VanTrust Real Estate, LLC (VanTrust), the NAIOP Arizona 2021 Industrial Owner/Developer of the Year, broke ground on its latest speculative industrial development, VT 202. This infill project will feature two buildings totaling 181,000 SF of Class A industrial space in the high-demand Southwest Phoenix submarket.
“VT 202 is truly a rare opportunity in the current industrial market, especially in Southwest Phoenix,” said VanTrust Director of Development Jenna Borcherding. “We feel that this infill parcel, with great freeway access, is a perfect location for efficient, high quality industrial space. There continues to be incredible demand from small to mid-size users, and VT 202 is ideal for those tenants.”
VT 202 is located on 12.1 acres along 59th Avenue, less than a mile from two interchanges on the Loop 202 South Mountain Freeway. Buckeye Road is a half-mile north and Lower Buckeye Rd. is a half-mile south of the parcel. The buildings are designed for flexibility in tenant requirements and can accommodate users seeking 38,000 to 181,000 square feet.
Building A will be 104,687 SF with 32-feet clear heights, 30 dock-high doors and two grade-level doors. It will also have significant freeway visibility and a secured concrete truck court. Building B will be 76,319 SF, with comparable amenities and features.