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Graycor, Metro Commercial Finish Up 1.1 Million SF Phoenix Business Park
Developer Metro Commercial Properties and builder Graycor Construction Company have delivered the final industrial buildings at Metro East Valley Commerce Center in Mesa. The latest delivery totals five buildings and marks the completion of the 11-building, 1.1 million-square-foot Class A industrial project – one of the largest master planned commerce parks in Phoenix’s Southeast Valley.
Built as speculative developments, they obtained leasing commitments for approximately 80 percent of the leasable space prior to completion of shell construction. All but one space in the project has now been leased.
Graycor’s Rusty Martin was pleased with the result, “The location and amenities of these buildings, and their divisibility, ensure their long-term success as a great fit for companies of a variety of sizes and specialties.”
Leases at all 11 buildings reflect tenants from a wide range of industries including residential HVAC, motorsports, pharmaceutical packaging and distribution, aerospace and semiconductor manufacturing.
- ◦Development