By AZBigMedia
CA Industrial (“CA”) announced the groundbreaking of the first phase of Luke Logistics Center in Glendale, Arizona. The development is the product of a joint venture partnership between CA Industrial and DWS/RREEF.
“The groundbreaking of the first phase of Luke Logistics Center marks the strategic expansion of CA’s presence in the Sun Belt – an increasingly attractive, dynamic market,” said Joe Trinkle, senior vice president and market officer for CA industrial across the Southwest and West regions. “This project supports the continued growth of the e-commerce sector and bolsters our portfolio in a growing market that has seen strong demand for warehouse and distribution space as well as population and job growth.”