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615K-SF Mesa Spec Logistics Center Accepting Tenants
Logistics Property Co. has completed the Palm Gateway Logistics Center, a 615,000-square-foot speculative campus in Mesa, Ariz.
Commercial Edge reports the developer broke ground on the four-building complex last January, financing its construction with a $62.9 million loan from Old National Bank.
Partners on the project included general constructor Alcorn Construction, architecture firm Ware Malcomb and civil engineer SWS Engineering. Lee & Associates is handling the leasing efforts.
Palm Gateway’s facilities range from 93,000 to 290,000 square feet, with clear heights between 28 and 36 feet. Located at 8130, 8134 and 8142 E. Pecos Road, the campus is adjacent to Phoenix-Mesa Gateway Airport.
Logistics Property is also working on a second project in the market, Olive Logistics Center in Glendale. The two-building, 1 million-square-foot campus is expected to come online in the first quarter of next year.
Lee & Associates Ken McQueen, Chris McClurg, Blake Peters and Jack Sims are the leasing representatives.
- ◦Development
