- Monday, October 18, 2021
- Avondale, AZ
News Release: Seefried Begins Construction on Second Phase of Development at Avondale Commerce Park
Avondale – Atlanta-based Seefried Industrial Properties, has formed a joint venture with a real estate fund advised by Crow Holdings Capital to build 101 at Van Buren, a new Class-A regional distribution center in Avondale. The buildings are the second phase of Avondale Commerce Park, a multi-tenant park that offers a variety of sizes, clear height and loading options.
Construction is already underway on the new distribution center, which is being built on a speculative basis on a 40-acre site within the Southwest Valley submarket. Located on the northwest corner of 101st Avenue and Van Buren Street, the development will total 633,321 square feet in two buildings, the first 408,581 and the second 224,740. Together the project can accommodate multiple industrial users needing space from +/- 38,000 square feet to +/- 408,581 square feet of space.
Buildings at 101 at Van Buren will be single story (36 and 32-foot dock high bays) with slab on grade and concrete tilt panel walls. Additional building attributes will include 159 dock high doors (eight additional grade level), 116 trailer stalls, 534 parking spaces with available covered parking and ESFR sprinkler systems. The development also features eight points of ingress and egress to the site with close proximity to the Interstate 10/Loop 101 stack.
101 at Van Buren is scheduled for completion in July of 2022.
The general contractor is Willmeng; the architect is DLR group; the civil engineer is Hunter Engineering, Inc. Seefried would like to extend thanks to Marc Hertzberg, Anthony Lydon, Riley Gilbert and John Lydon of JLL for leading leasing and marketing efforts on the project.
About Seefried Industrial Properties:
Founded in 1984 by Ferdinand Seefried, Seefried Industrial Properties specializes in the development, leasing and management of industrial real estate in core markets across the U.S. Seefried leases and manages approximately 40 million square feet for its institutional and European clients and has developed more than 190 million square feet of space valued in excess of $13 billion across 50+ markets throughout the country. Based in Atlanta, the firm has regional offices in Dallas, Chicago, Los Angeles and Phoenix. For more information, please visit www.seefriedproperties.com
For more information, please contact:
Senior Vice President – Western Region