By AZRE
Mohr Capital and Rosewood Property Company have kicked off construction on West Summit Logistics Park, in Surprise, Arizona. The logistics park will consist of two Class-A industrial buildings totaling 704,472 square feet across 46 acres of land.
“Summit Business Park will sit in a prime location in one of the best markets in the country,” said Bob Mohr, chairman of Mohr Capital. “The tenant demand Mohr Capital is seeing in Phoenix right now is among the strongest in the western United States. As such, we expect this project to be fully leased prior to completion.”
West Summit Logistics Park’s larger building features a 453,960-square-foot cross-docked building with 36′ clear heights, dual 145′ truck courts, 106 dock doors, 144 tractor trailer spaces and 369 auto spaces. The second building consists of a 250,512-square-foot rear load building with 32′ clear heights, a single 135′ truck court, 58 dock doors, 81 tractor trailer spaces and 338 auto spaces. The facility is estimated for completion in Q2 2024.
“We are always looking for opportunities to expand our industrial presence, and we saw how partnering with Mohr Capital provides a great opportunity to grow in Arizona,” said Rick Perdue, president of Rosewood Property Company. “With its prime location and exceptional amenities, West Summit Logistics Park is poised to play a key role in the vibrant West Valley logistics and distribution hub.”
