Skip to content
Search AI Powered

Latest Stories

Press releases are provided by companies as is and have not been edited or checked for accuracy. Any queries should be directed to the company issuing the release.

PipShip brings ViaWest’s new Gilbert, Arizona industrial portfolio to 98% occupied

JLL has completed a 40,415-square-foot lease that relocates and expands e-commerce fulfillment leader PipShip

PipShip brings ViaWest’s new Gilbert, Arizona industrial portfolio to 98% occupied

PHOENIX, April 18, 2024 – JLL announced today that it has completed a 40,415-square-foot lease for PipShip within ViaWest Group’s recently acquired six-building industrial portfolio in Gilbert, Arizona. With the addition of PipShip, the portfolio now sits at more than 98% occupied.

PipShip will relocate its distribution and e-commerce operations from Tempe, Arizona, to 2075 W. Obispo Ave. in Gilbert, representing an expansion in the metro Phoenix market. Its new location is part of the 180,087-square-foot, two-building El Dorado Tech Center, purchased by ViaWest in February as part of a $71.1 million, 428,427-square-foot infill portfolio acquisition from Clarion Partners.


“We are thrilled to welcome PipShip to our newly acquired Gilbert portfolio," said Alex Hondros, Senior VP Acquisitions and Asset Management, ViaWest Group. "This lease not only brings our occupancy rates to an impressive 98% but also signifies the growing appeal and strategic value of the metro Phoenix market. Our focus on acquiring and optimizing top-tier industrial spaces has positioned us as a key player in supporting the expansion of dynamic and innovative companies like PipShip."

Steve Larsen, Executive Managing Director, and Jason Moore, Executive Vice President, from the Phoenix office of JLL, represented ViaWest in its lease negotiations and serve as the exclusive leasing brokers for its Gilbert portfolio.

The JLL Capital Markets team of Mark Detmer, Greer Oliver, Ryan Sitov and Conner Nebeker-Hay represented Clarion in its February sale of the portfolio, which increased ViaWest’s Phoenix industrial footprint to 42 industrial properties spanning more than 8.2 million square feet. ViaWest has been one of the more active investors in Phoenix, having acquired 1.1 million square feet and delivered another 2.1 million square feet over the past 12 months.

“PipShip is a stand-out tenant, not only representing one of the nation’s few woman- and family-owned fulfillment companies, but also highly respected and rated by its clients,” said Larsen. “This new location gives them the space and the resources to continue to build on that success, with the support of ViaWest, who has earned its position as a superior institutional owner.”

The 2075 building totals 110,975 square feet with 30’ clear height, dock-high and grade-level doors, office space and 87 auto parking spaces (expandable). It is located in the heart of the Gilbert office market, with proximity to US 60 and the Loop 101 freeways and supported by a highly educated and diverse workforce.

In Phoenix, JLL is a market leader employing more than 550 of the region’s most recognized industry experts offering office, industrial, retail, healthcare and data center brokerage, tenant representation, facility and investment management, capital markets, multifamily investments and development services, and related services within the real estate leasing, investment and management process. In 2023, the Phoenix team completed more than 120 million square feet in lease and sale transactions, with a total transaction volume of more than $1.1 billion, and directed $67 million in project management across 63 projects.

For more news, videos and research resources, please visit JLL’s newsroom.

– ends –

About JLL
For over 200 years, JLL (NYSE: JLL), a leading global commercial real estate and investment management company, has helped clients buy, build, occupy, manage and invest in a variety of commercial, industrial, hotel, residential and retail properties. A Fortune 500® company with annual revenue of $20.8 billion and operations in over 80 countries around the world, our more than 106,000 employees bring the power of a global platform combined with local expertise. Driven by our purpose to shape the future of real estate for a better world, we help our clients, people and communities SEE A BRIGHTER WAYSM. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit jll.com.

