The venture will break ground in July 2014 for Canal Crossing Logistics Center, a new 155,114-square-foot speculative industrial facility, situated at 5670 South 32nd Street. Located just south of the airport and within one mile of the full diamond interchange at Interstate 10 and 32nd Street, this centrally located site allows for quick and convenient access to all major freeways servicing greater Phoenix. Canal Crossing can accommodate tenants from 35,000 square feet to a full-building user and will be available for occupancy in January 2015.

Canal Crossing Logistics Center offers an efficient site plan and contemporary design featuring a rear-load configuration with 30′ clear height, 37 dock-high doors, two ground-level doors, 130′ truck court, 2,500 amp electrical service, ESFR sprinkler system and a 1,000-square-foot office component that can be customized to-suit. Energy efficiency and operational cost savings will also be enhanced by the implementation of fifty 4′ x 8′ skylights placed throughout the warehouse component of the facility.

“We are delighted to launch this new speculative industrial development with our long-standing partner, Globe Corporation,” remarked Sean Cummings, Vice President of Conor Commercial Real Estate’s Phoenix regional office. “Canal Crossing Logistics Center provides the advantage of developing modern, efficient and highly-functional industrial space near Sky Harbor International Airport while enjoying the strong underlying fundamentals that this infill submarket currently offers.”

McShane Construction Company and Butler Design Group have been selected to provide the design/build construction services for the industrial project. Allen Lowe and Jeff Conrad of Lee & Associates Arizona represented the co-development venture in the land acquisition and will serve as exclusive marketing agents for the property. Matt McDougall and Stein Koss, also of Lee & Associates Arizona, represented General Development Corporation, the seller of the land site.

For additional information about Canal Crossing Logistics Center, contact Lowe or Conrad at 602.956.7777 or visit the property’s web site at www.canalcrossinglogisticscenter.com.

Latest News

Being a Good Fiduciary

Being a Good Fiduciary

Sign up for our monthly Business Brief Get insights from our executives, the latest news and trends impacting our industry and construction material pricing delivered directly to your inbox.

2024 Notable Leaders in Commercial Real Estate

2024 Notable Leaders in Commercial Real Estate

Chief Executive Officer Molly McShane and President David Friedman were named to Crain’s Chicago Business’ list of Notable Leaders in Commercial Real Estate. Named CEO of The McShane Companies in 2020, Molly navigated the challenges of the pandemic while expanding the...

Conor’s Development Philosophy

Conor’s Development Philosophy

Sign up for our monthly Business Brief Get insights from our executives, the latest news and trends impacting our industry and construction material pricing delivered directly to your inbox.

Conor’s Philosophy on Investing in New Markets

Conor’s Philosophy on Investing in New Markets

Written by Brian Quigley, Executive Vice President.  Durable Demand Drivers When selecting a new market for investment, Conor considers durable demand drivers to be paramount. These include population growth, access to transportation, and commerce, such as a...