west valley
Volume 33 Issue 16 Goodyear, AZ
January 19, 2022
Business Briefcase BY LAUREN SERRATO
West Valley View Staff Writer
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oodyear is growing, and two more companies will make the city their home. First, Goodyear will open a two-building industrial project that will house a meal delivery service. Next, it will expand Cotton Lane Commerce Park at the southwest corner of Elwood Street and South Cotton Lane. The project in total will include 975,000 square feet of logistics space.
HelloFresh subsidiary Factor signs full-building lease
IN THE BIZ
JLL’s Phoenix office has completed a 300,100-square-foot lease to HelloFresh’s subsidiary Factor, a fully prepared meal delivery service. The lease is at Yuma|143, which is an under-construction, Class A, two-building industrial project being co-developed in Goodyear by Chicago-based Baker Development Corporation and New York’s Foundation Capital Partners, with capital partner GTIS Partners. The lease marks the second recent metro Phoenix industrial commitment by HelloFresh, the world’s largest meal-kit company, which operates in 16 markets across the globe. Factor will use the building as a regional packaging and production center and expects to begin operation later this year. This new facility will fuel the next Public Notices ............... page 3 © Copyright, 2022 West Valley View, Inc.
phase of Factor’s growth to serve customers in the West and Midwest regions. The new production center is expected to generate approximately 800 or more new local jobs once fully operational. “The city of Goodyear is very pleased to welcome Factor,” Goodyear Mayor Joe Pizzillo said. “We are glad they have chosen to locate their new facility in our growing community. Factor’s fully prepared healthy meals contribute to the health and wellness of their customers across the U.S., and this great addition to Goodyear provides new employment opportunities and continues to grow our economy, offering an enhanced quality of life for our residents.” “We’re excited to be increasing our production capabilities in Arizona as we continue to grow Factor,” said Mike Apostal, CEO of Factor. “The new Goodyear facility accommodates the increasing demand for Factor, providing new and existing customers with fresh, healthy and convenient ready-to-eat meal solutions.” The new Factor building will sit at 14170 W. Yuma Road, between Litchfield and Bullard roads. It is being developed in tandem with an adjacent, fully speculative, 190,000-square-foot Class A industrial building. Both buildings are slated for completion by BDC early this year. They sit immediately north of Phoenix Goodyear Airport and within 2 miles of Interstate 10, placing them (USPS 004-616) is published weekly
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within a 30-minute drive of 1.7 million residents and approximately five to six hours from the ports of Southern California. “Goodyear has proven itself as a logistics frontrunner and is quickly becoming a light manufacturing hub, ranking as the ninth fastest-growing city in the U.S. and the No. 2-ranked U.S. workforce market,” Baker Development Corporation principal Daniel Slack said. “The city’s geographic, regulatory and demographic advantages are what encouraged us to build two best-inclass projects here, totaling approximately 1 million square feet. These attributes, when coupled with market forces such as re-shoring and supply chain disruptions, will continue to attract leading tenants like Factor. We welcome HelloFresh and Factor to Yuma|143.” Yuma|143 is BDC’s fourth major Phoenix-area industrial development. It is preceded by VB|143, a $46 million, 325,000-square-foot Class A industrial project also located in Goodyear and co-developed with FCP. Yuma|143 is in the Goodyear Gateway South master-planned industrial park, surrounded by corporate neighbors such as FedEx, Quetico, Chewy and UPS. It offers Foreign Trade Zone/Magnet status, allowing up to a 72% reduction in
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KORE Power is bringing an advanced lithium-ion battery cell manufacturing plant, called KOREPlex, to Buckeye. (Submitted photo)
KORE Power, city of Buckeye win award
BY WEST VALLEY VIEW STAFF
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ORE Power and the city of Buckeye have been recognized by Business Facilities magazine’s Deal of Year awards for the agreement that will bring the company’s advanced lithium-ion battery cell manufacturing facility to Maricopa County. The bronze was awarded for the deal to bring a 1-million-square-foot manufacturing facility, dubbed the KOREPlex, to Buckeye. When fully operational, the facility will support up to 12 gigawatt hours (GWh) of battery cell production to ensure a reliable and independent U.S. supply chain for lithium-ion battery cells that are critical to the future of electric vehicles, power grids and more. KOREPlex will operate with net-zero carbon emissions through strategic partnerships and solar-plus- and storage co-generation. The project will create about 1,700 advanced manufacturing jobs during
phase one, another 1,300 jobs in phase two, plus nearly 3,400 construction jobs in the interim. KORE Power foresees almost $1.66 billion in direct economic output for the city of Buckeye over five years. “This recognition is a testament to the importance KORE Power brings to our city,” Buckeye Mayor Eric Orsborn said. “KORE Power is leading the way in cutting-edge technology and clean energy to deliver the future of industrial development, and we are thrilled Buckeye is emerging as a green energy leader thanks to KORE Power.” KORE Power landed in Buckeye after a national site search and evaluation of the energy storage, manufacturing and electric transportation opportunities across the country. The site offered proximity to complimentary industries such as e-mobility, solar, semiconductor and utilities. Buckeye also offered workforce and logistics capacity, and a pro-business tax and regulatory environment.
