By AZRE | AZ Big Media
ViaWest Group has broken ground on Goodyear Crossings Industrial Park located at the southwest corner of Elwood St. and Sarival Ave. in Goodyear, AZ.
The project, a joint venture with a Philadelphia-based investment company, is being built on the 25.91-acre parcel ViaWest acquired in November of 2019. The plan includes three industrial buildings of 284,290, 58,473, and 67,476 SF in size. Each building is planned for single or multi-tenant use and all include state-of-the-art specifications. Delivery is intended for Q3 2021.
“With the rapidly expanding Goodyear industrial market, these high quality, small to mid-size buildings are unique offerings to the market and will provide logistics and/or manufacturing solutions to a variety of growing businesses.” said Alex Boles, Director of Development at ViaWest Group. “Net absorption in Metro Phoenix was at an all-time high in 2020, absorbing just over 15 million SF. That is a 9 million SF increase from 2019.” Said Allen Lowe, Principal at Lee & Associates.