Metro Industrial Properties developed the 11-building campus.
Metro Industrial Properties Inc. has accomplished the event of Metro East Valley Commerce Heart in Mesa, Ariz. Phases III and IV convey the whole sq. footage of the campus to 1.1 million, making it one of many largest master-planned industrial parks in Phoenix’s Southeast Valley. Graycor Building Co. served as basic contractor.
Phases I and II comprise six buildings totaling 712,049 sq. ft and have been accomplished in 2016 and 2019, respectively, whereas Phases III and IV have 5 buildings starting from 58,399 to 112,097 sq. ft. Metro Industrial Properties obtained a $29.1 million development mortgage from Areas Financial institution in 2021 for the event of the final two phases, CommercialEdge information reveals.
The properties characteristic 32-foot clear heights, dock-high and grade-level loading and provide house for workplace, warehouse, manufacturing and light-weight industrial makes use of. On the time of their completion, 80 % of Phases III and IV have been already pre-leased. Principals Chris McClurg and Ken McQueen of Lee & Associates are the mission’s leasing brokers.
Bordered by Baseline Street, South Horne Avenue and Hobson Drive, Metro East Valley Commerce Heart is eighteen.5 miles from downtown Phoenix, simply south of Superstition Freeway. Phoenix Sky Harbor Worldwide Airport is 14 miles away.
Graycor may even be the overall contractor of an upcoming industrial mission in Glendale, Ariz. At full build-out, the campus will comprise greater than 1.5 million sq. ft throughout 5 buildings.
