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Industrial Park Coming to Deer Valley

PHOENIX—Trammell Crow Company and joint venture partner Principal Real Estate Investors announce the acquisition of a 16.19 acre land parcel located at 23rd Ave and Alter Way in the Corridors master-planned business park in Deer Valley.

By Kristian Seemeyer | Updated on March 01, 2015

PHOENIX—Trammell Crow Company and joint venture partner Principal Real Estate Investors announce the acquisition of a 16.19 acre land parcel located at 23rd Ave and Alter Way in the Corridors master-planned business park in Deer Valley. The venture plans to develop Corridors Industrial Park, which will consist of four, Class A speculative industrial buildings. Construction is scheduled to begin in the second quarter of 2015 and completed by the end of the year.

Paul Tuchin, vice president of Trammell Crow Company’s Phoenix Business Unit, tells GlobeSt.com he began this project due to the large success of his other west side project, Park Ladera at Spectrum Ridge, a 220,470-square-foot industrial park.

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