NAI Horizon represents USA Pickleball Association in securing warehouse lease in Tempe, Arizona

NAI Horizon represents USA Pickleball Association in securing warehouse lease in Tempe, Arizona

     PHOENIX, ARIZONA (July 8, 2024) – NAI Horizon, on behalf of USA Pickleball, successfully facilitated a new warehouse lease in Tempe, Arizona.

This strategic move comes in response to the national governing body’s significant growth in tournament operations and efforts to better support its expanding community and members.

The newly leased warehouse will serve as a central hub for storing tournament equipment and USA Pickleball Serves, the charitable arm of USA Pickleball, community impact support items. This facility will enhance the governing body’s ability to efficiently manage and distribute tournament resources, ensuring seamless support for the increasing number of tournaments and charitable impact nationwide.

“We are thrilled to assist the USA Pickleball Association in finding a warehouse that meets their growing needs,” said NAI Horizon Associate Whitney Heritage. “This lease represents a critical step in supporting their continued expansion of the sport.”

The landlord, Fifth Street Commerce Center, LLC, was represented by Cory Breinholdt with Commercial Properties Inc.

For more information, contact Whitney Heritage at whitney.heritage@naihorizon.com

About NAI Horizon

Exceptional global commercial real estate solutions begin with local market leadership and expertise. Established in 1992, NAI Horizon is a full-service commercial real estate company serving Arizona with offices in Phoenix and Tucson. NAI Horizon is passionate about commercial real estate, providing Brokerage and Property Management Services for local, national, and international clients. NAI Horizon is a member of the NAI Global commercial real estate network providing real estate solutions to more than 325 offices worldwide. For more information, visit www.naihorizon.com.

About NAI Global

 Advisory Services, Leasing, Property Management, Property & Note Sales, and Tenant Representation

NAI Global is a leading global commercial real estate brokerage firm. NAI Global offices are leaders in their local markets and work in unison to provide clients with exceptional solutions to their commercial real estate needs. NAI Global has more than 325 offices strategically located in 65 countries throughout North America, Latin America, Europe, Africa and Asia Pacific, with over 5,800 local market professionals, managing in excess of 1.1 billion square feet of property and facilities. Annually, NAI Global completes in excess of $20 billion in commercial real estate transactions throughout the world.

NAI Global provides a complete range of corporate and institutional real estate services, including brokerage and leasing, property and facilities management, real estate investment and capital market services, due diligence, global supply chain and logistics consulting and related advisory services. To learn more, visit www.naiglobal.com.

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NAI Horizon facilitates sale of flagship Serrano’s Mexican Restaurant in Chandler for $4.58M

NAI Horizon facilitates sale of flagship Serrano’s Mexican Restaurant in Chandler for $4.58M

PHOENIX, ARIZONA (July 2, 2024) – NAI Horizon facilitated the $4.58 million sale of Serrano’s Mexican Restaurant located at 141 S. Arizona Ave., in Downtown Chandler, Arizona. The restaurant totals 13,250 SF; the sale fetched $346 per SF.

NAI Horizon Executive Vice President Lane Neville, Senior Associate Cole Neville, and Associates Matt Westra, Whitney Heritage and Brandon Hall represented the seller, Serrano Family Limited Partnership from Chandler.

“This flagship family restaurant location opened in 1979 in Downtown Chandler and flourished for 45 years, it was truly our honor to be part of the sale of such an iconic restaurant,” Lane Neville said. “Based on the superb location and abundant buyer interest, we utilized our proprietary competitive bid sale process to generate the best price for our client.”

The buyer, JAM Management LLC, also based in Chandler, was represented by Peter Sciacca of Launch Powered by Compass.

“It is with mixed emotions – but surely pride – that we announce the sale of the property and the closing of our Chandler restaurant location that our parents, Ernie and Eva, founded,” said Serrano’s General Partner Ric Serrano. “We happily still operate our three other Serrano’s restaurants, two in Mesa and one in Queen Creek.  Also, we continue to operate our Pronto location in Tempe.

