Phoenix & Southwest CRE News In Your Inbox.
Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.
ATLAS Buys Mesa Industrial Site, Plans 4-Building Warehouse Project
ATLAS Capital Partners (ATLAS), along with development partner Hawkins Development Company, has announced the $13.8 million acquisition of approximately 38 acres in Mesa, Arizona’s Elliot Road Tech Corridor for the development of ATLAS Exchange. The four-building, Class A industrial project, located at 4140 S. Signal Butte Rd., will span four freestanding buildings ranging from 40,000 to 100,000 square feet. Design plans include an amenity-rich environment with shaded ramadas and pickleball courts.
ATLAS Exchange serves single-tenant users seeking a strong identity through their building and operational flexibility through dedicated yard space.
Pat Harlan and Steve Larsen of JLL serve as the project’s exclusive leasing brokers and represented both ATLAS and the property seller in the land transaction.
Construction on ATLAS Exchange is slated to begin in the third quarter of 2025. Build-to-suit opportunities are also available.
Rental Housing’s Next Move: Find out on Thursday, April 10th, at Connect Phoenix Multifamily, SFR & BTR! Register to join Phoenix & Scottsdale’s multihousing experts for an afternoon of insightful discussion panels, high-level networking, and the closing cocktail reception on the terrace! www.ConnectPHXMF2025.com /April 10, 2025 | The Westin Kierland Resort & Spa, Scottsdale.
- ◦Sale/Acquisition
- ◦Development
