International mattress manufacturer enters Phoenix market

Colliers represents MLILY in 643,798 SF lease in Goodyear

Phoenix, August 13, 2020 – MLILY, the retail brand of Healthcare Arizona LLC, a venture of China-based Healthcare Co., Ltd., leased 643,798 square feet of industrial space in Goodyear, Arizona, to be used as a manufacturing facility for its creation of memory foam products.

The company leased space at First Park @PV|303, located at 3350 N. Cotton Lane in Goodyear. To be completed in late 2020, this new facility will be fully occupied by MLILY for a term exceeding 10 years. MLILY is scheduled to take occupancy of the space in mid-December and intends to employ approximately 300 local workers at this facility.

Payson MacWilliam, Don MacWilliam, and Chris Reese with Colliers International in Arizona partnered with Yang Chen in Colliers International’s San Francisco office in representing MLILY. The property is owned by Chicago-based First Industrial Realty Trust, Inc.

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

“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,” adds Yang Chen, managing director, Asia Pacific Division with Colliers International in San Francisco.

Healthcare Co., Ltd., operates factories in China, Thailand, Serbia and the United States, and has produced memory foam items since 2003. The MLILY brand advocates “Redefining Sleep” and offers products including mattresses, mattress toppers, bases and pillows.

First Park @ PV|303 is a Class A industrial facility completed this year and located within the 1,600-acre PV|303 business park. Situated at the confluence of Interstate 10 and Loop 303 in Goodyear, this business park is designed to feature 20 million square feet of office, retail and industrial space.

About Colliers International
Colliers International (NASDAQ, TSX: CIGI) is a leading real estate professional services and investment management company. With operations in 68 countries, our more than 15,000 enterprising professionals work collaboratively to provide expert advice to maximize the value of property for real estate occupiers, owners and investors. For more than 25 years, our experienced leadership, owning approximately 40% of our equity, has delivered compound annual investment returns of almost 20% for shareholders. In 2019, corporate revenues were more than $3.0 billion ($3.5 billion including affiliates), with $33 billion of assets under management in our investment management segment. Learn more about how we accelerate success at corporate.colliers.com, Twitter @Colliers and LinkedIn.

Colliers International in Arizona has served clients locally and globally for more than 35 years.

Related Experts

Payson MacWilliam

Executive Vice President

Phoenix

I have been in commercial real estate since 1986, specializing in industrial real estate sales and leasing in the Southwest Valley distribution market throughout my career. Services include tenant representation and agency listings from many major developers, such as CapRock Partners, Merit Partners, ProLogis, EastGroup Properties, First Industrial Realty Trust, Sun State Builders, Exeter Properties, Sun Life Assurance and Liberty Property Trust.

As an executive vice president with Colliers in Arizona, I partner with Don MacWillliam and Chris Reese. Our top-producing industrial team provides exceptional service and strategic solutions to our clients, representing both landlords and tenants. Our diverse base of knowledge and expertise leads to successful and tailored real estate solutions. We pride ourselves on building relationships that continue far beyond a single successful transaction.

During the past decade, we have added more than 5 million square feet of user build-to-suits and more than 3 million square feet of speculative development product to the Southwest Valley distribution market. Our team has also increased the total distribution base by almost 10 percent in the past 10 years.

I have been a member of the Boys Team Charity since 2004, and am a lifetime member of the Brophy Dad’s Club. I am also support these charitable organizations: Andre House, St. Mary's Food Bank and Feed the Homeless Foundation.

View expert

Don MacWilliam

Executive Vice President

Phoenix

I have been a commercial real estate professional since 1986, specializing in industrial real estate sales and leasing in the Southwest Valley distribution market throughout my career. Services include tenant representation and agency listings from many major developers, such as CapRock Partners, Merit Partners, ProLogis, EastGroup Properties, First Industrial Realty Trust, Sun State Builders, Exeter Properties, Sun Life Assurance and Liberty Property Trust.

As an executive vice president with Colliers in Arizona, I partner with Payson MacWillliam and Chris Reese. Our top-producing industrial team provides exceptional service and strategic solutions to our clients, representing both landlords and tenants. Our diverse base of knowledge and expertise leads to successful and tailored real estate solutions. We pride ourselves on building relationships that continue far beyond a single successful transaction.

