{"id":1004053362,"date":"2011-12-15T14:19:49","date_gmt":"2011-12-15T22:19:49","guid":{"rendered":"https:\/\/synd.yardi.com\/?p=27477"},"modified":"2022-12-08T09:35:43","modified_gmt":"2022-12-08T17:35:43","slug":"dicks-picks-goodyear-for-40m-distribution-center","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/dicks-picks-goodyear-for-40m-distribution-center\/","title":{"rendered":"Dick\u2019s Picks Goodyear for $40M Distribution Center"},"content":{"rendered":"<p>By Alex Girda, Associate Editor<\/p>\n<p>Dick\u2019s Sporting Goods is set to kick off construction this month\u00a0on a $40 million distribution center in the Phoenix suburb of Goodyear. The giant retailer is building a 600,000 square-foot warehouse at the PV303 business park. Representing Dick\u2019s fourth major regional distribution center in the country, the Goodyear facility will serve some 160 locations in the Western U.S. and employ 120 workers upon completion in Jan. 2013. The sporting goods retailer cited Goodyear\u2019s business-friendly environment, high-quality workforce and the backing of city officials as factors in its decision.<\/p>\n<p>Dick\u2019s bought the 50-acre parcel from a joint venture of Sunbelt Holdings L.L.C. and Rockpoint Group L.L.C. in a $5.8 million deal, the <em>Business Real Estate Weekly of Arizona <\/em>reported. Butler Design Group has been selected as the project architect, while Scottsdale \u2013based Renaissance Cos. will handle contracting duties.<\/p>\n<p>Another Scottsdale-based firm, Merit Partners Inc., is serving as the project\u2019s development agent is Merit Partners Inc. Dick\u2019s will pursue LEED certification by the U.S. Green Building Council. Also of note, Dick\u2019s new distribution center will be an anchor of the 1,600-acre PV303 property, which will include up to 20 million square feet of office, distribution, industrial and retail space upon completion.<\/p>\n<p>Recently distribution facilities also figured into one of the year\u2019s largest local industrial transactions. New York-based REIT CreXus Holdings AZ I LLC, paid $33.25 million for a two-building, 640,000-square-foot portfolio located at 47<sup>th<\/sup> Avenue and Roosevelt Street. Colliers International represented the seller, \u00a0Alliance Beverage Distributing Co.<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Alex Girda, Associate Editor<br \/>\nDick\u2019s Sporting Goods is set to kick off construction this month\u00a0on a $40 million distribution center in the Phoenix suburb of Goodyear. The giant retailer is building a 600,000 square-foot warehouse at the PV303 business park. [&#8230;]<\/p>\n","protected":false},"author":237,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21742,1601],"tags":[],"class_list":["post-1004053362","post","type-post","status-publish","format-standard","hentry","category-latest","category-phoenix"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Dick\u2019s Picks Goodyear for $40M Distribution Center - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/dicks-picks-goodyear-for-40m-distribution-center\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Dick\u2019s Picks Goodyear for $40M Distribution Center\" \/>\n<meta property=\"og:description\" content=\"By Alex Girda, Associate Editor Dick\u2019s Sporting Goods is set to kick off construction this month\u00a0on a $40 million distribution center in the Phoenix suburb of Goodyear. The giant retailer is building a 600,000 square-foot warehouse at the PV303 business park. 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