November 4, 2024 11:44 pm
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Baker buys site in Phoenix

By AZRE | AZ Big Media (Submitted Photo)

CBRE announced the sale of a 28.4-acre parcel at 1110 N. 52nd Street in Phoenix, formerly a Motorola semiconductor manufacturing facility, to Baker Development Corporation (BDC).

CBRE’s John Werstler, Cooper Fratt and Tanner Ferrandi represented BDC.

The property located just north of Sky Harbor International Airport on Loop 202 at the 52nd Street exit, represents one of the few new Class A industrial projects in northeast Phoenix.

Baker Development plans to build 800,000 square feet of data center space or a 400,000 square-foot Class A industrial project, to be completed in 2022.

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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.