PHOENIX, ARIZ. (May 14, 2024) – NAI Horizon represented the buyer, a worldwide leader in packaging wood design and manufacturing, in the $4.7 million acquisition of an industrial building in Goodyear, Arizona.
NAI Horizon Executive Vice President Jeffrey Garza Walker, MRED, MBA, represented Packing Solutions for Any Product (PSAP), in acquiring a 12,052 SF industrial building at 2760 S. La Luna in Goodyear.
“This is another great opportunity to be a purposeful partner in bringing a company from Mexico to locate operations in Arizona,” Garza Walker said. “It is the largest packaging wood provider in Mexico and Latin America.”
Headquartered in Guadalajara, Mexico, PSAP operates 13 manufacturing facilities throughout Mexico and the U.S.
The asset was built in 2022. The free-standing general industrial office/warehouse is located in the Goodyear Airport Manufacturing Corridor, one of the city’s three prime manufacturing corridors.
Positioned in the heart of the West Valley, 2760 S. La Luna is less than a one-day truck turn from the Inland Empire of California and is easily accessible from several nearby freeways, including Interstate 10, Loop 101, 202, and 303, as well as MC-85.
The property is located in one of Goodyear’s Foreign Trade Zone (FTZ), an area designated to facilitate and encourage international commerce with opportunities to reduce operational costs such as property tax savings and reduced fees/streamlined procedures when specific qualifications are met.
The seller, A1 Desert Investments, LLC, of Waddell, Arizona, was represented by Chris Toci with Cushman & Wakefield.