“Operating the business has been a family affair, our goal has always been to honor our parents’ vision, we all feel very satisfied that we accomplished that.  Our family has been involved in business in Chandler for 105 years with our original venture starting in 1919 with Serrano Brothers Popular Store, a department store that operated for 60 years.

“We take lots of pride in our deep and longstanding relationships in the Chandler community and wish the very best to our buyer that is pursuing their own Mexican restaurant concept on site. We will be there to support them, to keep the tradition alive,” Serrano said.

Serrano’s Mexican Restaurant is located adjacent to Chandler City Hall in the heart of Downtown Chandler, on the east side of Arizona Avenue, immediately south of Boston Street.

For additional information on the NAI competitive bid sale process, contact Lane Neville at lane.neville@naihorizon.com.

About NAI Horizon

Exceptional global commercial real estate solutions begin with local market leadership and expertise. Established in 1992, NAI Horizon is a full-service commercial real estate company serving Arizona with offices in Phoenix and Tucson. NAI Horizon is passionate about commercial real estate, providing Brokerage and Property Management Services for local, national, and international clients. NAI Horizon is a member of the NAI Global commercial real estate network providing real estate solutions to more than 300 offices worldwide. For more information, visit www.naihorizon.com.

About NAI Global

Advisory Services, Leasing, Property Management, Property & Note Sales, and Tenant Representation

NAI Global is a leading global commercial real estate brokerage firm. NAI Global offices are leaders in their local markets and work in unison to provide clients with exceptional solutions to their commercial real estate needs. NAI Global has more than 325 offices strategically located in 65 countries throughout North America, Latin America, Europe, Africa and Asia Pacific, with over 5,800 local market professionals, managing in excess of 1.1 billion square feet of property and facilities. Annually, NAI Global completes in excess of $20 billion in commercial real estate transactions throughout the world.

NAI Global provides a complete range of corporate and institutional real estate services, including brokerage and leasing, property and facilities management, real estate investment and capital market services, due diligence, global supply chain and logistics consulting and related advisory services. To learn more, visit www.naiglobal.com.

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Wespac Construction celebrates LEED Silver Certification for Rio Yards office shell building

Wespac Construction celebrates LEED Silver Certification for Rio Yards office shell building

PHOENIX, Ariz. — Wespac Construction, Inc. proudly announces that the Rio Yards office shell building has been awarded LEED Silver Certification by the USGBC. This recognition highlights our commitment to sustainable building practices and creating high-performance, environmentally friendly spaces.

Located within the technology-focused Novus Innovation Corridor in Tempe, Arizona, Rio Yards, 1337 E. Rio Salado Parkway, is a three-story, 157,000 SF office building with key sustainability features. They include:

     ♦️ Building orientation and landscaping: Rio Yards’ orientation and native landscaping elements enhance the connection to outdoor spaces, featuring trees along pedestrian corridors, landscape buffers, and various seating options. These features create a welcoming environment and promote low water-use plant material, saving thousands of gallons of water annually.

     ♦️ High-performance building strategies: The building systems are designed to be environmentally responsible, avoiding the use of chlorofluorocarbon (CFC) based refrigerants.

     ♦️ Transportation accessibility: Rio Yards promotes alternative transportation methods through its proximity to bus and rail routes, secure on-site bike storage, and electric vehicle charging stations.

     ♦️ Cool roof strategies: To minimize the urban heat island effect, cool roof strategies have been incorporated, contributing to a more comfortable and sustainable urban microclimate.

     ♦️ Premium materials: The project utilized premium materials with Environmental Product Declarations (EPDs), ensuring compliance with current sustainability standards.

     ♦️ Lighting and rainwater management: All exterior lighting meets dark sky requirements, reducing light pollution, while 90 percent of rainwater is managed onsite, further emphasizing the building’s sustainable design.

“Achieving LEED Silver Certification for Rio Yards is a significant milestone for Wespac Construction Inc. and a testament to our dedication to sustainable construction,” said Glenn Leier, Principal/Vice President at Wespac Construction, Inc. “This award highlights our efforts to not only build a cutting-edge office space but also to prioritize environmental responsibility in every aspect of the project.”

