Hey Everyone!
This is your Hard Money Lender in Tucson and the Southern Arizona area, Billy A with great news! Construction has begun in the southwest Phoenix area on two large warehouses. That means more jobs! Here’s the article that was posted on azcentral.com:
2 Large Phoenix Warehouses Being Built
by Catherine Reagor
Construction has begun on a nearly 500,000-square-foot warehouse in southwest Phoenix. San Francisco-based developer Prologis Inc. is building the industrial facility, the largest speculative warehouse to go up in metro Phoenix since 2008. The new industrial building is being developed on a 27-acre parcel in the Park Riverside project.
Fortune 500 retailer Marshalls is building a 1.2 million-square-foot distribution warehouse on 100 acres in the same business park, located on the southwestern corner of 55th Avenue and Lower Buckeye Road. The discount retailer plans to hire 300 people for its new Phoenix facility.
According to Prologis, one of the largest developers of industrial space worldwide, its 486,241-square-foot facility, next to the Marshalls distribution site, will be completed by next April. Prologis sold Marshalls the land in Park Riverside.
Prologis is applying to receive foreign-trade-zone designation for the business park and has a development agreement for the status with the city of Phoenix.
Companies qualifying for the designation receive benefits including reduced customs-reporting requirements and a 75 percent reduction on property taxes.
Prologis has selected Don MacWilliam at Colliers International in Phoenix as its listing broker.
Very exciting news indeed! In the meantime, if you have any questions, or need any help with your lending needs, give me a call, I’d be happy to help you out. That’s it for this time! Make it another great day!
Your Hard Money Lender in Tucson and Southern Arizona,
Billy A
P.S. I want to be your favorite Hard Money Lender in Tucson and Southern Arizona, so please don’t keep me a secret! If you, your friends or family need help with funding, I’d be happy to give them free information without any obligation. Please give me a call at:
(520) 299-4878!
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Warehouses generate one of the largest pool of jobs owing to their requirement of huge work force for effective and efficient maintenance of the inventory. They are a great part-time job options for the ones seeking extra income as well a promising career option for the ones who can endure the extensive physical work.
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Thank you for supplying this information.