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Merit Partners buys land for $1.5 billion Glendale industrial park

A Phoenix-based developer instrumental in the Red Bull and White Claw facilities being built in the West Valley has closed on a 614-acre parcel of land in Glendale that will be the site of a $1.5 billion logistics park development. 

The parcel at the southwest corner of Bethany Home Road and Loop 303 is part of the 864-acre Allen Ranches property and sold for $70.5 million. The industrial portion of the development will be called Camelback 303. Read more