Sunbelt Investment Holdings Inc. has initiated development of more than one-half-million square feet of fully speculative warehouse, distribution and manufacturing space within the Loop 303 corridor in Goodyear. Working with general contractor Graycor Construction, SIHI recently debuted plans for Phase I of Camelback 303, which will be a 4-million-square-foot Class A industrial park.
“This is the first in a series of benchmarks that will ultimately deliver millions of square feet of modern, new space to Phoenix’s industrial inventory,” says Sunbelt Investment Holdings President Todd Holzer, noting that industrial demand in Phoenix is still strong, with wide varieties of industries growing in the metro marketplace. “The Camelback 303 master plan addresses those forces, providing numerous building configurations for a full range of users looking for modern, freeway-adjacent space in an industrial park setting.”
Designed for use by a single tenant or is divisible to three tenants, Camelback 303 Phase I totals 516,320 square feet in a single cross-dock building, located on the southeast corner of Camelback Road and Pebble Creek Parkway.
Construction on Camelback 303 is underway now, with completion scheduled for first quarter 2024. At completion, Camelback 303 is slated for up to 16 buildings that will range from 32,400 square feet to 1.25 million square feet.
The architect for Camelback 303 is Butler Design Group. Graycor Construction serves as the general contractor. Andy Markham, Mike Haenel and Phil Haenel of Cushman and Wakefield are the project’s exclusive leasing brokers.
Photo courtesy of Sunbelt Investment Holdings Inc.
