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Greystar Begins Building Phoenix-Area 2 Million Square Foot Industrial Park
The park is going in at the corner of Sossaman and Pecos Roads in Mesa, Arizona. It’s being called Gateway Grand and will include three buildings. One will be just over a million square feet and the other two check in at about 500,000 square feet. They’re expected to be completed in 2023.
Qualified companies locating at Gateway Grand May be able to take advantage of the City of Mesa’s Foreign Trade Zone providing reduced or deferred tariffs and duties, along with reduced property taxes. Gateway Grand is adjacent to the the soon-to-be completed Pecos Industrial Rail and Train Extension by Union Pacific.
Greystar’s Billy Cundiff is happy with how it came together, “The immediate access to intermodal transportation, an educated workforce, and high population growth has created the ideal ecosystem for advanced manufacturing and logistics companies expanding their operations.” Derek Builders is the major contractor.
- ◦Development