By AZRE | AZ Big Media
The Southwest Division of Graycor Construction Company has completed its panel tilt at Glendale 303 (G303) Phase I, marking the near-term completion of a Class A industrial development poised to meet the needs of still-surging Phoenix industrial demand – even during the ongoing COVID-19 pandemic.
The project, which is being developed by Hines, the international real estate firm, and funds managed by Oaktree Capital Management L.P. (“Oaktree”), will be constructed in two phases, with two buildings each totaling 569,520 square feet or the ability to convert into one, 1.2 million-square-foot building for a single major user.
Situated along the booming Loop 303 corridor in Glendale, Arizona, G303 Phase I alone includes the raising of more than 134 massive concrete panels, a process completed in just 10 days, with panels reaching up to 54 feet in height and up to 209,000 pounds each.