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Saltbox Phoenix foyer. Picture courtesy of Saltbox
Saltbox has expanded its portfolio with the opening of a brand new co-warehousing area in Tempe, Ariz. The 110,000-square-foot facility is the corporate’s twelfth location within the U.S. and marks its entry into the Phoenix market.
Saltbox Tempe occupies an industrial constructing at 910 W. Carver Highway, owned by RSE Capital Companions. CommercialEdge information exhibits that RSE acquired the 1998-built asset final 12 months for $10.5 million from ViaWest Group.
READ ALSO: Is Versatile Warehousing the Subsequent Step for Industrial?
The co-warehousing area includes 65,000 sq. toes of versatile warehouse fits, in addition to 45,000 sq. toes of collaboration area, convention rooms, flex storage, dock areas and picture studios. Suites vary from small warehouses, beginning at 70 sq. toes, to bigger areas for up and operating companies, starting at 1,000 sq. toes. Greater than 70 p.c of the members occupying Saltbox warehouses are e-commerce corporations promoting bodily items on to shoppers.
The property is 16 miles from downtown Phoenix, accessing Interstate 10. Phoenix-Mesa Gateway Airport is 23 miles away.
Saltbox’s expansions
Saltbox Tempe is the agency’s third new location for 2023. Within the first two months of the 12 months, Saltbox opened a 76,000-square-foot co-warehousing area in Higher Minneapolis and expanded its portfolio with a Miami location as nicely.
Since its basis in 2019, Saltbox has opened co-warehousing amenities in a number of markets throughout the U.S. In 2022, the corporate doubled its community by including new places in Alexandria, Va., Duarte, Calif. and Carrollton, Texas, alongside a second Atlanta area. Additionally final 12 months, Saltbox opened its first achievement hub in Dublin, Ohio.
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