AZBigMedia
Graycor Construction Company has completed the redevelopment of a former Sam’s Club warehouse store into HUB 317, a fully speculative, Class A distribution center owned and developed by Colorado-based DPC Companies and Confluent Development. The project marks DPC and Confluent’s first development partnership in the Phoenix industrial market, adding to DPC’s diversified local presence.
HUB 317 is located on 12 acres at 317 S. 48th St. in Phoenix, minutes from the Loop 202 and 143 freeways and Sky Harbor International Airport. The project combines the renovation of a 115,286-square-foot former Sam’s Club building and Go Kart Track location with 109,645 square feet of new tilt-up industrial construction.
“This is what DPC is known for – taking outmoded projects and transforming them to modern-day opportunities for occupancy,” said Todd Ostransky, Graycor Construction Company Vice President of the Southwest Division. “From an inventory standpoint, HUB 317 is a timely example of how to bring dark big box space like a Sam’s Club back into circulation. With demand for large-scale, close-in, Class A Phoenix industrial space at near record highs, the timing couldn’t be better.”