The certification of this project was a collaborative effort. Wespac Construction Inc., extends its appreciation to all partners involved. Key contributors include RSP Architects, Wentworth Property Management, and LEED Consultant – GreenIdeas.

The interior of Rio Yards, 1337 E. Rio Salado Parkway, in Tempe, Arizona.

About Wespac

Established in 1991, Wespac Construction Inc. is a general contracting and construction management firm, offering pre-construction and construction services in various market sectors. From small tenant improvement projects to large shell and master-planned communities, Wespac is a true partner to our clients throughout the entire project lifecycle. We pursue the art of construction, while contributing knowledge, leadership, passion, and commitment to every employee, client, and project team. Wespac has offices in Phoenix and Flagstaff, Arizona. For more information visit www.wespacaz.com.

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NAI Horizon facilitates $1.275M acquisition of land in Tempe for 62-unit multifamily project

NAI Horizon facilitates $1.275M acquisition of land in Tempe for 62-unit multifamily project

     PHOENIX, ARIZONA (June 27, 2024) – NAI Horizon represented the buyer in the acquisition of parcels of land totaling 40,973 SF in Tempe, Arizona, that will be rezoned for a multifamily project.

NAI Horizon’s Jay Mininberg, J.D., represented the Buyer, FJT1 Rental, LLC, of Mesa, Arizona, in the $1.275 million (approximately $31/SF) acquisition of 2422 E. Apache Blvd., 2424 E. Apache Blvd., and 1114 S. Lebanon Lane in Tempe. The parcels total .94 acres.

The transaction involved a retail property with a residential component. Upon securing the parcel, the plan is a rezone to mixed use MU-4.

“In conjunction with counsel, an architectural firm, a general contractor, and meetings with the City of Tempe, we recently closed on the parcels with plans to build approximately 62 units,” Mininberg said.

The Sellers, Robert and Mary Figueroa of Tempe were represented by Neil Sherman and Zackery Sherman with Sperry Insignia. 

About NAI Horizon

Exceptional global commercial real estate solutions begin with local market leadership and expertise. Established in 1992, NAI Horizon is a full-service commercial real estate company serving Arizona with offices in Phoenix and Tucson. NAI Horizon is passionate about commercial real estate, providing Brokerage and Property Management Services for local, national, and international clients. NAI Horizon is a member of the NAI Global commercial real estate network providing real estate solutions to more than 325 offices worldwide. For more information, visit www.naihorizon.com.

About NAI Global

 Advisory Services, Leasing, Property Management, Property & Note Sales, and Tenant Representation

NAI Global is a leading global commercial real estate brokerage firm. NAI Global offices are leaders in their local markets and work in unison to provide clients with exceptional solutions to their commercial real estate needs. NAI Global has more than 325 offices strategically located in 65 countries throughout North America, Latin America, Europe, Africa and Asia Pacific, with over 5,800 local market professionals, managing in excess of 1.1 billion square feet of property and facilities. Annually, NAI Global completes in excess of $20 billion in commercial real estate transactions throughout the world.

NAI Global provides a complete range of corporate and institutional real estate services, including brokerage and leasing, property and facilities management, real estate investment and capital market services, due diligence, global supply chain and logistics consulting and related advisory services. To learn more, visit www.naiglobal.com.

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NAI Horizon facilitates a second long-term lease at business incubator Pickle House in Phoenix

NAI Horizon facilitates a second long-term lease at business incubator Pickle House in Phoenix

     PHOENIX, ARIZONA (June 25, 2024) – NAI Horizon facilitated the second long-term retail lease at a historic building in Downtown Phoenix, this time securing space for a local organization that provides the opportunity for small businesses to showcase their products and services to the public and develop ideas on a larger, and more consistent stage.

NAI Horizon Executive Vice President Jeffrey Garza Walker, MRED, MBA, represented the landlord, CPLC (Chicanos Por La Causa) Pickle House, LLC, in the $3.01 million, long-term lease at the CPLC Pickle House Makerspace Business Incubator at 1401 E. Van Buren St., in Phoenix.

Garza Walker also represented the tenant, Archwood Community Resource Empowerment Strategy (ACRES), which will take 13,107 SF, the entire North Building.

