The Cotton Center is a premier business park located in Phoenix, Arizona comprised of seven flex/light industrial buildings totaling 225,435 square feet and 34 suites. Developed by Koll in 2001, the Property provides 16 grade-level loading doors, 863 parking stalls (3.7:1,000 sq ft parking ratio), high-quality mature landscaping, and excellent signage. The property is currently 77% occupied by 31 tenants from diversified industries including telecommunications, construction, manufacturing, food service, business services, healthcare, and more.
The Cotton Center sits in the hub of Phoenix’s economic activity with both downtown Phoenix and downtown Tempe less than a 10-minute drive away. This prime location is just a mile south of Phoenix Sky Harbor International Airport and a few miles east of Arizona State University’s giant Tempe campus. With access to the US-Hwy 60 just 1,000 feet away and excellent frontage to 40th street, the park offers superior visibility and access to major markets across the Phoenix Metro Area. Local dining and shopping options are within walking distance, and major retail centers such as the Arizona Mills Shopping Center are less than a 10-minute drive.
Located in the central Phoenix area, the Airport submarket provides access to major business centers including Downtown Phoenix, Downtown Tempe, Scottsdale, the Camelback Corridor, and high-tech employers in the southeast Valley Communities of Chandler, Mesa and Gilbert. Proximity to Sky Harbor International Airport gives this market area its name. In addition, the Airport submarket is close to high-quality executive and employee residential areas in the Biltmore/Arcadia, Scottsdale, Ahwatukee Foothills, and Southeast Valley communities. Tenants chose to locate in this area due to the easy access across the various housing communities. Within a 15 minute drive, a tenant can reach most of the major housing communities in Phoenix.
The Airport Market area surrounding The Cotton Center has historically been the strongest and most active for R&D, distribution, small and large manufacturing, and service office employment in the Phoenix metropolitan area. The result is a broad and deep base of complementary employment. There is a large base of potential tenants to draw from, as well as tenants who are located in the Portfolio assets servicing the many larger employers in the area. The strength of this area is evident in the fact that 30% of all of the Phoenix area industrial property is located in the Airport Area submarkets, and 2.98 million people live within a 30 minute commute, representing 69% of the entire Phoenix metro area.