You miss 100 percent of the shots you never take, and if you think it’s expensive to hire a professional to do the job, wait until you hire an amateur. FOR OVER 20 YEARS, I HAVE WORKED EXTENSIVELY WITH OWNERS AND BUYERS IN LAND, COMMERCIAL AND INVESTMENT REAL ESTATE IN PHOENIX, TUCSON AND THROUGHOUT ARIZONA. PLEASE LET ME KNOW HOW I CAN HELP YOU. Call me if you want to sell your property and need an estimated value. Phone / Prefer cell: 520-975-5207
Office: 480-948-5554 or email me walterunger@ccim.net. – What is a CCIM.
In Business and in Life you don’t get what you deserve, you get what you Negotiate.
contact me if you want me to get you the value of your property.
CLICK HERE TO VIEW ALL MY LISTINGS.
Are you ready to sell or purchase your Land or Commercial Building in Phoenix, Scottsdale, Maricopa County and Pinal County, Arizona, please call me?
Walter Unger CCIM – cell: 520-975-5207 – walterunger@ccim.net
AZBIGMEDIA 3/29/2023
IndiCap, Invesco and the Phoenix office of JLL have joined with local dignitaries and project partners to celebrate the groundbreaking of Virgin Industrial Park, a five-building, 1.5 million-square-foot Class A industrial project being constructed in the booming Loop 303 Corridor, in metro Phoenix’s West Valley.
The project is being developed by IndiCap, a boutique commercial real estate company specializing in industrial investment and development in the Southwest, and Invesco, a global leader in the real estate investment management business.
JLL Executive Managing Directors Marc Hertzberg, Managing Director Riley Gilbert and Associate Kelly Royle are the project’s exclusive leasing brokers. The general contractor is Graycor Construction and the project architect is Deutsch Architecture Group.
SEE IT ALL: https://azbigmedia.com/real-estate/indicap-breaks-ground-on-1-5m-sf-virgin-industrial-park/
About AZ Big Media https://azbigmedia.com/
Construction on Virgin Industrial Park begins with Phase I, which includes three Class A industrial buildings totalling 566,121 square feet, 244,958 square feet and 213,765 square feet. Phase I is scheduled for completion during the first quarter of 2024.
IndiCap and Invesco secured a loan for $88 million in late 2022 for construction of Phase I. That was followed shortly by a loan to purchase the land for Phase II, which will add an additional two Class A industrial buildings totalling 297,439 square feet and 235,040 square feet. Phase II is projected to break ground during the third quarter of 2023. The site is fully improved and so is also available for immediate built-to-suit opportunities.
“IndiCap is bringing the precise type of Class A industrial product needed to meet Maricopa County’s sophisticated industrial demand,” said Maricopa County Chairman Clint Hickman. “Having this type of product in our inventory allows us to target and attract premier industries, who in turn generate high-quality jobs for our West Valley residents. We appreciate IndiCap’s desire to build here and look forward to our continued partnership.”
“We earmarked metro Phoenix years ago as a booming industrial growth market, and since then have proudly, and steadily, expanded our local footprint of Class A projects in highly sought-after locations,” said IndiCap Principal Mike Chernine. “We are very excited to add Virgin Industrial Park to that growth, alongside a truly exceptional project team.”
SEE IT ALL: https://azbigmedia.com/real-estate/indicap-breaks-ground-on-1-5m-sf-virgin-industrial-park/
About AZ Big Media https://azbigmedia.com/
Buildings at Virgin Industrial Park feature 32’ to 36’ clear height with up to 60’ x 60’ column spacing, ESFR sprinkler systems and dock-high and grade-level doors, linked to 60’ to 70’ speed bays. The project also offers 3,000 amps of power, secured truck courts and parking for more than 2,200 autos and 167 trailers.
Virgin Industrial Park is located on the northwest corner of Olive and Reems Roads in Maricopa County. It sits within the nationally recognized Loop 303 industrial corridor and immediately north of Northern Parkway, a 12.5-mile expressway connecting the Loop 303 and US 60, offering a traffic reliever to nearby Interstate 10.
