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BUSInESS

Glendale industrial building fully leased before completion

The first speculative industrial building of more than 1 million square feet developed locally in more than three years has been fully leased before completion.

VanTrust Real Estate’s VT 303 North, a 1.14 million square foot facility, is under construction at Northern Avenue and Reems Road in Glendale.

“Our project partners have done an outstanding job in delivering this high-quality building to market at a time when metro Phoenix is once again a top choice for leading corporate logistics firms,” stated Keith Earnest, executive vice president of VanTrust Real Estate, in a press release.

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