The Minneapolis-based company is considering the West Valley forone of its distribution centers but has yet to close a deal, sayscompany spokeswoman Kristen Jahnke. But real estate sources tellGlobeSt.com that Target may have drawn a bead on a parcel at thecorner of 75th Avenue and Van Buren Street.
The parcel, near Interstate 10, is owned by San Francisco-basedCatellus Development. The land is under a lease to Sacramento,Ca.-based Buzz Oates Development.
The West Valley has become increasing popular with warehouseusers, thanks in part to its abundance of relatively inexpensiveland and its close proximity to I-10 and I-8. Nearly every grocerystore chain in the Valley has space in the area, as does retailerPetsmart and the US Postal Service.
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