During the past decade, we have added more than 5 million square feet of user build-to-suits and more than 3 million square feet of speculative development product to the Southwest Valley distribution market. Our team has also increased the total distribution base by almost 10 percent in the past 10 years.

I am actively involved in my community and have focused my passion for baseball and my desire to give back in a specific way, spending a great deal of time raising funds to renovate the baseball field at a local high school. I also support these community organizations: Ingleside Dad's Club, Juvenile Diabetes Research Foundation, Andre House, St. Vincent de Paul and Westside Food Bank.

In 2018, I was named an Honorary Commander at Luke Air Force Base, with the 420 airmen and women of the 756th Maintenance Unit. I have been involved with many charities over the years but nothing prepared me for the unique, eye-opening adventure I embarked on. My direct involvement with the men, women and children who call this base home has been inspiring, and impacted me in a way I could never imagine. I have seen how dedicated these young service members are to their tasks, to their country, and how they stay focused on taking care of this base and our country, no matter what emotional issues they may be facing here or back home.

View expert

Yang Chen

Managing Director, Asia Pacific Division

San Francisco

Yang Chen is the Vice President of Colliers International’s San Francisco Bay Area. Fluent in Chinese and English, Yang and her team leverage Colliers' prominent position in the commercial real estate market by drawing on the company’s wealth of experience in 67 countries.

Yang’s focus at Collier’s International is supporting Chinese developers and investors in establishing and expanding their footprints in the U.S. Yang advocates for her clients and helps them build valuable relationships in the local community by sharing a vast amount of industry connections that cover the full life cycle of commercial real estate development. 

Through combining the objectives, investment criteria, exiting strategy and approval process of each client, Yang and her team create custom strategies for each project that allow overseas clients to be just as effective as those who have operated locally for many generations.

View expert

Chris Reese

Associate

Phoenix

As an associate with Colliers International in Arizona, I am a member of the top-producing team of Don MacWilliam and Payson MacWilliam. Our team specializes in industrial real estate sales and leasing in the Southwest Valley distribution market.

Services include tenant representation and agency listings from many major developers, such as CapRock Partners, Merit Partners, ProLogis, EastGroup Properties, First Industrial Realty Trust, Sun State Builders, Exeter Properties, Sun Life Assurance and Liberty Property Trust.

I work closely with clients to evaluate their short- and long-term objectives and align marketing strategies with their business goals to deliver results. My strong financial background enables me to calculate current and potential property values, prepare occupancy and operational cost analyses, and provide financial comparisons. My goal is to maximize the financial returns for our clients. Carefully guiding clients throughout the leasing, acquisition and disposition process, I ensure their best interests are represented throughout final transaction negotiations.

Clients and colleagues describe me as smart and analytical, with a disciplined and dedicated work ethic. My accountability, diligence, communication skills and creative problem-solving make me valued partner to our team and our clients.

During the past decade, our team has added more than 5 million square feet of user build-to-suits and more than 3 million square feet of speculative development product to the Southwest Valley distribution market. Our team has also increased the total distribution base by almost 10 percent in the past 10 years.

I have extensive experience in the mortgage and financial services industry. Prior to joining Colliers, I was a mortgage loan originator with Peoples Mortgage in Tempe. I worked with clients, underwriters and loan processors to select the correct mortgage product and complete mortgage loan processing and closings.

Previously I was a president’s club mortgage banker and solution consultant for Quicken Loans in Phoenix. In this role, I maintained the highest level of accuracy and due diligence during the loan approval process, leading to a top 10 percent loans closed rate. I consistently led the company in loans closed and conditionally approved loans.

At Quicken, I developed relationships with potential clients, educated them about the loan process, and provided constructive and timely solutions to build and maintain business. My success at Quicken Loans was demonstrated by promotions received in the fastest timeframe allotted. I was quickly promoted from an initial position as an untitled solution consultant to senior solution consultant, then to executive solution consultant, and finally president’s club mortgage banker and solution consultant.

View expert