Developer breaks ground on next phase of industrial project in SW Phoenix

Photo provided by CapRock Partners

By AZRE

Leading Western and Central U.S. industrial real estate investor, developer and asset manager, CapRock Partners, announces its groundbreaking of CapRock West 202 Logistics Phase 2. This next and final phase of the state-of-the-art speculative industrial development in the Southwest Phoenix submarket consists of 825,000 square feet of Class A warehouse space across three buildings on 43 acres. Phase 2 sitework began in January 2025 with project completion planned for November 2025.

“CapRock Partners is excited to start the new year with a significant milestone as we break ground on Phase 2 of CapRock West 202 Logistics,” said Bob O’Neill, Senior Vice President, Acquisitions at CapRock Partners. “Kicking off this next phase of development reflects the success of Phase 1 while highlighting CapRock’s outlook for 2025 as we continue to meet demand with best-in-class industrial properties that drive regional economic growth and strengthen the U.S. supply chain.”

At completion, CapRock West 202 Logistics Phase 2’s three buildings will be 301,771 square feet (Building F), 295,586 square feet (Building G) and 227,107 square feet (Building H) in size. Clear heights will range from 32 feet to 36 feet. Buildings F and G will each include 47 dock-high doors, and Building H will include 45 dock-high doors. All Phase 2 buildings will offer four drive-in ramp doors and will feature speculative office suites, R-38 warehouse roof and R-11 warehouse wall insulation, full building HVAC, LED lighting in the warehouse, dock-high load levelers and ample parking, among other amenities.

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