A major real estate development firm based in Chicago has announced plans to build a new and large industrial park in on the southwest side of Surprise, Arizona.
The phased project, with work expected to start sometime in early 2022 and be completed by the end of the year, will see the construction of seven individual structures on a site of just over 80 currently vacant acres.
Altogether, those buildings will comprise around 1 million square feet of what is being described as Class A industrial space, with each building varying in size.
The structures, according to Baker Development Corporation officials, will feature dock high and grade level doors, 32 to 40-foot clear height, and up to 200-foot truck courts.
What is being called Cactus 303 will more specifically go up at the intersection of Loop 303 and Cactus Road.
Baker Development specializes in commercial real estate as well as brownfield development projects.
Just over two months ago, the company announced plans to build a $45 million logistics center called Yuma 143 in Goodyear.
By Garry Boulard
