TCC Announces Development and Full Lease of Phase III at Park Lucero

Trammell Crow Company (TCC) and partner Artis REIT announce the development of the third phase of Park Lucero, a Class A, industrial build-to-suit, and full-building lease commitment by Silent-Aire USA, Inc. The manufacturing company has signed a lease for the 146,832-square-foot building located at 280 East Germann Road. Construction has commenced and the project is estimated to deliver in May 2017. The new facility will be a relocation and expansion of Silent-Aire’s current U.S. headquarters located in Gilbert.

 

“Silent-Aire is excited for the next phase of our manufacturing expansion in the United States and the designation of Gilbert, Arizona as our US headquarters,” said Brett Manning, Vice President of U.S. Operations for Silent-Aire USA. “We have been extremely pleased with our interactions with the Mayor, Council, and Town Staff. Working with the entire TCC team has been fantastic, and we are proud to contribute to the growth of the advanced manufacturing industry in Arizona and North America.”

 

“People are the foundation of Silent-Aire and our new Gilbert Headquarters will be home to our current 225 employees with 200 additional new career opportunities available for skilled and dedicated individuals who want to be part of our Silent-Aire USA team,” said Dan Leckelt, Co-President of Silent-Aire.

 

For more than 20 years, Silent-Aire has specialized in the research, design, fabrication and manufacturing of custom heating, ventilation and air conditioning (HVAC) systems with a concentration in Healthcare, Industrial and Data Center markets. Their products have been deployed around the globe and their technology systems heat and cool some of North America’s largest corporations, keeping several world-leading data centers operational.

 

“Silent-Aire is a tremendous asset for the Gilbert community and we’re excited for the 200 new jobs this expansion will create, in addition to the 225 jobs currently employed at their Gilbert location,” added Gilbert Mayor Jenn Daniels. “Park Lucero is home to many growing businesses and we look forward to what future phases of this development will bring.”

 

“We are excited to deliver Phase III of Park Lucero to Silent-Aire and provide a best in class manufacturing facility that will allow the company to grow and seek new business opportunities in the U.S. and globally,” said Cathy Thuringer, Principal with TCC’s Phoenix Business Unit​.

 

Park Lucero is planned as a Class A industrial park featuring a combination of buildings with dock-high, truck well and grade-level loading, 24-foot to 30-foot ceiling clear heights and an overall 2.1:1,000 parking ratio. The project is located on 48 acres at the northwest corner of Mustang Drive and Germann Road near the Gilbert/Chandler border. The site has frontage along the Loop 202 freeway and Germann Road and is directly adjacent to more than 1 million square feet of retail amenities.

 

Western Alliance Bank is the project lender. Butler Design Group of Phoenix, AZ serves as lead architect and D.L. Withers Construction serves as general contractor. Rusty Kennedy with CBRE Phoenix represented Silent-Aire. The team of Pat Harlan and Steve Larsen of JLL represented the Landlord and handles the leasing and marketing for Park Lucero.

 

This is the third of four phases at Park Lucero. Phase II, a 131,796-square-foot general industrial building is currently under construction and scheduled for completion in January 2017. Upon full buildout, Park Lucero will consist of nearly 600,000 square feet of industrial space in six buildings.

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