Huge warehouse planned in Avondale

A large real-estate developer and investment manager are teaming up to build a sprawling, 1 million-square-foot speculative warehouse complex in the West Valley. The Dallas-based Trammell Crow Co., one of the country's largest commercial-real-estate developers, and Clarion Partners LLC, a New York-based real-estate-investment manager, said they have formed a joint venture to develop the Coldwater Depot Logistics Center at Interstate 10 and 127th Avenue in Avondale. Construction is scheduled to begin this summer, company officials said. They did not provide an estimated cost or completion date, saying the specific plan could change if a large tenant is signed before construction. The project is further proof that the West Valley has become one of the hottest areas in the Southwest for the development of large warehouse facilities to store, package and ship consumer goods ordered via catalog, phone and the Internet.

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