ARIZONA NEWS

GO Industrial invests $23.5M in 77-acre West Valley project

Aug 3, 2021, 4:15 AM | Updated: 7:47 am
(Photo courtesy of GO Industrial)...
(Photo courtesy of GO Industrial)
(Photo courtesy of GO Industrial)

PHOENIX — A Phoenix-based real estate developer has embarked on its first Valley development, purchasing 77 acres in Buckeye for a 1.2 million-square-foot industrial space project.

GO Industrial purchased the land site for $23.55 million located at the southeast corner of Buckeye Road and 99th Avenue, according to a Monday press release.

The project will total three buildings, which will include nearly 1,000 auto parking stalls, trailer storage for up to 314 off-dock locations and dock-high and ground-level loading.

“GO | 99 will reflect our unique brand of high quality, highly functional industrial real estate, with diverse product sizes that will allow us to capture the most prominent e-commerce and logistics users in the growing Phoenix market,” GO Industrial Managing Partner Robert Guerena said in the release.

The new space will include amenities catering toward employee attraction and retention, according to the release, although, it was not stated how many people GO Industrial projects to employ.

Development of GO | 99 is scheduled to break ground this December, with completion expected during the fourth quarter of 2022.

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GO Industrial invests $23.5M in 77-acre West Valley project