Phoenix-based developer Creation has closed on a 38-acre site in Avondale for an industrial campus dubbed the Avondale Tech Center. Plans call for roughly 700,000 square feet of space aimed at advanced manufacturing and research-and-development users, with several large shallow-bay buildings slated to hit the West Valley market. The site, near Avondale Boulevard and Van Buren Street, represents another major land play at a time when demand for industrial land is outpacing supply across the metro area.
According to KTAR, the Avondale Tech Center is planned as a roughly 700,000-square-foot campus made up of three buildings ranging from about 212,000 to 254,000 square feet each. Creation is marketing the campus to advanced-manufacturing and research-and-development tenants, a slice of the industrial market that typically needs deeper clear heights and office-adjacent infrastructure. The acquisition follows Creation’s string of recent moves around the Valley as developers compete for the remaining buildable parcels…