By AZRE | AZ Big Media
Atlanta-based Seefried Industrial Properties, has formed a joint venture with a real estate fund advised by Crow Holdings Capital to build 101 at Van Buren, a new Class-A regional distribution center in Avondale. The buildings are the second phase of Avondale Commerce Park, a multi-tenant park that offers a variety of sizes, clear height and loading options.
Construction is already underway on the 633,321-square-foot distribution center, which is being built on a speculative basis on a 39-acre site within the Southwest Valley submarket. Located on the northwest corner of 101st Avenue and Van Buren Street, the development will total 633,321 square feet in two buildings, the first 633,321 and the second 224,740. Together the project can accommodate multiple industrial users needing space from +/- 38,000 square feet to +/- 408,581 square feet of space.
Buildings at 101 at Van Buren will be single story (36 and 32-foot dock high bays) with slab on grade and concrete tilt panel walls. Additional building attributes will include 159 dock high doors (eight additional grade level), 116 trailer stalls, 534 parking spaces with available covered parking and ESFR sprinkler systems. The development also features eight points of ingress and egress to the site with close proximity to the Interstate 10/Loop 101 stack.
