CBRE announced Ti Cold Development purchased a 27.2-acre site for an undisclosed amount. The land is part of the first phase of the future development of Copperwing Logistics Center, a speculative cold storage facility scheduled to be constructed in El Mirage.
CBRE’s Jason Lev, Rusty Kennedy, Pat Feeney and Dan Calihan represented the buyer in the transaction. The team will also be responsible for the marketing and leasing of the property, located at the NWC of Joe R. Ramirez Road and Dysart Road.
The future state-of-the-art Copperwing Logistics Center will contain 45,000 pallet positions, 50’ clear height, a 40’ deep refrigerated rear rail dock, 51 trailer stalls, a pre-approved foreign trade zone, rail service provided by BNSF Railway and 320KSF of fully convertible and expandable contiguous storage space that supports minus 10 to 35-degree temperatures.
The site is located 21.6 miles northeast of Phoenix and is proximate to several major roadways, including State Route 303, State Route 85, U.S. Route 60, Interstate 10 and Interstate 17. Construction on the facility is scheduled to be completed in early 2022. (Source)