The business incubator provides a platform for entrepreneurs from disadvantaged backgrounds to succeed. Built in the 1920s as a family-owned pickle factory, the Arnold Pickle House sat vacant for years until CPLC purchased it in 2018. CPLC renovated the building with grant funds from the state to foster more opportunities for small businesses.

“Once again NAI Horizon is honored to be a partner in the redevelopment of an iconic location that will serve the community with an art gallery, art exhibitions, educational workshops, day camps, event space, and co-working space,” Garza Walker said.

ACRES was established in 2016 by a group of entrepreneurs and organizers with a goal of increasing the presence and vitality of Black-owned businesses in Arizona. In May of 2017 it started hosting monthly community gatherings known as “The Buy Black Marketplace.” Through its monthly marketplaces, educational opportunities, and growing network, ACRES has been able to support the growth and development of more than 200 Black-owned businesses in the Phoenix Metro service area.

Founded in 1969, CPLC provides services to people of all backgrounds while honoring its Mexican-American roots. It facilitates growth through five areas of impact: health and human services; housing; education; economic development; and advocacy.

In December 2023, Garza Walker represented CPLC in the initial long-term lease for 4,378 SF by Paws 48, an indoor dog park. 

About NAI Horizon

Exceptional global commercial real estate solutions begin with local market leadership and expertise. Established in 1992, NAI Horizon is a full-service commercial real estate company serving Arizona with offices in Phoenix and Tucson. NAI Horizon is passionate about commercial real estate, providing Brokerage and Property Management Services for local, national, and international clients. NAI Horizon is a member of the NAI Global commercial real estate network providing real estate solutions to more than 300 offices worldwide. For more information, visit www.naihorizon.com.

About NAI Global

Advisory Services, Leasing, Property Management, Property & Note Sales, and Tenant Representation

NAI Global is a leading global commercial real estate brokerage firm. NAI Global offices are leaders in their local markets and work in unison to provide clients with exceptional solutions to their commercial real estate needs. NAI Global has more than 300 offices in 43 countries strategically located throughout North America, Latin America and the Caribbean, Europe, Africa, and Asia Pacific, with 5,100 local market professionals managing over 1.1 billion square feet of property and facilities. Annually, NAI Global completes more than $20 billion in commercial real estate transactions and gross revenue of $1.5 billion.

NAI Global professionals achieve extraordinary results for clients locally and globally through creativity, collaboration, and the consistent delivery of exceptional knowledge and service that only market-leading firms can provide. NAI Global provides a full range of corporate real estate services, including brokerage and leasing, property and facilities management, real estate investment and capital market services, due diligence, global supply chain, logistics consulting, and related advisory services. To learn more, visit www.naiglobal.com.   

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ASA Arizona names Todd Keck of W&W Structural as Superintendent of the Year at awards event

ASA Arizona names Todd Keck of W&W Structural as Superintendent of the Year at awards event

    TEMPE, ARIZ. (June 25, 2024) – Todd Keck, Superintendent at W&W Structural, Inc., was recently named Superintendent of the Year at the 2024 American Subcontractors Association (ASA) Arizona Awards at Chateaux Luxe.

Keck, who has been with W&W Structural for 3 years, is responsible for managing projects and job sites that W&W Structural oversees. Keck manages the field crew at each job site and is responsible for keeping track of project budgets, ordering equipment, and purchasing material for each project.

The Superintendent of the Year Award honors one superintendent from the ASA who stands out among subcontractors in Arizona. The Superintendent of the Year Award is given to the superintendent in the industry who is driven, passionate, and puts in the time, hard work, and dedication to his team and colleagues.

     “Todd’s dedication and hard work have contributed significantly to our success; he is a great joy to have in our office. Todd exemplifies excellence and commitment, and we are privileged to have him leading with such distinction,” said Jodi Malenfant, President/Owner of W&W Structural. “W&W is incredibly proud of Todd, our superb Superintendent. He is an invaluable asset to our team.”

