PRTODAY / NewswireToday Free press release distribution service network

Written by / Agency / Source: Sunbelt Holdings

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

Sunbelt Holdings Sells Industrial Building to Sub-Zero, Inc. - Sunbelt Holdings has sold a 440,168-square-foot cross-dock distribution building in Goodyear, Ariz., to Sub-Zero, Inc. a Wisconsin–based manufacturer of refrigerators, freezers and wine storage units - Subzero.com
Sunbelt Holdings Sells Industrial Building to Sub-Zero, Inc.

 

NewswireToday - /newswire/ - Phoenix, AZ, United States, 2010/10/07 - Sunbelt Holdings has sold a 440,168-square-foot cross-dock distribution building in Goodyear, Ariz., to Sub-Zero, Inc. a Wisconsin–based manufacturer of refrigerators, freezers and wine storage units - Subzero.com.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Real Estate/Property Management Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Sunbelt Holdings purchased the completed building in July 2010 as part of an acquisition of real estate assets from SunCor Development Co, with the intention of selling the building to a quality industrial user.

Sub-Zero selected the building at Palm Valley 303 because it was fully completed, saving the time to design and build a new facility. Sub-Zero currently operates another 165,000-square-foot facility in Phoenix that produces its integrated line of refrigeration along with the wine storage and undercounter refrigeration. The Goodyear facility is meant to handle production of a new line of refrigeration the company intends to introduce, to streamline production and consolidate manufacturing for the Madison-based appliance company. Sub-Zero also considered Foreign Trade Zone status scheduled to be granted to Palm Valley 303 later this year.

“We are pleased that Sub-Zero chose Palm Valley 303 to expand its manufacturing,” said John Graham, President and CEO of Sunbelt Holdings. “Sub-Zero exemplifies the caliber of business we expect to attract to our premier business park through the next few years. Corporations have indicated Palm Valley 303 to be a highly-prized location along the Loop 303 near Interstate 10, as it provides easy transportation access to California, Texas and Nevada as well as throughout Arizona.”

Joe Porter, Pat Feeney, Dan Calihan and Rusty Kennedy of CBRE’s Phoenix office represented the seller. The buyer was represented by John Pompay and Tony Lydon of Cassidy Turley BRE in Phoenix.

The Sub-Zero building is the first to be completed in Palm Valley 303, a master planned business park along the new Loop 303. A multi-phased project, Palm Valley 303 spans 1,600 acres and is in planning to be one of the largest business parks in the Southwest. It is anticipated to take more than 20 years to complete with an integration of about 20 million square feet of office, retail, flex, R&D, and industrial buildings.

Sub-Zero, Inc. (subzero.com), is the leading manufacturer of American-made luxury refrigeration, freezers and wine storage units and it leads in product design with its built-in and integrated lines. Founded in 1945, Sub- Zero is a privately held company in its third generation of family ownership. Specializing in food preservation, Sub-Zero pioneered the concept of dual refrigeration and prides itself on being the first company to store frozen foods at ultralow, “sub-zero” temperatures. Wolf Appliance, Inc., is the premier maker of ranges, ovens, cooktops and grills and was among the first to introduce the convection oven into the residential market. It is based in a state-of-the-art production facility in Fitchburg, Wis. Both Sub-Zero and Wolf products are available throughout the United States and internationally.

Sunbelt Holdings (sunbeltholdings.com) is a real estate management, investment and development company dedicated to creating real estate projects that give back, both to its investors and the community. Headquartered in Scottsdale, its efforts are concentrated primarily in Arizona. The firm, which has also developed projects in California, Texas and Georgia, celebrated its 30th anniversary late last year. Sunbelt Holdings’ successfully developed commercial projects include Phoenix Gateway Center, which revitalized the 44th Street and Van Buren area, and Greenpark Medical Center in Texas. Their award-winning communities include Blackstone Country Club, Vistancia, McDowell Mountain Ranch, Johnson Ranch, The Legacy Golf Resort, Power Ranch, Superstition Foothills, Sonoran Foothills, Arizona Traditions and Surprise Farms.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Real Estate/Property Management Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Written by / Agency / Source: Sunbelt Holdings

 
 

Availability: All Metropolitan Area

 

Traffic Booster: [/] Quick Newswire Today Visibility Checker

 

Distribution / Indexing: [+]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Real Estate/Property Management articles,
CATCH Visitors via Your Competitors Announcements!


Sunbelt Holdings Sells Industrial Building to Sub-Zero, Inc.

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name Newswire Today and LINK as the source.
 
  Is this your article?
Activate ALL web links and social stream by Upgrading to Press Release PREMIUM Plan Now!

|
Publisher Contact: Patty Shannon - MullenPR.com for Sunbelt Holdings 
602-222-4343 spainter[.]mullenpr.com
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Sunbelt Holdings securities in any jurisdiction including any other companies listed or named in this release.

Real Estate/Property Management via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From Sunbelt Holdings / Company Profile


Read Real Estate/Property Management Most Recent Related Newswires:

Ede Costa Team Joins Berkshire Hathaway HomeServices California Properties
Berkshire Hathaway HomeServices California Properties Opens New Office in Brea
Berkshire Hathaway HomeServices Nevada Properties Opens New Southwest Las Vegas Office
Berkshire Hathaway HomeServices Nevada Properties Appoints New Las Vegas Branch Manager
Homenova, Inc. Launches A Website for Private Home Sales
Real Estate Executives Appointed to GLVAR Board in Nevada
Westcorp CFO Named Top Tech Exec in Nevada
Berkshire Hathaway HomeServices Arizona Names New Manager
Berkshire Hathaway HomeServices California Properties Names Larry Tait Yorba Linda Branch Manager
Progressive Realtors Launches New Website to Connect Home Buyers & Sellers
Americana Holdings Forms Alliance with ListHub Global in Three States
Manhattan Boutique Real Estate Joins South China’s Leading Luxury Property Show
17th Annual Kansas City Pagan Pride Day - Harvest Festival and Craft Faire on September 13th
Celebrity Staging Expert Announces Ask The Stagers Platform
Berkshire Hathaway HomeServices Arizona Properties Welcomes Hamlet Terry Team

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  BizJobs.com

Visit  JobsWare.com





 
  ©2016 Newswire Today — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (usatoday.com)