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Developer plans two West Valley industrial projects

Monday, May 20, 2019   /   by Juan Grimaldo

Developer plans two West Valley industrial projects

Projects will bring more than 500,000 square feet to the region

Screen Shot 2019-05-20 at 8.40.12 AM.png
(Image: PROVIDED BY CUSHMAN & WAKEFIELD)
An artist's rendering shows a planned four-building industrial complex in Avondale.


Eisenberg Co. plans to develop two industrial projects after buying land in the West Valley through separate deals.

The Phoenix-based real estate developer purchased 24 acres at 107th Avenue and Pierce Street in Avondale from El Malon Partners for $5.4 million and 8.5 acres at the northwest corner of Washington Street and 83rd Avenue in Tolleson for $2.5 million from Cohen Asset Management.

Andy MarkhamMike Haenel and Phil Haenel of Cushman & Wakefieldnegotiated the purchase of the land for the developments in two separate transactions.

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(Image: PROVIDED BY CUSHMAN & WAKEFIELD)
An artist's rendering shows the planned industrial development Eisenberg Co. will build in Tolleson.


Both projects are planned to start construction this quarter and expected to deliver in the fourth quarter. They will create combined 533,541 square feet of space.

The project in Avondale, called Avondale 107th, will be a four-building industrial complex totaling 405,656 square feet.

The Tolleson project, Washington 83, will have a single 127,885-square-foot building.



By   – Reporter, Phoenix Business Journal

Keller Williams Realty Professional Partners - The Grimaldo Group
Juan Grimaldo
7025 West Bell Road #10
Glendale, AZ 85308
480-365-8346

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