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WEST VALLEY VIEW NEWS | DECEMBER 15, 2021
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Business Briefcase
BY LAUREN SERRATO
West Valley View Staff Writer
H
ello and welcome back to Business Briefcase. There is plenty of business movement in the West Valley, and we’re covering it this week.
Spec buildings coming to Goodyear On behalf of Merit Partners Inc. and Lexington Realty Trust, an industrial-focused publicly traded real estate investment trust, Stevens-Leinweber Construction broke ground on two speculative industrial buildings within PV 303, a 1,600-acre industrial park in Goodyear. Dubbed Buildings 3 and 4, the new construction will total 880,000 square feet of new Class A industrial space. It opens a new section of PV 303 on parcels located just west of the Loop 303 between Camelback and Thomas roads. PV 303 is home to approximately 7 million square feet of completed or under-construction industrial product. Within this inventory, Stevens-Leinweber Construction completed buildings for companies like Boeing/XPO, Ball Manufacturing, HD Supply and XPO/Abercrombie and Fitch. SLC is under construction on an additional 802,000-square-foot shell building for Merit Partners, also located within PV 303. Additional tenants within the industrial park include Dick’s Sporting Goods, REI, SubZero, Daimler and Fairlife. “In just a handful of years, PV 303 has materialized into an employment and logistics hub, where companies that are known by name in households around the world are generating thousands of high-paying local Phoenix jobs,” Merit Partners principal and President Kevin Czerwinski said. “That is a point of pride for our team and something we look forward to con-
tinuing with these new buildings. We are excited to partner with Lexington Realty Trust and Stevens-Leinweber on this project.” The new PV 303 Building 3 will total 488,400 square feet, and Building 4 will have 392,000 square feet. Both will feature 40-foot clear height, crossdock configuration with trailer parking on both sides and 190-foot truck yards. They are part of the larger PV 303 industrial park, which at build-out will include more than 20 million square feet of industrial, office and retail space located at Interstate 10 and Loop 303. “The mix of companies that have located within PV 303 is exceptional,” Stevens-Leinweber Construction Vice President Erik Powell said. “It is a testament to the quality and care that Merit puts into the master planning of its parks. We appreciate the opportunity we’ve had to be a part of so many of these buildings.” At Buildings 3 and 4, Butler Design Group serves as the project architect. Pat Feeney and Danny Calihan of CBRE are the exclusive leasing brokers. Construction on Buildings 3 and 4 is underway, with completion scheduled for summer. For more information on PV 303, visit meritpartnersinc.com.
Tech solutions company expands to Avondale In the spring, Bizerba USA Inc. will open its Avondale plant that will manufacture labels and produce key equipment for industrial and retail. Located at the Fairway 10 complex off the Interstate 10, the new facility will create 40 to 50 light industrial jobs when it opens in April. “Avondale has a ready-made labor force for light industrial and manufacturing, and Fairway 10 is the perfect location for a company such as Bizerba,
giving them an edge along this strategic freeway corridor with easy access,” said Ken Chapa, Avondale EDGE economic development and tourism director. “We are excited for Bizerba’s opening next spring.” With more than 4,500 employees worldwide, Bizerba has been in business since 1866. The family-owned German company has its North American headquarters in Joppa, Maryland. To serve its customers faster and to meet the growing demand, the company expanded its capacities with the Avondale plant. “We are excited about this opportunity to expand in the western U.S. and specifically in the greater Phoenix
area,” said Brian Evans, president of Bizerba Label Solutions. “We believe this next chapter in our business affords us the opportunity to better serve our existing customers, as well as strategic prospects both in labels and consumables, as well as service and parts. Additionally, we are happy to expand our offerings with a new product concept specifically from this plant.” “Avondale’s thriving business community, proximity to transportation corridors and highly skilled workforce will provide Bizerba an environment for long-term success,” said Sandra Watson, president and chief executive
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