DENVER — Shortline holding company OmniTRAX has acquired Central Arizona Commerce Park’s rail infrastructure and remaining park acreage.
With the acquisition, OmniTRAX becomes the exclusive infrastructure partner of the 679-acre industrial park located in Casa Grande, which is midway between Phoenix and Tucson. This move marks OmniTRAX’s third rail transaction in the past six months and positions the company as a key growth partner in burgeoning semiconductor and electric vehicle supply chains.
“Saint Holdings has been a visionary developer in the valley, and we are excited to help expand CAZCP’s exceptional owner base and grow the region,” OmniTRAX CEO Dean Piacente said in a statement. “Jackob Andersen has played a pivotal role in making Pinal County and Casa Grande one of the Southwest region’s premier logistics hubs and OmniTRAX is excited to work with our local and state partners to power the park’s long-term growth and development.”
CAZCP is located in Pinal County’s innovation corridor, a designated Arizona mega-economic region due to its concentration of global technology, advanced manufacturing, and distribution companies. The park includes Lucid Motors, Tractor Supply, Wright Asphalt, Triumvirate Environmental, and numerous Tier-1 material suppliers to the semiconductor industry.
“CAZCP’s exceptional location and logistics advantages are unmatched,” said Saint Holdings CEO Jackob Andersen. “OmniTRAX adds valuable infrastructure expertise and industry relationships to a very dynamic park clientele. We are thrilled about the new partnership and look forward to growing the region.”
CAZCP offers rail connections via Union Pacific, as well as multi-modal access to the Ports of Long Beach and Los Angeles, and the Phoenix and Tucson international airports.
OmniTRAX operates 28 railroads, serving ports and industrial parks across the country. The CAZCP rail operation marks the seventh major industrial park served by the OmniTRAX rail network.
