Skip to content
  • Home
  • Sales
    • 1st Quarter Sales
    • 2nd Quarter Sales
    • 3rd Quarter Sales
    • 4th Quarter Sales
  • Leases
  • Advertise
  • Subscribe
  • Login
  • Home
  • Sales
    • 1st Quarter Sales
    • 2nd Quarter Sales
    • 3rd Quarter Sales
    • 4th Quarter Sales
  • Leases
  • Advertise
  • Subscribe
  • Login

Footprint LLC Relocates Corporate HQ to Park Lucero

  • Home
  • Archive
  • Footprint LLC Relocates Corporate HQ to Park Lucero
Archive
/
February 12, 2018
/
Heart and Soul Web Design
image_pdfimage_print
Park Lucero

Phoenix Sustainability Firm Signs 131,796 SF Full-Building Lease

Gilbert, AZ – Trammell Crow Company (TCC) and partner Artis REIT announced that Footprint LLC (Footprint), a sustainable technology firm, has signed a long-term, full building lease to occupy Park Lucero Phase II, a Class A, speculative industrial building comprised of 131,796-square-feet.

As one of the fastest growing molded fiber companies in North America, Footprint will be relocating from their current facility in Gilbert, AZ to Phase II of Park Lucero. Operations out of this new facility will include the manufacturing of eco-friendly, fiber based products. Footprint chose this location due to its proximity to a strong employment base and the community’s pro-business environment.

Park Lucero is a 4-phase, Class A industrial park featuring a combination of buildings with dock-high, truck well and grade-level loading, 24-to-30-foot ceiling clear heights and an overall 2.1:1,000 parking ratio. Each building is designed to maximize operational and economic efficiency for a wide range of occupants. Upon full buildout, Park Lucero will consist of nearly 600,000 square feet of industrial space in six buildings.

“The work that Footprint is doing coupled with the benefit to our environment is truly amazing and we are pleased that they can continue their great work out of this state-of-the-art facility”, said Cathy Thuringer, Principal with TCC’s Phoenix Business Unit. “We are pleased to welcome them to the Park.”

Phase II is situated adjacent to Phase 1 (completed in 2015) and Phase 3 (completed in summer of 2017), and fronts along the Santan Freeway (Loop 202) providing significant freeway visibility. The Park is located on 48 acres at the northwest corner of Mustang Drive and Germann Road near the Gilbert/Chandler border.

Philip Martens and Patrick Devine served as the dealmakers for Artis REIT in the transaction. The team of Pat Harlan and Steve Sayre of JLL represented the ownership in the transaction and Paul Gallo with First US Advisors represented Footprint. Western Alliance Bank served as the lender.

Share Now!

Recent Posts

  • Industrial Office/Warehouse Property on Price Street Sold for $1.25 Million
  • Best of NAIOP celebrates 30 years of honoring top projects, people in commercial real estate industry 
  • Carly Quinn Fine Art Acquires Iconic Philabaum Gallery Building in Tucson’s Downtown Arts District
  • Michelle De Blasi Honored for 5 Years of Distinguished Service in Environmental Law
  • Wespac’s LEED-Certified Industrial Project Hits Key Construction Milestone

Archives

Copyright © 2025 Real Estate Daily News
Website by: Heart and Soul Web Design

Scroll to Top