By InBusiness Phoenix
Construction is officially underway at CapRock West 202 Logistics, a landmark 3.4-million-square-foot speculative infill industrial development in central Phoenix. During a celebratory ground breaking event, CapRock Partners today announced that grading has commenced the on first phase of the 183-acre project, which is the largest industrial development in Phoenix’s in history and the first large-scale industrial complex to arrive along the recently completed South Mountain Freeway (Loop 202). At completion, CapRock West 202 Logistics will provide much needed modern industrial space and open a new level of access and efficiency for the influx of businesses in central Phoenix.
“The city of Phoenix and its economy continue to fire on all cylinders, and the timely delivery CapRock West 202 Logistics will support the Valley’s remarkable expansion as the fastest growing city in the U.S.,” said Nicholas Ilagan, senior vice president at CapRock Partners. “CapRock develops modern industrial facilities that provide logistics solutions for a wide range of industrial users, and our team is pleased officially announce the commencement of CapRock West 202 Logistic, a one-of-a kind development that will offer enhanced functionality and access for Phoenix’s enterprises while providing new opportunities for employment. CapRock is investing heavily in Phoenix and is committed to supporting its advancement as a leader in economic growth and its position as a critical link in the U.S. supply chain.”
