Rockefeller Group, the U.S. real estate developer, owner and operator, announced today that it has purchased a 25-acre parcel on Sweetwater Avenue in Surprise, AZ for $12 million. The company will develop Surprise Pointe Commerce Center, a 415,000-square-foot speculative distribution center, on the property. The project is designed to accommodate one to four tenants and offers 36-foot clear height, 83 dock doors, a 185’ truck yard, 103 truck trailer parking stalls, 466 auto-parking stalls and custom-designed office space. Surprise is part of the Southwest Valley industrial submarket.
“Rockefeller Group is excited to be developing a new industrial project in the Phoenix area and in Surprise, a great center for business,” said Marc Berg, Vice President and Regional Director for Rockefeller Group’s West Region. “Because of the location’s access to both Interstate 10, and Loop 303, combined with a friendly community that welcomes businesses, we are confident that Surprise Pointe Commerce Center will attract tenants from ecommerce, manufacturing, and suppliers to the growing semiconductor industry.”
