California-based IAC Industries relocates 50,000 SF manufacturing facility to Phoenix
Phoenix, Ariz. (March 6, 2018) - Kidder Mathews brokers, Mike Ciosek, Eric Bell and Dylan Scott, negotiated the purchase of a 50,000 square-foot manufacturing facility located at 3831 South Bullard Avenue in Goodyear, Arizona, on behalf of IAC Industries.
IAC is a manufacturing company that specializes in specialty workstations, benches, lab stations, and shelving units. The 50,000 square-foot building sits on five acres and will be fully renovated to provide a state of the art manufacturing facility for its new Arizona, and relocating California workforce. IAC will have over 50 employees, many of whom will be hired locally.
"This is another great example of a Southern California company that was looking to relocate to Arizona to reduce operating costs and increase the bottom line, without sacrificing a quality employment base. We're excited to have had the opportunity to assist them with their search," said Ciosek, Kidder Mathews managing partner.
About Kidder Mathews
Kidder Mathews is the largest independently owned commercial real estate firm on the West Coast, with more than 700 real estate professionals and staff in 21 offices in Washington, Oregon, California, Nevada, and Arizona. Kidder Mathews offers a complete range of brokerage, appraisal, property management, consulting, project & construction management, and debt & equity finance services for all property types. The firm performs $7 billion in transactions, manages nearly 50 million square feet of space, and conducts 1,500 appraisals annually. For more information, visit kiddermathews.com.