November 22, 2024 12:16 pm
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Prologis breaks ground on second phase of industrial park

By Ron Davis | Phoenix Business Journal

Three new industrial buildings are in the works just to the west of Phoenix Sky Harbor International Airport.

San Francisco-based Prologis Inc. (NYSE: PLD) broke ground Wednesday on phase two of its namesake park: the Prologis I-17 Logistics Center on the southeast corner of 7th Street and Maricopa Freeway. The three new spec buildings will bring more than 275,000 square feet to an area with low warehouse and distribution vacancies. The second phase is to the east of its first phase, which fully leased up in 2021.

Read the full subscription story from the Phoenix Business Journal.

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