Nike Inc. paid $69.8 million for a facility in a fast-growing suburb of Phoenix where the sports equipment maker expects to open its third U.S. manufacturing facility, all while the company is in the local spotlight following political criticism from Arizona Gov. Doug Ducey over its cancellation of a patriotically themed sneaker.
Nike Proceeds With US Expansion, Buying Factory Amid Political Scuffle
Nike Air Shoes Production Expected to Begin Early Next Year
This news story is available exclusively to CoStar subscribers.
Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.
This news story is available exclusively to CoStar subscribers.
Ready to Learn More?
Sign Up For a Personalized Demo.
Sign Up For a Demo To Learn More.
Already A Subscriber? Sign In