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KORE Power founder and CEO Lindsay Gorrill said Buckeye presented an opportunity to make the company’s vision a reality. “When talking to community members and state officials, Buckeye stood out because it presented an opportunity for the KOREPlex to catalyze a clean energy manufacturing ecosystem in Buckeye that includes parts of our supply chain, customers and battery recycling all right here in what we are calling the ‘Sustainable Valley,” Orsborn agreed. “The KOREPlex is the foundation of the “Sustainable Valley” to attract suppliers and other green energy companies to Buckeye.” Seema Phull, chief operating officer at KORE Power, said the award will drive the company forward. “The last year has positioned KORE Power to seize the opportunity of the transition to a clean energy economy, and with our foundation in Buckeye strong, this award gives us another piece to build upon.”
JANUARY 19, 2022
Avondale, HUUB expand small-business assistance BY WEST VALLEY VIEW STAFF
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nars that will provide tactical on-demand solutions, funding opportunities and 1:1 business consulting with community partners and top advisors. Qualifying Avondale businesses will receive city-funded services to help them continue to rebound from the pandemic and build back stronger. “HUUB’s innovative and intuitive platform will offer Avondale businesses access to applicable education, technical assistance and engagement opportunities with successful subject matter experts. The product continues Avondale’s commitment to providing cutting-edge resources to our local business community,” said Kenneth Chapa, Avondale’s economic development and tourism director. HUUB’s mission is to directly help bridge the gap between marginalized
entrepreneurs and the small-business support they need. Not only will Avondale Local Edge HUUB provide an entrepreneurial community for members with features like a grants directory, a learning library with educational courses, and an events calendar. They’ll have opportunities to get assistance through programming such as 1:1 business support via HUUB Technical Assistance Tools and Program, and a Partner Resource Directory. The Avondale Local Edge HUUB is available for business owners through a mobile app and is accessible in English and Spanish. To qualify for free access to the Avondale Local Edge HUUB platform and funding resources, Avondale entrepreneurs and small-business owners can apply at myhuub.com/avondale.
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The project design will include crossdock and rear-load buildings with 36-foot to 40-foot clear height, ample trailer and auto parking, and frontage along Cotton Lane and Elwood Street. The site is also served by the Union Pacific Rail line. “Phoenix’s Southwest Valley continues to be one of the top-performing industrial submarkets in the country. This acquisition represents another strategic addition to our expanding logistics portfolio,” said Cullen Mahoney, vice president in Trammell Crow Company’s Phoenix office. Brady Maus, a senior associate in the Phoenix office, added, “Cotton Lane Commerce Park is designed to accommodate users ranging from 50,000
to 750,000 square feet, including the option for a rail-served building. The Phoenix area has seen consistent demand from rail users in the last 24 months, and this project will be well positioned to capture that demand.” Rusty Kennedy and Pat Feeney of CBRE will handle the marketing and leasing of the project. Construction is slated to begin in the third quarter.
vondale is one of three new major Arizona cities using the HUUB platform to give entrepreneurs easier access to small-business support. Launching Jan. 20, the one-stop HUUB offers consultants to help businesses build websites, organize their books for end-of-year taxes, or navigate the many challenges of small-business ownership, all for free to eligible Avondale small-business owners and entrepreneurs. After successfully helping small businesses in Mesa, Gilbert and Phoenix, HUUB will bring the same resources and tools to help small businesses in Avondale. In one central place, business owners will have access to educational webi-
real and personal property tax. Factor is slated for move-in at Yuma|143 during the spring.
Trammell Crow Company closes on 68-acre site Trammell Crow Company, one of the nation’s largest commercial real estate developers and investors, has closed on a 68-acre development site in Goodyear for the development of Cotton Lane Commerce Park. Located at the southwest corner of Elwood Street and South Cotton Lane, the project will include 975,000 square feet of Class A logistics space.
Public Notice SUPERIOR COURT OF ARIZONA MARICOPA COUNTY In the Matter of Estate of: CHRISTINE RENEE VALVERDE, adult. Case Number PB2021-071299 NOTICE OF CREDITORS OF INFORMAL APPOINTMENT OF PERSONAL REPRESENTATIVE AND/OR
INFORMAL PROBATE OF A WILL NOTICE IS GIVEN THAT: 1. PERSONAL REPRESENTATIVE: David C Valverde Jr. has been appointed Personal Representative of this Estate 10-28-2021 Ad-dress: 1286 W. Maverick Ln, Williams, AZ 86046 2. DEADLINE TO MAKE CLAIMS. All persons having claims against the Estate are required to
WEST VALLEY BUSINESS
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present their claims within four months after the date of the first publication of this Notice or the claims will be forever barred. 3. NOTICE OF CLAIMS: Claims must be presented by delivering or mailing a written statement of the claim to the Personal Representative at (ad-dress) David C. Valverde Jr., 1656 N 113rd Ave,
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Avondale AZ 85392 4. NOTICE OF APPOINTMENT. A copy of the Notice of Appointment is attached to the copies of this document mailed to all known creditors. DATED: /s/ David C Valverde Jr. David C Valverde Jr. Published: West Valley View, Jan. 5, 12, 19, 2022 / 43816
JANUARY 19, 2022
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