Waymo — Google's autonomous vehicle subsidy — signs industrial lease in Phoenix - Phoenix Business Journal

Autonomous driving company Waymo has inked a lease for at least 65,000 square feet of industrial space at Central Logistics Center in Phoenix.

Waymo and entities linked to developer ViaWest Group entered into a more than five-year lease agreement in May, according to a memorandum of lease filed with the Maricopa County Recorder's Office. Waymo has the option to extend the term for another five years.It's unclear what Waymo will use its new facility for and when its opening date will be. The company could not be immediately reached for comment.which included two new buildings — a 94,146-square-foot class A industrial building that could be divided for two tenants and a 71,555-square-foot warehouse adjacent to the existing cold storage facility — as well as the renovation of a 76,301-square-foot freezer storage facility.

Phoenix-based ViaWest bought the site, which is south of the downtown Warehouse District, at 111 E. Buckeye Road in June of 2019 for $18.6 million, according to previous reporting by the Business Journal., who represented Waymo in its lease. Koplan could not be immediately reached for comment.

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Fat Cats unveils details for newest planned location in Phoenix metro - Phoenix Business JournalThis will be the company's fourth location in the Valley and first in the West Valley. The developer of the shopping center also spoke to the Business Journal about the significance of the project.
Source: phxbizjournal - 🏆 254. / 63 Read more »

Mesa names Mary Kopaskie-Brown as its new planning director - Phoenix Business JournalThe new hire from Riverside, California succeeds Nana Appiah, who was announced last December as Mesa's new director development services.
Source: phxbizjournal - 🏆 254. / 63 Read more »

Long Covid is keeping millions out of work, Brookings report finds - Phoenix Business JournalLong Covid is proving to have a substantial effect on the workforce, according to new research. Experts say employers can't ignore the issue.
Source: phxbizjournal - 🏆 254. / 63 Read more »

Chris Bianco to be featured on Netflix show - Phoenix Business JournalEarlier this year he won his second James Beard Award and he recently opened another location of his Pizzeria Bianco restaurant in Los Angeles.
Source: phxbizjournal - 🏆 254. / 63 Read more »

Many workers still aren't taking vacation time, but there is some good news - Phoenix Business JournalA significant percent of employees still aren't taking any vacation, but there is a silver lining at a time many companies are battling rising burnout.
Source: phxbizjournal - 🏆 254. / 63 Read more »

Rosewood Court in Uptown Dallas is 99% leased - Dallas Business JournalDallas-based White Rock Coffee will also have a home in the lobby of the property alongside additional retail and dining options such as Ocean Prime, Flower Child and Tipsy Alchemist.
Source: DallasBizNews - 🏆 525. / 51 Read more »