MARANA, Ariz.–(BUSINESS WIRE)–Shamrock Foods Company, a 100-year-old, multi-billion-dollar, family-owned Phoenix-based company, has acquired 81 acres from Crown West Residential Group at The Crossroads at Gladden. The planned distribution center will serve southern Arizona markets.
Tangerine 2021, LLC, an affiliate of Crown West Residential Group, acquired the Crossroads at Gladden property adjacent to the Gladden Farms master-planned community in 2021 and the Town of Marana approved zoning for a variety of land uses.
The land sale to Shamrock Foods follows the sale earlier this summer of 128 acres to Flint Development for warehouse and distribution logistics buildings. Crossroads at Gladden has 63 acres of property remaining for a mix of uses, with plans underway for a shopping center with over 50,000 square feet of retail, restaurant, and lodging on the corner of Tangerine Road and Clark Farms Boulevard.
“We are excited to welcome Shamrock Foods to The Crossroads at Gladden,” said Crown West Vice President Dean Wingert. “Shamrock, along with a complimentary mix of commercial and retail uses, will bring amenities and employment opportunities to the Gladden Farms community and northwest Pima County.”
The broker for The Crossroads at Gladden sale to Shamrock Foods was Tim Healy at CBRE Advisory & Transaction Services in Tucson.
About Shamrock Foods Company
Shamrock Foods Company specializes in the manufacturing and distribution of quality food and food-related products through a family of companies including Shamrock Foods, one of the top 10 food service distributors, and Shamrock Farms, one of the largest milk companies in the country. Shamrock Foods Company is family-owned and continues its commitment to treating associates like family and customers and suppliers like friends. For more information, visit www.shamrockfoods.com.
About Crown West Realty, LLC
Crown West Realty, LLC is a privately-owned real asset investment, development and management company with offices in New York, Phoenix, Denver, Tucson and Spokane, Washington. Formed in 1996, it is the operating subsidiary of New York Investment firm Petrus Partners Ltd. Crown West Realty operates three separate divisions: Crown West Commercial Group, Crown West Residential Group, and Crown West Farm Group. Within its asset base, the company offers expertise in the acquisition, development, design, construction, marketing and management of major investment properties in major real estate asset classes. For more information, visit www.crownwest.com.