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.
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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
By Audrey Jensen – Reporter, Phoenix Business Journal Jan 19, 2023
Procter & Gamble Co. (NYSE: PG) recently closed on a 430-acre site and is moving forward with its 2 million-square-foot manufacturing plant south of Phoenix.
SEE IT ALL: https://www.bizjournals.com/phoenix/news/2023/01/19/procter-gamble-coolidge-arizona-phoenix.html
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The consumer goods company purchased the property at the Inland Port Arizona industrial park in Coolidge for $53.4 million in all cash in January, according to Pinal County records.
It acquired the site from Pinal Land Holdings LLC, an entity connected to the master developer of the park, Saint Holdings, for about $125,134 per acre.
The new $500 million factory will be developed at the 2,700-acre industrial park adjacent to Nikola Corp.’s auto campus and manufacture products for P&G’s fabric care brands such as Tide PODS, Downy Unstopables and Bounce Dryer Sheets.
A P&G spokesperson said in an email that the company is on schedule to break ground on the factory in 2023 with startup slated for late 2025. The company also said it’s still in the process of site design and selection of partners such as general contractors.
The project will bring about 500 jobs to Coolidge with average annual wages of $55,000 and use some of P&G’s most advanced and innovative manufacturing technology. At full build-out, the facility is expected to create 745 jobs and generate about $31.2 million in revenue for Coolidge over a decade, according to an economic analysis of the project.
Adjacent to P&G’s site, Nikola Corp. had purchased about 389 acres for its plant in 2019 for $23 million, or nearly $60,000 an acre. Saint Holdings President Jackob Andersen said the difference in the land prices reflects the significant investments and enhancements made to the industrial park’s infrastructure including roads and utilities.
“Nikola was years ago when the industrial park was in its infancy and there was not much action going on in Pinal,” he said. “When you think about what happened when [Taiwan Semiconductor Manufacturing Co.] announced and we suddenly got a lot of supply chain guys for them and we sold out our industrial park in Casa Grande, that solidified the area too.”
Andersen, which is also the developer of the Central Arizona Commerce Park in Casa Grande, said P&G’s presence helps establish Coolidge and Pinal County as a manufacturing hub with globally-recognized names.
SEE IT ALL: https://www.bizjournals.com/phoenix/news/2023/01/19/procter-gamble-coolidge-arizona-phoenix.html
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“That really validates our site and helps us be able to say, ‘We’re able to deliver and we’ve achieved what we wanted to achieve with our industrial park with the recognition of a company like this coming to us,'” Andersen said. “That is validation for Pinal County, Coolidge and for IPAZ and us as developers.”
It could also bring suppliers for P&G to the area, Andersen said, adding that the company’s potential suppliers “are going to be much more serious because they know they’re dealing with a known entity that’s been in business for 100 years.”
Now there is approximately 2,000 acres of shovel-ready heavy industrial land left at Inland Port Arizona with Union Pacific rail to service most of it, he said.
P&G had picked the Coolidge property after a search across 500 sites in the U.S. Saint Holdings had worked with P&G while they searched for a site for about a year until the company chose Coolidge due to partnerships it formed locally.
“They scrutinized the site quite intensely to ensure that we could handle a manufacturer of this caliber, this size,” Andersen said. “We were really the only choice in Arizona with 427 acres, rail served and the utilities that can handle a factory like this.”
In November, Coolidge City Council unanimously approved a development agreement with P&G for the city to build nearly $20 million in public infrastructure for the plant and for support for a foreign trade zone designation, which can reduce property taxes by more than 70%. P&G is also eligible for about $10 million in state incentives.
Pinal County has become a landing spot for manufacturers and semiconductor suppliers in recent years due to more available and less expensive industrial sites than in the Phoenix metro as well as the growing population in cities like Casa Grande.
SEE IT ALL: https://www.bizjournals.com/phoenix/news/2023/01/19/procter-gamble-coolidge-arizona-phoenix.html
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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?
DISCOVER WHAT IS HAPPENING IN ARIZONA
History of Arizona from 900 BC – 2017 -Timeline.
Walter Unger CCIM cell: 520-975-5207 walterunger@ccim.net
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
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