IndiCap Bringing 110-Acre Industrial Park to Glendale 

by Mike Hunter

Boutique commercial real estate company IndiCap continues its formidable Metro Phoenix industrial development push with Virgin Industrial Park, which it will develop in partnership with Invesco. Located on the northwest corner of Olive and Reems roads in Glendale, Arizona, within the nationally recognized Loop 303 industrial corridor, the two-phase, 110-acre Class A development will total more than 1.5 million square feet in five buildings at build-out. Construction on Phase I of Virgin Industrial Park begins November 2022, with completion expected by December 2023. Completion of Phase II is anticipated by Q1 2024.

JLL Senior Managing Director Marc Hertzberg, Executive Vice President John Lydon and Associate Kelly Royle are the project’s exclusive leasing brokers.

Photo courtesy IndiCap

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