Ryan Companies U.S., a national commercial real estate solutions provider, and Standard Real Estate Investments have formed a joint venture and announced the financial closing and beginning of construction on the second phase for 17 North Corporate Center in Phoenix.
Located minutes from Interstate 17 at Pinnacle Peak Road, the project comprises two class A industrial buildings totaling more than 186,000 square feet and will provide users with several onsite features and accessibility to major freeways, residential options and proximity to the Taiwan Semiconductor Manufacturing Co. plant.
“The Phoenix market continues to experience an influx of advanced technology and manufacturing companies, which makes this an ideal time to break ground on a high-quality industrial project in the sought-after Deer Valley submarket,” said Josh Tracy, senior vice president of real estate development at Ryan Companies. “This project’s strategic location in north Phoenix provides