BDC Planning Industrial Facility Near Sky Harbor

Credit: CBRE

By CBRE

CBRE announces the sale of a 28.4-acre parcel at 1110 N. 52nd Street in Phoenix, formerly a Motorola semiconductor manufacturing facility, to Baker Development Corporation.

CBRE’s John Werstler, Cooper Fratt and Tanner Ferrandi represented BDC.

The property – located just north of Sky Harbor International Airport on Loop 202 at the 52nd Street exit – represents one of the few new Class A industrial projects in northeast Phoenix.

BDC plans to build 800KSF of data center space or a 400KSF Class A industrial project, to be completed in 2022.

The CBRE team also represented the seller, Reich Brothers.

A recent survey of commercial real estate investors ranked Phoenix as a top-10 target among America’s metros. The Sun Belt market jumped five spots to No. 4 in CBRE’s 2021 Americas Investor Intentions Survey. (Source)

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