Merit Partners, Lexington Realty begin work on Phoenix-area project

By Barbra Murray | InBusiness Phoenix

Work has gotten underway on Merit Partners Inc. and Lexington Realty Trust’s two speculative industrial buildings at PV 303, a 1,600-acre, master-planned business park just outside Phoenix in Goodyear, Ariz. Acting on behalf of the development team, Stevens-Leinweber Construction broke ground on Buildings 3 and 4, which will encompass 880,000 square feet of Class A space.

PV 303, offering 2 miles of freeway frontage along Loop 303, sits roughly 25 miles west of downtown Phoenix.

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