By The Mangat Group
The Mangat Group announced plans to expand its industrial development footprint of new flex industrial space across four locations in the West Valley. The project builds on the previously announced MG Business Park and responds to increasing demand from small- to mid-sized businesses seeking flexible office and warehouse space in one of Arizona’s fastest-growing regions.
The Mangat Group expects to invest more than $250M across the four planned developments. The first project, located on Glendale Avenue and New River Road, is entering its second phase of development and will include 71 units totaling approximately 93KSF. A second development adjacent to the site will feature 31 units across 84KSF. In Laveen, a project on the NWC of Baseline Road and Loop 202 will include 28 units totaling about 75KSF. A fourth development in Buckeye, located at Watson Road and MC 85, will feature 89 units across approximately 175KSF.
Each project will deliver modern small-bay industrial spaces featuring a small office paired with rear warehouse functionality.
“Small businesses are often overlooked when it comes to industrial real estate,” said Tony Mangat, founder and CEO of The Mangat Group. “Most developers focus on large warehouses. We’re building flex space that allows small businesses to own their space, grow their operations, and build long-term stability.”
The expansion comes amid strong demand for small-bay industrial space nationwide. Industrial buildings under 50KSF have a vacancy rate between 3% and 5%, significantly lower than large-format logistics facilities. However, most new industrial construction continues to focus on warehouses larger than 100KSF, leaving limited inventory available for smaller businesses.
RKAA Architects is serving as the project architect, with Bowman providing civil engineering services. KCB Contracting will serve as the general contractor, with Mangat Construction supporting project delivery as the construction arm of The Mangat Group.
Sales are currently available at $350/SF for gray shell. Units are available for purchase by owner-users and investors seeking long-term industrial assets. For the Glendale developments, Jordan Tennant of ORION Investment Real Estate is representing the south parcel, which is entering its second phase, while Chris Keeley of Phoenix Commercial Brokers is representing the north parcel.