ASA of Arizona is a nonprofit organization that serves as a national membership trade association. Established in Arizona in 1984, it provides various opportunities for business development, education, networking, and the latest construction trends.

Members of the organization represent almost every specialty trade for commercial and residential construction. The organization also includes service providers to the subcontracting community such as material suppliers, legal, financial, and insurance firms, management and business consultants, and more. The association’s open shop and union members range in size from small private companies to large national firms.

The national ASA comprises more than 2,500 subcontractors, specialty trade contractors, suppliers, and service providers serving the construction industry

W&W is a full-service structural steel, iron, and architectural/ornamental iron fabrication and erection firm founded in 1987.

W&W Structural service lines include steel detailing, steel fabrication, steel erection, and steel management. Project experience is in healthcare, hospitality, transportation, education, federal work, industrial, multi-family, office, recreation, religious, residential, and retail.

For more information, visit w-ws.com.

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Todd Keck, Superintendent at W&W Structural, Inc., (left) with W&W Business Development Manager Tierney Encinias.

NAI Horizon facilitates sale of Chandler Medical Center for $7.3M via competitive bid sale process

NAI Horizon facilitates sale of Chandler Medical Center for $7.3M via competitive bid sale process

     PHOENIX, ARIZONA (June 13, 2024) – NAI Horizon facilitated the $7.3 million sale of Chandler Medical Center, a 22,591 SF multi-tenant medical office building located at 655 S. Dobson Road in Chandler, Arizona. The sale price fetched $323.14 per SF.

NAI Horizon Executive Vice President Lane Neville, Senior Associate Cole Neville and Associates Brandon Hall, Whitney Heritage, and Matt Westra represented the seller, Chandler Medical Property Company LLC (Tolis Advisors) from New York City, NY. The buyer, Provider Real Estate Partners Fund I, L.P. from Cleveland, Ohio, was self-represented.

“This was a full circle brokerage moment for our NAI Horizon Healthcare Advisory Group. We sold the property to Tolis Advisors in January 2020, representing a CMBS Special Servicer. After the Tolis acquisition, they hired our MOB team to lease the property, along with our strong NAI Property Management division. We stabilized the property performance, raised average rental rates to market and leased up the property to 100 percent occupancy, now our team just successfully sold the property again,” Lane Neville said.

“Both of our sales of Chandler Medical Center were done through our national competitive bid sale process. Through our proprietary sale process, we maximize value in the least amount of time for our seller. The competitive sale situation creates the best advantages for our sellers and helps with surety of the transaction closing,” Lane Neville said.

Chandler Medical is strategically located adjacent to Dignity Health’s 429-bed Chandler Regional Medical Center. Chandler MOB sub-market conditions remain very strong. Rising rents and low vacancy rates provide a financially healthy and stable environment for commercial real estate investment in medical space in Chandler.

For additional information on medical office properties or the NAI competitive bid sale process, contact Lane Neville at lane.neville@naihorizon.com.

About NAI Horizon

Exceptional global commercial real estate solutions begin with local market leadership and expertise. Established in 1992, NAI Horizon is a full-service commercial real estate company serving Arizona with offices in Phoenix and Tucson. NAI Horizon is passionate about commercial real estate, providing Brokerage and Property Management Services for local, national, and international clients. NAI Horizon is a member of the NAI Global commercial real estate network providing real estate solutions to more than 300 offices worldwide. For more information, visit www.naihorizon.com.

About NAI Global

 Advisory Services, Leasing, Property Management, Property & Note Sales, and Tenant Representation

NAI Global is a leading global commercial real estate brokerage firm. NAI Global offices are leaders in their local markets and work in unison to provide clients with exceptional solutions to their commercial real estate needs. NAI Global has more than 325 offices strategically located in 65 countries throughout North America, Latin America, Europe, Africa and Asia Pacific, with over 5,800 local market professionals, managing in excess of 1.1 billion square feet of property and facilities. Annually, NAI Global completes in excess of $20 billion in commercial real estate transactions throughout the world.

NAI Global provides a complete range of corporate and institutional real estate services, including brokerage and leasing, property and facilities management, real estate investment and capital market services, due diligence, global supply chain and logistics consulting and related advisory services. To learn more, visit www.naiglobal.com.

