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The construction cost is estimated to be $26 million per building for a total of $52 million. “This industrial development will help serve the region’s needs and will be home to advanced manufacturing companies that will bring high wage jobs to our community,”
PHOENIX — Developers have broken ground on a 113-acre industrial park in Mesa that will be home to more than 1.6 million square feet of space across 10 buildings.
IndiCap and AECOM-Canyon Partners today joined JLL and the City of Mesa to break ground on Eastmark Center of Industry, a 113-acre industrial park located in the heart of the Gateway Airport submarket in Mesa, Arizona.
A Nevada industrial developer broke ground on a 10-building industrial park located between data centers for Apple and Meta near Phoenix-Mesa Gateway Airport in Mesa, Arizona.
IndiCap and AECOM-Canyon Partners joined JLL and the City of Mesa to break ground on Eastmark Center of Industry, a 113-acre industrial park located in the heart of the Gateway Airport submarket in Mesa, Arizona.
MESA, ARIZ. — IndiCap and AECOM-Canyon Partners have broken ground on Eastmark Center of Industry, a 113-acre industrial park in Mesa’s Gateway Airport submarket.
IndiCap, together with AECOM-Canyon Partners, has broken ground on Eastmark Center of Industry, a 1.6 million-square-foot industrial park in Mesa, Ariz. The development team includes Layton as general contractor, Kimley Horn serves as general engineer and Deutsch Architecture is the project architect.
Davis Commercial AZ announced that it has expanded its office with the hiring of an associate broker and a business development specialist. Joining the firm is associate broker David Roberson and business development specialist Cathy Maloney.
IndiCap, a boutique commercial real estate company specializing in industrial investment and development in the Arizona and Nevada sectors, announced Geovanni Villalta, an accomplished professional with more than 20 years in the construction industry, has joined the IndiCap team as a senior development manager.
Boutique commercial real estate firm IndiCap has hired Leah Rinta as Controller to oversee the company’s operational accounting, financial reporting and related internal controls.
PHOENIX (April 26, 2022) - IndiCap, a newly formed boutique commercial real estate company specializing in industrial investment and development in the Arizona and Nevada sectors, in a joint venture with AECOM-Canyon Partners, announced its entry into the Phoenix real estate market with the recent $48 million acquisition of two parcels of land totaling 113 acres in the Eastmark master-planned community located in the heart of the Mesa Gateway submarket.
PHOENIX — A Nevada-based commercial real estate company has made its first foray into Arizona, buying 113 acres of land near Phoenix-Mesa Gateway Airport. IndiCap’s $48 million purchase, a joint venture with AECOM-Canyon Partners, will consist of 10 buildings with over 1.6 million square feet of industrial buildings. The project, called Eastmark Center of Industry, is located within the Elliot Road Technology corridor.
IndiCap and AECOM-Canyon Partners recently teamed up on the acquisition of 113 acres of land in Mesa, Ariz., for the development of Eastmark Center of Industry, a 1.6 million-square-foot industrial development. The joint venture partners paid $48 million for the two parcels of land, located in the Eastmark master-planned community.
As a result, large real estate companies are coming to Arizona and buying up land parcels around the areas that tech companies locating in Phoenix. Recently a Nevada-based company called IndiCap, in a JV with AECOM-Canyon Partners bought 113 acres of land near Phoenix-Mesa Gateway Airport for $48 million. It plans to build 10 buildings with over 1.6 million square feet of industrial buildings.
The project, Eastmark Center of Industry, will contain 10 buildings totaling more than 1.6MSF of mid-bay and cross dock industrial buildings. Cornerstone companies assisting in the land acquisition and development include Layton Construction, Kimley Horn, Deutsch Architecture and Snell & Wilmer. Pat Harlan, Steve Larsen and Jason Moore from the Phoenix office of JLL represented IndiCap in its site selection and land acquisition.
The joint venture of IndiCap and Invesco intends to develop a Class A industrial campus in Glendale, Ariz. Set to comprise more than 1.5 million square feet across five buildings, Virgin Industrial Park is slated to break ground in November 2022. Graycor Construction Co. will serve as general contractor, while Deutsch Architecture Group will provide architecture services for the project.
Boutique commercial real estate company IndiCap continues its formidable metro Phoenix industrial development push with the announcement of Virgin Industrial Park, which it will develop in partnership with Invesco. At build-out, the two-phase, 110-acre Class A development will total more than 1.5 million square feet in five buildings. It will also bring IndiCap’s local industrial development pipeline to more than 14.4 million square feet and over 880 acres.
IndiCap, a boutique commercial real estate company specializing in industrial investment and development in the Arizona and Nevada sectors, announced today Todd Ostransky, IndiCap’s vice president of development, will oversee the growth of the Mountain States Region with a current focus on the development of several Arizona projects.
IndiCap has joined forces with AECOM-Canyon partners to buy two parcels of industrial zoned land in the Mesa Gateway submarket. The parcels, which total 113 acres are in the Eastmark master planned community. The parcels acquisition price was $48 million. The real estate at Eastmark will contain 10 buildings totaling over 1.6 million square feet of industrial space. They will range from 83,200 square feet to 426,000 square feet.
IndiCap, a newly formed boutique commercial real estate company specializing in industrial investment and development in the Arizona and Nevada sectors, in a joint venture with AECOM-Canyon Partners, announced its entry into the Phoenix real estate market with the recent $48 million acquisition of two parcels of land totaling 113 acres in the Eastmark master-planned community located in the heart of the Mesa Gateway submarket.
