CRG’s The Cubes at Mesa Gateway Will Cater to Large Users

The Southeast Valley submarket is expected to add more than 120,000 residents by 2025. To be sure, the submarket is booming, with strong gains in high-tech industrial sectors such as semiconductor, aerospace, electric vehicle, defense and data centers. However, much of the area’s current industrial inventory caters to smaller users, says Mark Sonnenberg, CRG senior vice president and partner, Southwest region.

CRG recently shared plans to develop The Cubes at Mesa Gateway, which will bring up to 4 million square feet of speculative and build-to-suit space in Mesa. The 268-acre site will be the largest master-planned development-ready industrial park in the submarket. The Cubes at Mesa Gateway is five miles from the Phoenix-Mesa Gateway Airport and south of the under-construction AZ 24 freeway expansion.

JLL’s Steve Larsen represented CRG in the land acquisition and will work alongside JLL’s Pat Harlan and Jason Moore to handle leasing for the project. Offerings include multiple building and size configurations ranging from 250,000 square feet to 1.2 million square feet, with build-to-suit opportunities and lot purchase options.