Here are 50 projects to watch from NAIOP Arizona members
AZRE Magazine • September 2024
Despite the challenges, members of NAIOP Arizona have been busy delivering innovative projects to the market, from big box industrial to slick, amenity-rich offices. This story showcases a sampling of the best projects from NAIOP Arizona members throughout Arizona.
Camelback 303 Logistics Center
Developer: Brookfield Properties
General contractor: Stevens-Leinweber Construction
Architect: Butler Design Group
Location: 16395 and 16565 W. Camelback Rd., Goodyear
Size: 616,100 square feet
Broker: CBRE
Start date: September 2023
Completion date: December 2024
Fun fact: This project offers the latest industrial building amenities with a strategic twist — expansive industrial outdoor storage space. With each building representing less than 15% coverage of its overall site, future tenants gain a cost-effective, secure outdoor storage amenity that is extensive for a development of this size and perfect for managing industrial and logistics-related items.
Empire 101
Developer: Nuveen/KBC Advisors Arizona
General contractor: Stevens-Leinweber Construction
Architect: Deutsch Architecture Group
Location: 8850 W. Sweetwater Ave., Peoria
Size: 152,134 square feet
Broker: Kidder Mathews
Start date: April 2023
Completion date: July 2024
Fun fact: Empire 101 is a new Class A industrial project fronting the Loop 101 freeway, just 12 minutes from the new TSMC semiconductor fab plant. Now complete, it is a rare infill site selection opportunity for industrial tenants seeking to capitalize on metro Phoenix growth, including boom markets like the semiconductor industry.
Goodyear AirPark
Developers: Lincoln Property Company, Harvard Investments
General contractor: Stevens-Leinweber Construction
Architect: Butler Design Group
Location: 14900, 14910, 14980, 15030, 15140, 15150 W. Broadway Rd., Goodyear
Size: 1.6 million square feet (Phase 1)
Broker: Lincoln Property Company
Value: $290 Million (Phase I)
Start date: Q3 2022
Completion date: Q4 2024
Fun fact: Ultimately totaling up to 7 million square feet and 20 buildings, Goodyear AirPark is the largest industrial park to break ground in Goodyear, with “enough fiber to power NASA.” Features include 40-foot clear height, private truck courts and generous parking, along with a 10,000-square-foot retail component providing everyday conveniences.
Lex Cotton 3 and 4
Developer: Merit Partners
General contractor: Stevens-Leinweber Construction
Architect: Butler Design Group
Location: Southwest Corner of Loop 303 and Indian School Road, Goodyear
Size: 880,000 square feet
Broker: CBRE
Start date: February 2022
Completion date: December 2023
Fun fact: This is a two-building spec project with amenities and location quickly attracted a leading national landscape supply company and an American e-commerce organization.
Merit Buckeye 27
Developer: Merit Partners
General contractor: Stevens-Leinweber Construction
Architect: Butler Design Group
Location: 1515 S. 27th Ave., Phoenix
Size: 253,498 square feet
Broker: CBRE
Start date: September 2023
Completion date: September 2024
Back to ArticlesFun fact: Transforming this site from a school campus to a prime, shovel-ready infill parcel required six months of extensive preparation, including remediation and the demolition of 12 existing buildings.