Revitalized West Valley shopping center changes ownership in $41M deal
The revitalization of Goodyear’s Canyon Trails Towne Center, nearly a casualty of the Great Recession, will continue under a new owner.
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The revitalization of Goodyear’s Canyon Trails Towne Center, nearly a casualty of the Great Recession, will continue under a new owner.
Press release content from Business Wire. The AP news staff was not involved in its creation.
The open-air shopping mall, which has about 1.2 million square feet, last sold in 2013 for $124 million.
Miles Rivers Partners LLC applied to the city to build Crossroads Distribution Center Building 300 at a construction cost of more than $5.17 million. Through Crossjax Distribution II LLC, Miles Rivers intends to develop the 235,200-square-foot center at 6590 Pritchard Road in the Crossroads Distribution Center. The warehouse is planned at southeast Pritchard Road and Interstate 295. The site is in Northwest Jacksonville. Miles Rivers Partners Principal Michael Bradley said previously the building, estimated at a total investment of $14 million, should be completed by the third quarter. The sp...