About ViaWest Group
Established in 2003, ViaWest Group is a Phoenix-based, full-service commercial real estate investment, development and property management firm. ViaWest Group is one of the fastest growing real estate investment companies in the Southwestern U.S. with over $3.1 billion in aggregate transactions since inception, 13.2+ million square feet owned, managed and under development, with offices in Phoenix and Denver. ViaWest Group is currently seeking to acquire and develop office, industrial and multi-family buildings and land parcels in the Southwestern U.S. Visit our website www.viawestgroup.com or contact Mikele Keiffer at (602) 957-8300 x116.

The Latest

More Stories

VARGO® announces several vendor partnerships and client expansions in Q3 2024

Dublin, Ohio (November 19, 2024) — VARGO®, a leading provider of material-handling systems integration, warehouse execution software and equipment solutions, has announced several new vendor partnerships and customer advancements that are helping them to create efficiencies and empower fulfillment.

VARGO® and Tompkins Robotics have signed a mutual partnership, designating VARGO® as an authorized integrator of the technology. “Tompkins is an obvious choice in partner for us,” said Bart Cera, CEO. “Their robotics solutions are conducive to a weightless, continuous flow as well as being modular and quickly deployable. Their solutions have the ability to shrink or grow with the size of our customer’s operation which will allow us to utilize it often and in many different merchandise categories.”

Keep ReadingShow less

Featured

Seegrid joins Open Source Robotics Alliance

Seegrid RS1 AMR utilizing ROS 2 to perform manipulation task in industrial facility.

Photo courtesy of Seegrid

Seegrid joins Open Source Robotics Alliance

November 19, 2024 - Seegrid Corporation, a leading manufacturer of autonomous mobile robot (AMR) solutions for palletized material handling in the US, today announced its membership in the Open Source Robotics Alliance (OSRA), an initiative of the Open Source Robotics Foundation (OSRF). Through this partnership, Seegrid will contribute its industry-leading expertise through its active involvement in the open-source robotics community. The company joins a vibrant network of innovators, collectively driving open-source development for the betterment of the global robotics landscape.

As part of the OSRA, Seegrid will actively support initiatives that foster collaboration and shared knowledge across the robotics field. The company aims to participate in key OSRF activities, including the renowned ROSCon event, as well as on-line communities such as GitHub and ROS Discourse.

Keep ReadingShow less
Rich Egan headshot

Rich Egan, Averitt's vice president of international solutions

Averitt

Averitt names Rich Egan vice president of international solutions

COOKEVILLE, Tenn. – Averitt has appointed Rich Egan as the company’s new vice president of international solutions. Egan, who brings over 40 years of experience in the transportation industry and has specialized in international logistics since 1990, will assume the position held by the retiring Charlie McGee.

Since joining Averitt in 2019 as director of international solutions, Egan has played a pivotal role in shaping the company’s global logistics strategy. His expertise and commitment to service excellence have contributed significantly to Averitt’s growth in this sector. In his new role, Egan will lead the international solutions team and drive strategic initiatives to enhance Averitt's global logistics offerings.

Keep ReadingShow less

Conveyor Solutions, KVK, Electrical Services Group, SIM Aftermarket Services, and SIM Software, combine

Elgin, Il. - October 21, 2024 – Systems in Motion today announced that its new name and brand will be effective immediately. This name change is part of a rebranding initiative, but is also the culmination of the companies’ close working relationship for the past five years and represents their unified strength. Systems in Motion will continue to provide material handling services as a tier-one, turnkey material handling integrator.

The Systems in Motion name creates a single and powerful platform – one that embodies client and industry goals of moving forward – while understanding the complexities and unique objectives of every system. The new brand also signifies the culmination of investment in internal processes that streamline procedures, and deliver a seamless customer experience.

Keep ReadingShow less
HTL Freight Acquires CTS Logistics, Expanding into Managed Transportation

HTL Freight Acquires CTS Logistics, Expanding into Managed Transportation


September 24th, Charlotte, NC - HTL Freight, a rising leader in the third-party logistics (3PL), is pleased to announce the acquisition of CTS Logistics, a full-service managed transportation company (4PL) headquartered in Windham, NH. This acquisition, HTL Freight’s fourth major transaction since 2021, reinforces its commitment to delivering exceptional freight solutions across North America.

Keep ReadingShow less