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Trammell Crow, Principal Deliver Gilbert Gateway Commerce Center
Trammell Crow Company (TCC) and Principal Real Estate Investors delivered Gilbert Gateway Commerce Center, a 416,575-square-foot, three-building, Class A industrial development in Gilbert. An unnamed national home improvement company signed a lease to occupy 116,934 square feet in Building 3 as a distribution and fulfillment center, with plans to move in early 2021.
TCC’s Ryan Norris says, “The development is fulfilling a growing demand for high-end logistics space in this particular area of the Southeast Valley. The buildings that remain available offer highly functional and flexible configurations that we believe are ideal for a number of ecommerce and distribution-type tenants.”
Building 1 is comprised of 123,283 square feet while Building 2 features 138,970 square feet. The home improvement company will occupy a portion of Building 3’s 152,719 square feet at 4465 East Nunneley Rd.
JLL’s Steve Larsen, Bill Honsaker and John Lydon represented the tenant. CBRE’s Evan Koplan and Serena Wedlich represented the owners of the 28-acre site.
For comments, questions or concerns, please contact Dennis Kaiser
- ◦Development
- ◦Lease