Seefried Industrial Properties and Crow Holdings Capital Real Estate have completed a 40-acre land purchase in Avondale, Arizona.
The companies will develop the site into 101 Logistics Park, a new two-building, class A industrial regional distribution center. It is located in the West Valley industrial market.
101 Logistics Park will total 652,146 square feet in two buildings, the first 240,844 square feet and the second 411,302 square feet. The buildings will feature 32- to 36-foot clear heights, full concrete truck courts and a total of 155 dock high doors, 12 grade level doors, 534 auto parking stalls and 107 trailer parking stalls on a secure fenced site.
The 101 Logistics Park is slated for completion during the first quarter of 2020.
