By Colliers
U.S. industrial space developer Panattoni Development has land at 36th Street and South Avenue 4E in Yuma for development of a 1MSF-plus industrial park. Panattoni sees an opportunity for U.S. and international companies to utilize Yuma as a distribution point for both the U.S. and Mexico markets.
“As a result of pandemic supply chain issues, escalating shipping expenses and tensions with China, many companies are bringing manufacturing back to North America,” says Rob Martensen, senior executive VP with Colliers in Arizona. “This project offers companies that manufacture in Mexicali and other areas south of the U.S. border to transport goods straight to Arizona for distribution throughout the United States. Yuma provides a convenient and cost-effective distribution point for goods coming from Mexico through nearby Calexico.”
The initial phase of Panattoni’s Yuma Industrial Park is slated to include four buildings ranging from 234KSF-279KSF each. They will feature two grade level doors, 49 rear load dock high doors and 32’ clear height ceilings.
