GOODYEAR, AZ—Cushman & Wakefield recently brokered the sale of a newly developed Class A industrial cross dock facility totaling approximately 450,600 square feet on over 29 acres in Goodyear, AZ. Constructed in 2021, the property was sold by The Opus Group for $56 million.
The Southwest Valley property located at 2250 S Litchfield Rd. was fully vacant at the time of sale. Executive Managing Director Will Strong, Associate Greer Oliver, Senior Director Kirk Kuller, and Analyst Connor Nebeker-Hay of Cushman & Wakefield's National Industrial Advisory Group represented the seller in the transaction. Cooper Fratt and John Werstler of CBRE provided leasing advisory.
"Institutionally developed and maintained, this was a rare investment opportunity of a bulk state of the art Class A industrial/cross dock facility that is very well positioned with immediate airport access and central to multiple freeways and adjacent to the Union Pacific Railroad," said Will Strong. "The property offers great potential value for the buyer through the lease up of the vacancy in the facility, to multiple or single tenancy, in a high-demand market."
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Natalie Dolce
Natalie Dolce, editor-in-chief of GlobeSt.com, is responsible for working with editorial staff, freelancers and senior management to help plan the overarching vision that encompasses GlobeSt.com, including short-term and long-term goals for the website, how content integrates through the company’s other product lines and the overall quality of content. Previously she served as national executive editor and editor of the West Coast region for GlobeSt.com and Real Estate Forum, and was responsible for coverage of news and information pertaining to that vital real estate region. Prior to moving out to the Southern California office, she was Northeast bureau chief, covering New York City for GlobeSt.com. Her background includes a stint at InStyle Magazine, and as managing editor with New York Press, an alternative weekly New York City paper. In her career, she has also covered a variety of beats for M magazine, Arthur Frommer's Budget Travel, FashionLedge.com, and Co-Ed magazine. Dolce has also freelanced for a number of publications, including MSNBC.com and Museums New York magazine.
