/project management, special districts, tax law, water law, business litigation, corporate formation, intellectual property, asset protection, data breach/privacy law, ADA compliance, estate planning, family law, cyber-law, online reputation and defamation, lobbying, energy and renewable energy, tax credits/financing, employment law, Native American law, equine law, DUIs, and medical marijuana, among others. The views expressed above are not necessarily those of Rose Law Group pc or its associates and are in no way legal advice. This blog should be used for informational purposes only. It does not create an attorney-client relationship with any reader and should not be construed as legal advice. If you need legal advice, please contact an attorney in your community who can assess the specifics of your situation.