317.78-acre light industrial park near the NEC of Cottonwood Lane and Henness Road Nexus Industrial 162.54 acres at the site changed to Commerce and Business Commission will hold a second hearing May 4 IndiCap to Build 318-acre Industrial Park in Casa Grande
Economic development
New brewery, retail project could give needed boost to downtown Casa Grande
April 14, 2023 “The Terminal Station” $1 Million Dollar Project 20,658 square feet 1st quarter of 2024 is the target move in date https://www.bizjournals.com/phoenix/news/2023/04/14/nk-development-casa-grande-arizona.html?utm_source=st&utm_medium=en&utm_campaign=me&utm_content=PH&utm_term=phoenix_morning_call
Here’s how Pinal County could shape up over the next decade
Future focus on office, health care development By 2030, Pinal County is expected to grow by another 130,000 people focus on bringing office development, health care and tourism and entertainment options https://www.bizjournals.com/phoenix/news/2023/03/23/pinal-county-arizona-industrial-growth-next-decade.html?utm_source=st&utm_medium=en&utm_campaign=ae&utm_content=PH&j=3093 9522&senddate=2023-03-23
PROCTER & GAMBLE CHOOSES IPAZ IN COOLIDGE
January 11, 2023 427.46ac .25 miles E of SEC Hwy 87 & Arica Rd $53,432,500 ($125,000/ac) or $2.87/sf cash Buyer intends to build a consumer products plant on site
New industrial park proposed for Pinal County city of Eloy
50-acre site in Eloy Support the growing manufacturing base in Pinal County and companies like Lucid Motors, Nikola Corp., Kohler Co. and Procter & Gamble construction by the fourth quarter of 2023 Pinal County’s lower costs, workforce, housing and education options have continued to draw more companies to locate south of the Phoenix metro as […]
Industrial expected to drive Phoenix-area economic development announcements in 2023
Nice article recapping some of the larger projects announced in 2022 as well as some observations of what’s to come in 2023 and beyond. * Lucid Motor’s plans to build out it’s campus * TSMC * P&G https://www.bizjournals.com/phoenix/news/2022/12/21/phoenix-arizona-industrial-economic-development.html?ana=emailafriend
INDUSTRIAL LAND IN WEST CASA GRANDE IS KINDA HOT …
… and one of the few remaining lots in the City’s original industrial park just closed November 30, 2022 4.94ac just east of HEXCEL on Gila Bend Hwy / Hwy 84 $865,000 or $4.02/sf cash Seller was local media company owner family (Kramer) Parcel presumably has all utilities to site, and existing industrial zoning in place Buyer was […]
Procter & Gamble unveils plans for $500 million manufacturing facility in Arizona
2,700-acre Inland Port Arizona in Coolidge 2 Million square foot Facility Expected to operational by 2025 Expected to create 500 jobs in Coolidge
Public hearing and consideration of a request by Mesa Cobre Holding Corporation for a Temporary Use Permit (DSA-22-00200)
Mesa Cobre proposes to conduct mineral exploration drilling activities within a 7,000-acre area in the City Mineral exploration drilling activities located north of West Gila Bend Hwy., south of Maricopa/Casa Grande Hwy., east of North Indian Valley Rd. and west of Bianco Rd. Mesa Cobre Holding Corporation on behalf of Ivanhoe Electric Requests authorization from […]
INDUSTRIAL ACREAGE NEAR WALMART DC CLOSES
October14, 2022 Approx 67ac (estimate) north of Peters, west of Florence St $8,544,969 or approx $2.92/sf cash 3 Building Approved Project (1 building will be the manufacturing facility for SouthWark Metal Fabrication, the other 2 buildings will be industral Bluestem Commerce Center, Phase 1
Strong Economic Growth Ensures Arizona in 2023 to Have Nation’s Lowest Flat Tax
Strong Economic Growth Ensures Arizona in 2023 to Have Nation’s Lowest Flat Tax
PREVIOUS GOLDEN EAGLE DISTR HQ SOLD AGAIN
September 22, 2022 49,904sf (building) on 9.57ac @ 1000 N Jefferson St, Casa Grande $4,500,000 or $90/sf cash No information on Buyer intention for the property
NAP LAWRENCE SELLS AGAIN: YET ANOTHER WESTSIDE CG INDUSTRIAL LAND DEAL
September 12, 2022 31.2667ac $2,613,600 or $1.92/sf cash Buyer is a Taiwanese semiconductor industry-related company
MORE GRIFFITHS INDUSTRIAL LAND SELLS
August 31, 2022 10.68ac @ SWC Sunland Gin and Hanna Rds $838,181 or $1.80/sf cash (same price as recent adjacent 40ac sale) Buyer DEMON PROPERTIES is same buyer as adjacent 40ac Buyer intentions unknown
ELOY INDUSTRIAL FACILITY SELLS
August 29, 2022 47,211sf building on 8ac @ 1330 W Battaglia Rd $5,500,000 or $116.50/sf cash Intention of Buyer HERITAGE BATTERY RECYCLING, LLC, an Indian Limited Liability Company unknown but presumably their intended use has to do with the recycling of batteries
Where Do We Go Next? New Frontiers Emerge in Phoenix’s Tight Industrial Market
Where Do We Go Next? New Frontiers Emerge in Phoenix’s Tight Industrial Market
LUCID CLOSES ADDITIONAL ACREAGE
This transaction is shrouded in mystery, because since the buyer was technically a political subdivision of the State of Arizona (Pinal County), the deeds could be recorded with an exemption to reporting the deal particulars on an Affidavit of Property Value. Reference various media reports of the financing vehicle whereby Pinal County floats bonds for […]
SEMICONDUCTOR CHEMICAL COMPANY ACQUIRES 50ac ON CG’S WEST SIDE, NEXT TO CAZCP
July 13, 2022 26.22ac and 24ac mol in two separate deals $3,695,664 (combined purchase price) or about $1.70/sf cash Price looks cheap, but parcel is fairly devoid of infrastructure Buyer KPPC Advanced Chemicals Inc is a supplier to the burgeoning semiconductor industry in and around Casa Grande
SOUTHWARK METAL MANUFACTURING COMPANY BUYS IN CG
June 24, 2022 96.85ac $1,893,773 or 45¢/sf cash looks like a steal! Buyer SOUTHWARK METALS looks like a user but intention unknown
…AND OSTERKAMP BUYS ANOTHER 21ac IN ELOY
June 16, 2022 21ac $2,012,472 or $2.20/sf cash Second purchase in WALTON’S ELOY industrial area