ViaWest closes on another O-Zone deal

By Real Estate Daily News

PHOENIX, ARIZONA – ViaWest Group, in a joint-venture with American Opportunity Zone Advisors LLC,has acquired an 8.8 acre land parcel in Goodyear, AZ, adding a valuable development parcel to their extensive portfolio. This unimproved land site is situated immediately south of their Goodyear Crossing Industrial Park project and marks the fourth Opportunity Zone deal for ViaWest Group.

Goodyear currently ranks as one of the top 10 fastest growing cities in the US and additionally asArizona’s second fastest growing city. This site is located 3.2 miles south of a full-diamond
interchange on Interstate 10, and within a mile of the future Loop 303 southern extension from I-10. This position allows for ease of regional distribution and access to all areas of the Valley.Notable neighboring distribution centers include Macy’s, Home Depot and Amazon.

ViaWest Group procured the land from Sun MP Investments. The transaction was facilitated by Greg Vogel, Wes Campbell and Max Xander with Land Advisors Organization Phoenix Office.Development plans include a 92,621 SF industrial building with ample acreage for an outdoor storage yard construction slated for 2023 and completion that year. Lee and Associates, Allen Lowe and Jeff Conrad, will be handling the leasing for the new building.

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