“Metro Phoenix industrial demand continues to outpace new supply – to the tune of 4.6 million square feet in the last quarter alone,” said Hertzberg. “The West Valley, in particular, is in tremendous demand by tenants wanting strategic access to West Coast ports, direct transportation links to Mexico and accessibility to the Valley’s skyrocketing population, as well as the more than 33 million people who can be reached within a one-day drive of this submarket. IndiCap and Invesco understand these dynamics and are delivering a very relevant product at the perfect time.”
When complete, Virgin Industrial Park will join more than 30 million square feet of commercial real estate developed by IndiCap throughout the U.S. industrial, office, and retail sectors. Invesco has more than 20 ground-up developments totalling nearly $8 billion in stabilized value in the West Coast alone.
Formed by real estate industry leaders Mike Chernine and Jason Kuckler, the IndiCap development team brings over 100 years of collective experience to the Arizona and Nevada real estate markets. Todd Ostransky, IndiCap’s Vice President of Development (AZ), and Geovanni Villalta, IndiCap’s Senior Development Manager (AZ), lead all Arizona development projects. Through their strong local relationships, IndiCap continues their pursuit of prime industrial land in the Phoenix metroplex.
SEE IT ALL: https://azbigmedia.com/real-estate/indicap-breaks-ground-on-1-5m-sf-virgin-industrial-park/
About AZ Big Media https://azbigmedia.com/
FROM ME: FOR OVER 20 YEARS, I HAVE WORKED EXTENSIVELY WITH OWNERS AND BUYERS IN LAND, COMMERCIAL AND INVESTMENT REAL ESTATE IN PHOENIX, TUCSON AND THROUGHOUT ARIZONA. Now is the time, if you are thinking of selling or purchasing your Land or Commercial Building in Phoenix, Scottsdale, Maricopa County, Pinal County, Arizona / Office / Retail / Industrial / Multi-family / please call me on my cell 520-975-5207 or e-mail me walterunger@ccim.net. Investors and Owner / Users need to really know the market today before making a move. The market has a lot of moving parts. What is going on socio-economically, what is going on demographically, what is going on with location, with competing businesses, with public policy in general — all of these things affect the quality of selling or purchasing your Commercial Properties, Commercial Investment Properties and Commercial and large tracts of Residential Land Therefore, you need a broker, a CCIM (Certified Commercial Investment Member) who is a recognized expert in the commercial and investment real estate industry and who understands your needs. I am marketing my listings on Costar, Loop-net, CCIM, CREXi, Catylist, and various other web sites. I also sold hundreds millions of dollars’ worth of Investment Properties / Owner User Properties in Retail, Office Industrial, Multi-family and Land in Arizona and therefore I am working with brokers, Investors and Developers. I am also a CCIM and through this origination ( www.ccim.com ) I have access to marketing not only in the United States, but also international
DISCOVER WHAT IS HAPPENING IN ARIZONA
History of Arizona from 900 BC – 2017 -Timeline.
What is a CCIM. In Business and in Life you don’t get what you deserve, you get what you Negotiate.
contact me if you want the me to get you the value of your property.
Walter Unger CCIM – cell: 520-975-5207 – walterunger@ccim.net
Click here to find out what is a CCIM:
CLICK HERE TO VIEW ALL MY LISTINGS.
Are you ready to sell or purchase your Land or Commercial Building in Phoenix, Scottsdale, Maricopa County and Pinal County, Arizona, please call me?
Walter Unger CCIM
Associate Broker
West USA Commercial Division
7077 E MARILYN RD.
Suite 200, Building 4.
Scottsdale AZ, 85254
Phone: 480-948-5554
Cell: 520-975-5207
History of Arizona from 900 BC – 2017 -Timeline.
History of Arizona from 900 BC – 2017 -Timeline.
