Wetta Ventures is planning Gateway Commerce Center II, a 450KSF, $60M heavy industrial-focused development at the SWC of Pecos and Sossaman roads in Mesa.
Represented by Lee & Associates’ Ken McQueen and Chris McClurg, the company has purchased a 28-acre site for nearly $7M.
Since so much recent industrial development has focused on warehousing and logistics, Wetta officials expect the project to fill a needed gap in heavy industrial space. The site is located near Phoenix-Mesa Gateway Airport and a rail line. It already has general industrial zoning in place.
Project representatives expect to begin construction late this year and deliver in Q3 or Q4 2023. The project can be targeted for one or two heavy manufacturing tenants, and representatives expect at least part of the space to be leased before completion. (Source)
