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DEVELOPMENT
$21.8M industrial project coming to Goodyear
Southwest Valley will be home to 100% leased facility
(Photo provided by Cushman & Wakefield)
Elwood Rising, in Goodyear, sold for $21.8 million.
Posted
Special to Independent Newsmedia
Elwood Rising, a brand new 120,000-square foot Class A speculative industrial development, is on its way to Goodyear.
The freestanding building was delivered in January and is fully leased to a global industrial field services client, which executed a long-term lease while the building was still under construction, real estate services firm Cushman & Wakefield announced.
Scottsdale-based real estate firm Atlas Capital Partners built and sold the property to Cohen Asset Management. Southern California-based Cohen Asset Management bought the property for $21.8 million.
Elwood Rising is located at 3750 S. 156th Ave., in Goodyear.