Kentwood Ventures has plans to develop Verrado – 10 Industrial, comprising two state-of-the-art, speculative industrial facilities totaling 249,600 square feet of premier distribution, R&D and light manufacturing space in the western Phoenix-area community of Buckeye, Ariz.
JLL Capital Markets arranged $22.75 million in construction financing for the development.
Verrado – 10 Industrial’s strategic location on 18.68 acres at the southwest corner of West Roosevelt Street and North Verrado Way provides future tenants immediate access to Interstate 10 and proximity to AZ Loop-303, which will enable connectivity to anywhere within the Phoenix MSA in under one hour and to major West Coast markets such as Albuquerque, Las Vegas, San Diego, Los Angeles and El Paso within a one-day drive and, in some cases, allow for same-day round-trip deliveries. Additionally, Buckeye is positioned within the CANAMEX Corridor, which, when completed between 2030 and 2040, will enabl
