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GTIS Partners Announces Joint Venture to Develop 490k Square Foot Logistics Center in Goodyear, Arizona

GTIS Partners Announces Joint Venture to Develop 490k Square Foot Logistics Center in Goodyear, Arizona GTIS Partners Forms JV with Baker Development and Foundation Capital Partners to Create Industrial/Logistics Facility News provided by Share this article Share this article NEW YORK, May 18, 2021 /PRNewswire/  GTIS Partners LP ( GTIS ), a real estate private equity firm headquartered in New York City, with offices in São Paulo, Los Angeles, San Francisco, Atlanta, Paris and Munich, today announced a joint venture with Baker Development Corporation, a privately owned real estate development company based in Chicago, and Foundation Capital Partners, a real estate investment management firm with offices in New York and Miami, to develop Yuma|143, a logistics center in Goodyear, Arizona with an estimated cost of $45 million. The project is located within a Phoenix Qualified Opportunity Zone ( QOZ ).

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