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Phoenix & Southwest  + Phoenix + Texas  + Industrial  | 
Contour Receive $99 million construction loan for 850,000 sf business park

Contour Receives Financing for Phoenix-Area Business Park Buildout

A joint venture led by California-based Contour, received $99 million in construction financing for the five-building first phase of the Sossaman Park 202 industrial campus in Mesa, Ariz. The 108.9-acre site is at the southwest corner of Sossaman Road and Warner Road.

JLL arranged the financing on behalf of the borrower. The four-year, floating-rate loan for the 828,718-square-foot development was provided by Pacific Western Bank.

Upon completion, the project will comprise a mix of light industrial, warehousing and distribution buildings ranging from 130,318 square feet to 198,782 square feet. Each will offer two grade-level doors, between 25 and 41 dock-high doors, 50- x 52-foot column spacing and 32-foot clear height throughout. The site is only 2.5 miles from Phoenix-Mesa Gateway Airport, the nation’s only joint cargo hub, served by both U.S. and Mexican custom agents and allowing for the expedited shipment of goods. 

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About Mike Boyd

Mike covers our Texas and Phoenix/Southwest regions. He is a veteran news reporter who spent 10 years in radio and television news, mostly in Tucson, Arizona. Following his career in the media, he spent ten years as a communications executive for a publicly traded development company. Mike is married with three boys and three Huskies.

  • ◦Development
  • ◦Financing
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