A new industrial park encompassing more than a million square feet of space is coming to Glendale in 2021.
The development, called The Cubes at Glendale is slated to break ground on March 1, near the intersection of Loop 303 and Northern Parkway.
The project, which is part of a joint-venture between Phoenix’s Bird Dog Industrial and Chicago-based real estate firm CRG, is the end result of a long period of watching and waiting for the right moment to arise.
“We’ve watched Phoenix closely waiting for the right opportunity to expand our platform here,” CRG president Shawn Clark said in a press release. “This site gives us a unique competitive advantage in the market to offer next generation facilities at a quality and size that we expect will get the attention of several national users.”
The new industrial park is a 335-acre plot of land that’s within a space that totals 5.5 million square feet, according to the release.
The Cubes present a rare opportunity to build out a large-scale commercial space in the West Valley, according to Bird Dog Industrial founder and president Mark Sonnenberg.
Sonnenberg said that the project is centered in what’s currently the busiest portion of the Valley for industrial development.
The Cubes development presents firms like CRG and Bird Dog Industrial with an opportunity to build speculative space in an area that’s in-demand, which increases its attractiveness to companies from a variety of industries.
“We’re excited to be marketing this unique project,” Honsaker said in the release. “Phoenix attracted approximately 22 million square feet of industrial commitments in 2020, with around 75 percent of that activity happening in the West Valley.
“The Cubes at Glendale will respond to that demand with site and building flexibility and scalability, along with robust utility infrastructure that will appeal to the most sophisticated users – including operations with heavy manufacturing requirements.”