Packaging and logistics company moves into new Glendale warehouse

Packaging and logistics company moves into new Glendale warehouse

 
Article Originally Posted by PhoenixBusinessJournal on June 29, 2023
 

The growth of the semiconductor industry in the Phoenix metro has given a boost to industrial leasing across the Valley in recent years despite a national slowdown in the sector.

One of the newest companies to open a facility in Arizona is the global crating, packaging and logistics firm TransPak, which has corporate headquarters in San Jose, California, and multiple global locations.

The company signed a seven-year lease late last year for a 175,760-square-foot building at Luke Logistics Center in Glendale and started occupying the building in March, said Don MacWilliam, a vice chair at Colliers International, who represented TransPak in the lease alongside Payson MacWilliam of Colliers International.

TransPak serves the semiconductor, data center, medical, aerospace and several other industries and has major clients such as Intel Corp. and Taiwan Semiconductor Manufacturing Co. in Arizona. It's expected to employ about 30 to 35 people in Glendale, MacWilliam said.

The company was looking for a space in the Valley for several months before signing the lease and chose the Luke Logistics Center because of its proximity to the Loop 303, according to MacWilliam.

"They needed to be strategically located along a freeway corridor so that they could have access to the freeway to be able to service in the middle between Intel and TSMC," MacWilliam said, adding that TransPak has a variety of contacts and companies that they work with in the area.

John Lydon, an executive vice president for JLL, who represented the developer on the lease, Chicago-based CA Industrial, said the facility had about eight to 10 potential tenants strongly considering the project. Kelly Royle and Hagen Hyatt of JLL also represented CA Industrial.

The companies, he said, included half building and full-building users in manufacturing, third-party logistics and distribution users.