 

 

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Arizona office of CG Schmidt names industry expert Isaac Maraspini as Project Manager

Arizona office of CG Schmidt names industry expert Isaac Maraspini as Project Manager

    TEMPE, ARIZ. (June 11, 2024) – Industry expert Isaac Maraspini has been hired as Project Manager in the Arizona office of construction management firm CG Schmidt.

A native of California, Maraspini possesses a wealth of knowledge in construction, healthcare construction, restoration construction, project management, and project estimating. Maraspini also has experience as a biomedical equipment engineer.

As Project Manager Maraspini will plan, organize, and control all resources (people and materials) for the successful execution of a project. He will lead project teams in the construction of projects ensuring project quality, schedule, cost control, safety, and customer satisfaction objectives are met.

Maraspini joins CG Schmidt from ATI Restoration, where he served as Construction Manager. He previously worked as Project Manager for HonorHealth and Banner Health. Maraspini is a 14-year veteran of the U.S. Air Force, having served as a biomedical equipment engineer and beginning his career in a support role for medical construction.

“We are excited to have Isaac join our Southwest team,” said Nicole Cuéllar, General Manager for the CG Schmidt Arizona office. “Isaac’s military, healthcare, and restoration background will propel the growth of our Tempe office as we continue to focus on safety, quality, schedule, cost, and owner relationships.”

Maraspini earned an MBA from Grand Canyon University in 2021. He also holds a bachelor’s degree in business administration (healthcare) from Wayland Baptist University in Plainview, Texas.

Maraspini and his wife Stephanie have four children and three grandchildren. Away from the office he enjoys spending time in the outdoors hiking, rafting, horseback riding, swimming, and riding dirt bikes.

CG Schmidt opened its Arizona office in 2023. It offers clients a complete range of services from planning and development through close-out. The firm is headquartered in Milwaukee, Wisconsin, and led by President Eric Schmidt, CEO & Chairman of the Board Rick Schmidt, and COO Mike Abuls.

CG Schmidt is located at 999 E. Playa del North Drive, Suite 110, in Tempe, Arizona. For more information call (602) 830-8460 or visit cgschmidt.com.

About CG Schmidt

CG Schmidt, a family-owned company since 1920, CG Schmidt is a leader in quality construction management, general construction and design-build services with offices in Arizona and Wisconsin. The company serves the markets of education, healthcare, senior living, multi-family, corporate, industrial, community and religious facilities. As a fifth-generation firm, CG Schmidt is a respected industry leader. The company has built a reputation for tackling the most complex and recognizable projects to create quality, state-of-the-art buildings in communities across the nation. For more information, please visit www.cgschmidt.com.

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NAI Horizon represents Mesa construction firm in $1M acquisition of industrial building in Coolidge

NAI Horizon represents Mesa construction firm in $1M acquisition of industrial building in Coolidge

     PHOENIX, ARIZONA (June 11, 2024) – NAI Horizon represented the buyer, a Mesa, Arizona-based construction company expanding to Southern Arizona and bringing hundreds of jobs, in the $1 million acquisition of an industrial building in Coolidge, Arizona.

NAI Horizon Executive Vice President Jeffrey Garza Walker, MRED, MBA, represented Superstition Frame and Drywall in acquiring 14,000 SF warehouse at 425 S. Main St., in Coolidge.

“The NAI Global Advisory Team is proud to bring yet another impactful project to communities that support growth and create purposeful partnerships,” Garza Walker said. “This is an expansion that’s bringing 200 new jobs to the community. We met with the (Coolidge) Mayor who lauded this as being very impactful to his community.”

The asset, built in 1988, features a 5,000 SF yard, a ceiling height of 16 feet, and one grade level door (20 feet by 20 feet). The single-tenant freestanding building sits on .42 acres.

The seller was Spillman Koplin , LLC of Tempe, Arizona.

