California-based industrial developer Contour is moving into the Valley in a big way with three major projects on the board totaling nearly 3.6MSF.
The land for Buckeye 54 was acquired in a joint venture with Shopoff Realty Investments last month. The team paid $6.5M for 54 acres at the SEC of Rainbow Road and Southern Avenue where they plan to build an $80M, 900KSF warehouse development.
Details are scarce on the second Buckeye project other than it is expected to total 1.2MSF when completed.
On the other side of the Valley, Contour received zoning approval from Mesa City Council for a 1.5MSF multi-building development on 112 acres that will be known as the Sossaman 202 Industrial Park.
Site purchases for Sossaman and the second Buckeye project are scheduled to close before the end of the year.
Leasing for the Buckeye projects will be handled by Marc Hertzberg of JLL. Rusty Kennedy of CBRE Group Inc. will manage the Sossaman 202 leasing. (Source)
