Centris Industrial – a REIT sponsored by CA Ventures – has plans to build a two-building, 412.2KSF industrial project at 80th Street and Pecos Road in Mesa.
The first building will be 101.4KSF, with spaces divisible between 25KSF and 50KSF. The second building is planned at 310.8KSF, with spaces divisible between 50KSF and 100KSF.
Represented by Phil Haenel of Cushman & Wakefield, Centris acquired the 23-acre-plus site in May for $16.1M. Phil Haenel, Mike Haenel, Andy Markham and Brandon Borsheim of C&W will serve as leasing brokers. The seller was an entity formed by Cedar Point Builders.
LGE Design Build/Group will plan and construct the buildings. The civil engineer is Hunter Engineering. Construction start is expected late this year, with the two buildings being constructed simultaneously. Completion is targeted for early 2024. (Source)
