Chinese mattress maker leases manufacturing facility in Goodyear

In This Article

• CRE Brokerages Topic
• Colliers International Company
• Commercial Real Estate Industry
• First Industrial Realty Trust, Inc. Company
• Manufacturing Industry

By Corina Vanek  – Reporter, Phoenix Business Journal Aug 13, 2020, 3:48pm EDT

MLILY, a mattress and memory foam product manufacturer, has leased 643,798 square feet of industrial space in Goodyear for a manufacturing facility, where it aims to employ 300 people.

The company, which is a venture of China-based Healthcare Co., leased space at First Park at PV303, at 3350 N. Cotton Lane, which is under construction and will come online in late 2020. MLILY will lease the entire building for a 10-year term and will take occupancy of the space in mid-December.

Payson MacWilliam, Don MacWilliam, and Chris Reese with Colliers International in Phoenix partnered with Yang Chen in the Colliers International San Francisco office in representing MLILY.

The property is owned by Chicago-based First Industrial Realty Trust Inc.

“By manufacturing in Arizona, MLILY can continue to provide high quality products at a lower cost to U.S. consumers, while expanding its global footprint,” Yang Chen, managing director, Asia Pacific Division with Colliers International in San Francisco said in a statement.

The company makes mattresses, mattress toppers, bases and pillows. The company has factories in China, Thailand, Serbia and the United States.

“MLILY is entering Arizona with this sizable manufacturing facility, which reflects the continued appeal of our industrial marketplace,” Colliers’ Payson MacWilliam said in a statement. “The fundamentals of our pro-business environment attracted this international corporation to Phoenix, which will augment its existing U.S. presence in South Carolina.”

https://www.bizjournals.com/phoenix/news/2020/08/13/chinese-mattress-maker-leases-goodyear-facility.html