CapRock Partners completed CapRock West 202 Logistics – Phase 2, marking the final phase of Phoenix’s largest speculative industrial development. Phase 2 delivers 825,000 square feet of Class A warehouse space across three buildings on 43 acres in the Southwest Phoenix submarket. With its completion, CapRock West 202 Logistics now totals 3.4 million square feet of space across 183 acres, representing the first large-scale logistics complex along the South Mountain Freeway (Loop 202).
Phase 2, located at 675 N. 55th Avenue, includes Building F (301,771 square feet), Building G (295,586 square feet) and Building H (227,107 square feet).
Project completion coincides with CapRock securing a 1,063,188-square-foot lease for Building C, the largest building within the CapRock West 202 Logistics complex, to an undisclosed corporate tenant.
Phase 1 of CapRock West 202 Logistics project is now 85 percent leased.
Colliers represented CapRock in the Building C lease transaction and are handling all leasing efforts for CapRock West 202 Logistics.
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