 About NAI Horizon

Exceptional global commercial real estate solutions begin with local market leadership and expertise. Established in 1992, NAI Horizon is a full-service commercial real estate company serving Arizona with offices in Phoenix and Tucson. NAI Horizon is passionate about commercial real estate, providing Brokerage and Property Management Services for local, national, and international clients. NAI Horizon is a member of the NAI Global commercial real estate network providing real estate solutions to more than 325 offices worldwide. For more information, visit www.naihorizon.com.

About NAI Global

 Advisory Services, Leasing, Property Management, Property & Note Sales, and Tenant Representation

NAI Global is a leading global commercial real estate brokerage firm. NAI Global offices are leaders in their local markets and work in unison to provide clients with exceptional solutions to their commercial real estate needs. NAI Global has more than 325 offices strategically located in 65 countries throughout North America, Latin America, Europe, Africa and Asia Pacific, with over 5,800 local market professionals, managing in excess of 1.1 billion square feet of property and facilities. Annually, NAI Global completes in excess of $20 billion in commercial real estate transactions throughout the world.

NAI Global provides a complete range of corporate and institutional real estate services, including brokerage and leasing, property and facilities management, real estate investment and capital market services, due diligence, global supply chain and logistics consulting and related advisory services. To learn more, visit www.naiglobal.com.

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80 acres in Casa Grande purchased for new power switching yard and substation

80 acres in Casa Grande purchased for new power switching yard and substation

Rapidly expanding industrial corridor slated to receive new power switching yard and substation to address growing power needs in Casa Grande’s West Industrial area.

Casa Grande, Ariz. (June 10, 2024) – A recently purchased 80-acre parcel in Casa Grande will become a new power switching yard and substation, which will extend capacity and services to the Casa Grande West Industrial area.

Casa Grande’s industrial sector has seen a significant increase in industrial users and developers in recent years as the manufacturing industry and related suppliers relocate or expand to the area. This influx, which includes Lucid Motors, Kohler and an array of semiconductor supply chain and electric vehicle manufacturer suppliers, is creating additional demand for power. This new site will address the area’s growing power needs.

The sale was facilitated by Kirk McCarville, CCIM and Trey Davis with Land Advisors Organization’s Casa Grande office. The team represented both the buyer and the seller in the transaction. The sellers were Vernon Lester Barnes and Patricia Barnes of Casa Grande.

“We’ve been working to bring new industrial users to Casa Grande and Pinal County in coordination with city and county leaders,” said Davis. “This new energy facility helps to guarantee the future of power for Casa Grande’s industrial sector and supports our ongoing efforts to further our city’s economic growth.”

Over the past several years, Casa Grande has been attracting major national and international manufacturers looking to expand or relocate to Arizona’s Silicon Desert. Land Advisors Organization has facilitated bringing many companies to the area, such as Lucid Motors, Kohler, Chang Chun Chemical and Air Products, KPPC Advanced Chemicals, NRS Logistics America, and Jing He Sciences. There is tremendous interest from manufacturers, semiconductor supply chain and electric vehicle manufacturer suppliers as well as others with rail distribution needs to have facilities in the area. Casa Grande’s population has doubled since 2000, making it the largest city and tax base in Pinal County.

About Land Advisors Organization

Founded in 1987, Land Advisors Organization is the nation’s largest land brokerage firm specializing in providing deep market insights to landowners and purchasers for the most comprehensive and effective evaluation of land in markets across the country. By integrating current local market information with cutting-edge technology and geographically specialized professionals, Land Advisors Organization advises clients in identifying and capitalizing on valuable land opportunities in all economic environments. Land Advisors Organization serves landowners and purchasers from offices in Phoenix, Tucson, Casa Grande and Prescott, Arizona; Irvine, San Francisco, Century City, Pasadena, Roseville and San Diego, California; Denver, Colorado; Orlando, Jacksonville and Tampa Bay, Florida; Atlanta, Georgia; Boise, Idaho; Kansas City; Las Vegas and Reno, Nevada; Albuquerque, New Mexico; Charlotte, North Carolina; Greensville, South Carolina; Nashville, Tennessee; Austin, Houston and Dallas-Fort Worth, Texas; Salt Lake City, Utah; and Seattle, Washington. Stay connected with us on TwitterFacebook and LinkedIn.