Located at 420 S 104th Avenue, the development sits on a 16.1-acre site and is located 1.5 miles south of the Interstate 10 Freeway. The facility includes 36’ clear height, 237 car parking stalls, 41 trailer parking stalls, five points of ingress and egress, R-38 insulation, and an ESFR sprinkler system.
“We are excited to grow our portfolio of best-in-class logistics facilities in the Metro Phoenix market. We have seen consistent user demand in recent years and expect that trend to continue,” said Cullen Mahoney of TCC’s Phoenix Business Unit. “Since 2012, we have invested over $300 million of capital into the industrial sector in Phoenix and we will continue to seek new opportunities that fit within our investment criteria.”
Cowden Logistics Center is situated just off the Interstate 10 and Loop 101 Freeways and is a short drive to the Loop 202 Freeway. The Phoenix Sky Harbor International Airport is a 20-minute drive from the site.
The project is being designed by Butler Design Group and Wespac Construction is the project’s general contractor. Phil Haenel, Mike Haenel, and Andy Markham of Cushman and Wakefield are handling the leasing.
About Trammell Crow Company
Trammell Crow Company (TCC), founded in 1948, is one of the nation’s leading developers and investors in commercial real estate. The Company has developed or acquired 2,700 buildings valued at nearly $65 billion and over 590 million square feet. As of September 30, 2020, TCC had $14.8 billion of projects in process and $5.9 billion in its pipeline. It employs more than 550 professionals in the United States and the United Kingdom.
Trammell Crow Company’s teams are dedicated to building value for its clients with professionals in 18 major cities throughout the United States and London. The company serves users of and investors in office, industrial, retail, healthcare, multi-family residential, through its operating subsidiary High Street Residential, and mixed-use projects. For those who occupy real estate, TCC can execute the development or acquisition of facilities tailored to meet the needs of its clients. For investor clients, the company specializes in joint venture speculative development, acquisition/re-development ventures, build-to-suit development and providing incentive-based fee development services.
TCC is an independently operated subsidiary of CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Los Angeles, and the world’s largest commercial real estate services and investment firm (in terms of 2019 revenue).
