By Thompson Thrift via PR Newswire
Thompson Thrift has announced the acquisition of a 48.5-acre parcel that will be used for the second phase of Elliot Tech Center, a mixed-use industrial and retail project currently under construction within Mesa’s Elliot Road Technology Corridor.
“We are thrilled to be able to add a second phase of our newest mixed-use project in Mesa’s highly-acclaimed tech corridor,” said Ashlee Boyd, managing partner for Thompson Thrift Commercial. “Once completed, the Elliot Tech Center will provide nearly 1MSF of industrial and retail space.”
Thompson Thrift acquired 25.5 acres at the NWC of Elliot Road and Signal Butte Road in 2021. The company recently began construction on three industrial buildings, as well as five retail pads, that will provide 255KSF of space tailored toward manufacturing and technology users. The company expects construction on the first phase to be complete in fall of 2023.
The latest acquisition will allow Thompson Thrift to build an additional five industrial buildings, three of which the company expects will be build-to-suits. (Source)
