July 13, 2018
Prologis, Inc. plans to develop Prologis I-17 Logistics Center in Phoenix. The industrial REIT selected Graycor Construction Co. to build the initial phase of the Class A flex industrial project that sits on 25 acres of prime infill space within the 7th Street corridor.
Prologis’ Fritz Wyler says “This development will offer state-of-the-art features to meet the needs of today’s logistics users – e-commerce, freight forwarding and Last Touch distributors – who need and value proximity to Phoenix’s prime central submarket.”
Phase I encompasses four buildings totaling 558,712 square feet that’s divisible from 25,000 to 211,000 square feet. The project at 2111 – 2145 S. 7th St., has 1,100 feet of Interstate 17 freeway frontage.
Graycor will begin construction at Prologis 1-17 Logistics Center this month, with completion slated for Q1 2019. Graycor’s Rusty Martin notes the facility will replace 20 outmoded buildings, which were demolished over the last three months.
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