WHY PHOENIX? AMAZING!!! POPULATION IN 1950 – 350 K PEOPLE; “NOW 5 MIL”. – “5TH. BIGGEST CITY IN USA”
- DEMOGRAPHIC FACTS ABOUT MARICOPA COUNTY:
Walter Unger CCIM – walterunger@ccim.net – 1-520-975-5207 – http://walter-unger.com
Timeline of Phoenix, Arizona history
Facts of Arizona – year 1848 to 2013
CLICK HERE: Arizona Opportunity Zones As We Understand /maps. Interested!!! Please contact me.
Feel free to contact Walter regarding any of these stories, the current market, distressed commercial real estate opportunities and needs, your property or your Investment Needs for Comercial Properties in Phoenix, Tucson, Arizona.
Walter Unger CCIM
Associate Broker
West USA Commercial Division
7077 E MARILYN RD.
Suite 200, Building 4.
Scottsdale AZ, 85254
Phone: 480-948-5554
Cell: 520-975-5207
FOR OVER 20 YEARS, I HAVE WORKED EXTENSIVELY WITH OWNERS AND BUYERS IN LAND, COMMERCIAL AND INVESTMENT REAL ESTATE IN PHOENIX, TUCSON AND THROUGHOUT ARIZONA. PLEASE LET ME KNOW HOW I CAN HELP YOU PLEASE CALL ME
CLICK HERE TO VIEW ALL MY LISTINGS.
Also Call me if you need an estimated value of your Property.
Call me if you want to see a map with what is in the Construction Pipeline for Apartments.
Prefer cell: 520-975-5207, or email me walterunger@ccim.net. CLICK HERE TO VIEW ALL MY LISTINGS.
Check out my professional profile and connect with me on LinkedIn.
Walter Unger CCIM, CCSS, CCLS
I am a successful Commercial / Investment Real Estate Broker in Arizona now for 20 years. If you have any questions about Commercial / Investment Properties in Phoenix or Commercial / Investment Properties in Arizona, I will gladly sit down with you and share my expertise and my professional opinion with you. I am also in this to make money therefore it will be a win-win situation for all of us.
Please reply by e-mail walterunger@ccim.net or call me on my cell 520-975-5207
Reasons to Consider me for Commercial Referrals
Delivering the New Standard of Excellence in Commercial Real Estate
- Commercial Real Estate Scottsdale
- Commercial Real Estate Phoenix
- Commercial Real Estate Arizona
- Commercial Investment Properties Phoenix
- Commercial Investment Properties Scottsdale
- Commercial Investment Properties Arizona
- Land Specialist Arizona
- Arizona Land Specialist
- Land Specialist Phoenix
- Phoenix Land Specialist
- Land For Sale Phoenix
- Land for sale Arizona
- Commercial Properties For Sale Phoenix
- Commercial Real Estate Sales Phoenix
- Commercial Properties Phoenix
- Commercial Properties Arizona
- Commercial Land Specialist Phoenix
- Commercial Land Phoenix
- Multifamily land Phoenix
- Retail Land Phoenix
- Industrial Land Phoenix
- Land Commercial Phoenix
- Land Retail Phoenix
- Land Industrial Phoenix
- Land Multifamily Phoenix
- Industrial Land for sale Phoenix
- Land Industrial
- P
- Investment Real Estate
Disclaimer of Liability
The information in this blog-newsletter is for general guidance only, and does not constitute the provision of legal advice, tax advice, accounting services, investment advice, or professional consulting of any kind. The information provided herein should not be used as a substitute for consultation with professional tax, accounting, legal, or other competent advisers. Before making any decision or taking any action, you should consult a professional adviser who has been provided with all pertinent facts relevant to your particular situation. Tax articles in this e-newsletter are not intended to be used, and cannot be used by any taxpayer, for the purpose of avoiding accuracy-related penalties that may be imposed on the taxpayer. The information is provided “as is,” with no assurance or guarantee of completeness, accuracy, or timeliness of the information, and without warranty of any kind, express or implied, including but not limited to warranties of performance, merchantability, and fitness for a particular purpose.