By BEX Staff for AZBEX
With the recent $60M purchase of Deer Valley Innovation Park at 2402 W. Beardsley Road, ViaWest Group and Barings LLC are planning to redevelop part of the site into a new industrial center capitalizing on the location’s proximity to the Taiwan Semiconductor Manufacturing Company campus.
CBRE’s Cooper Fratt, John Werstler, Tanner Ferrandi and Connie Nelson represented ViaWest Group, Barings and seller Verde Investments.
A 345KSF call center/office space will be demolished to enable construction of ReDiscover Logistics Park, which was identified in a CBRE announcement as “a four-building, Class A industrial project totaling 808KSF.”
A local news outlet reported the project will consist of four buildings of between 200KSF and 220KSF. CBRE’s announcement said, “ReDiscover will deliver flexible layouts, high-quality construction and ample truck and trailer parking, catering to a wide range of industrial users.”
Demolition work is expected to be completed by the end of this year, with construction of the new development starting in Q1 2026. ReDiscover Logistics Park is targeted for delivery in February 2027.
