MLILY, the retail brand of Healthcare Arizona LLC, a venture of China-based Healthcare Co. Ltd., has leased 643,798 square feet of industrial space in Goodyear for a manufacturing facility for memory foam products.
The company expects to employ 300 people at the facility, 3350 N. Cotton Lane in First Park at Palm Valley 303, and take occupancy in mid-December, officials stated in a release.
Payson MacWilliam, Don MacWilliam and Chris Reese with Colliers International in Phoenix partnered with Yang Chen in the Colliers International San Francisco office in representing MLILY, the release states. The property is owned by Chicago-based First Industrial Realty Trust Inc.
“MLILY is entering Arizona with this sizable manufacturing facility, which reflects the continued appeal of our industrial marketplace,” Payson MacWilliam, executive vice president with Colliers International in Arizona, said in a prepared statement. “The fundamentals of our pro-business environment attracted this international corporation to Phoenix, which will augment its existing U.S. presence in South Carolina.”
“By manufacturing in Arizona, MLILY can continue to provide high quality products at a lower cost to U.S. consumers, while expanding its global footprint,” Yang Chen, managing director, Asia Pacific Division with Colliers International in San Francisco, said in a prepared statement.
Healthcare Co., Ltd. operates factories in China, Thailand, Serbia and the U.S., and has produced memory foam items since 2003. The MLILY brand advocates “Redefining Sleep,” with products that include mattresses, mattress toppers, bases and pillows.
First Park is a Class A industrial facility completed this year in the 1,600-acre PV|303 business park, which stretches from Thomas to Camelback roads along the Loop 303 corridor.