Cushman & Wakefield’s National Industrial Advisory Group is pleased to offer an extraordinary opportunity to acquire PUMA @ 303 Crossroads(“the Property” or “the Project”)—a premier industrial asset located at 8900 North Sarival Avenue, Glendale, Arizona. This state-of-the-art, newly constructed facility spans ±1,023,610 SF and has unobstructed Loop 303 visibility. PUMA’s facility is purpose-built to meet the growing demand for logistics and distribution of products across the Western United States.
In addition to its Class A building features, PUMA has invested an additional $80 million to implement a cutting-edge logistics robotics system—AutoStore—within the facility. This advanced system includes a 165,000 SF mezzanine structure built over the 19-foot-tall AutoStore framework. Installed by Bastian Enterprises, it was, at the time, the largest AutoStore installation in the country, designed to handle up to 360,000 product bins. The AutoStore system enables PUMA to achieve a highly streamlined and efficient process, moving products seamlessly from the warehouse’s inbound doors, through the robotics system for packing, and directly to the outbound doors for delivery to customers.
PUMA @ 303 Crossroads has been expertly designed with unparalleled attention to detail and top-of-the-line features. This includes 170 dock doors, four grade level doors, 200’ deep truck courts, 209 trailer parking stalls, secured guard house with FTZ status, 40’ clear height, a fully air-conditioned warehouse, energy efficient, insulated walls and roof, and more.
Strategically located within the highly sought-after Loop 303 Distribution Corridor, the Property boasts exceptional visibility along Loop 303 and Northern Parkway. In addition, it also has incredible access in one of the nation’s fastest-growing bulk distribution hubs on Phoenix’s dynamic West Side.
Situated just minutes from the Loop 303 in a premier e-commerce market, the Property benefits from the Southwest Valley’s significant absorption, with 21.4 MSF leased through Q4 2024. The booming Loop 303 industrial corridor is fueled by a strong labor market, world-class market access, a favorable tax environment, and lower operating costs, making PUMA at 303 Crossroads a prime investment opportunity.