Hines has secured joint-venture equity for the development of Cactus 303, a three-building, 572,282-square-foot class A industrial project in Surprise, Ariz. The shovel-ready development sits on 36.8 acres along Cactus Road in the Loop 303 corridor of West Valley Phoenix.
Cactus 303 comprises three individually parceled, stand-alone buildings featuring two rear-load facilities and one cross-dock building. The development offers clear heights ranging from 32 feet to 36 feet, ESFR sprinkler systems, 144 dock-high doors, eight grade-level doors and 61 trailer parking stalls. Building depths span from 210 feet for the rear-load configurations to 370 feet for the cross-dock building, providing flexibility to accommodate diverse industrial users.
The property’s location delivers immediate access to Loop-303, providing connectivity to greater Phoenix via Interstate 10, I-17 and Northern Parkway. Major ports, including the Port of Long Beach and Port of Los Angeles, are with
