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| Rendering of planned Gilbert Spectrum Building One, Gilbert, AZ |
PHOENIX, AZ – On behalf of SunCap
Property Group, Graycor Construction Company has started construction on a new,
135,745-square-foot flex industrial building at the Gilbert Spectrum industrial
project.
The building kicks
off development in the southern portion of the 63-acre project, which is
situated at the southwest corner of Elliot and McQueen roads in Gilbert,
Arizona.
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| Todd Ostransky |
The building, known as Building
One, is one of five new buildings – totaling more than 435,000 square feet –
that SunCap will initiate at Gilbert Spectrum as the market demands.
At build-out,
Gilbert Spectrum will include more than 800,000 square feet in eight to ten
buildings that range in size from 60,000 to 200,000 square feet and include
office and flex industrial build-to-suit opportunities.
“Gilbert is experiencing
significant demand for industrial space, particularly among small and mid-size
users wanting to be near major transportation corridors and to capitalize on
this area’s skilled employment pool,” said Todd Ostransky, Graycor
Construction Company Vice President of the Southwest Division.
“Building One is already partially pre-leased
to SDHQ Off Road, which underscores that demand. As SunCap continues to build
at this site, they will be able to monitor market demand and adjust the mix of
office and flex industrial product at Gilbert Spectrum to meet those needs –
something that SunCap does very well.”
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| Mike Orr |
“The location, coupled with the
business-friendly environment in the Town of Gilbert, provides prospective
tenants with access to an educated and diverse workforce and last-mile
opportunities unparalleled in the Southeast Valley.”
Building One fronts McQueen Road
and features a 32 foot clear height, 40 dock high and four grade level loading
doors, and ESFR sprinklers.
Off-road vehicle supplier SDHQ Off Road is leasing 28,000 square feet in the building, with the additional space being developed on a speculative basis, divisible down to 15,000 square feet. Building One is scheduled to complete in late July.
Off-road vehicle supplier SDHQ Off Road is leasing 28,000 square feet in the building, with the additional space being developed on a speculative basis, divisible down to 15,000 square feet. Building One is scheduled to complete in late July.
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| Chris McClurg |
Built by Graycor in
2017, the one-story, Class A office building mixes open collaborative
areas, task-specific work zones and a state-of the-art Sensitive
Compartment Information Facility (SCIF) approved for highly classified
activity.
Chris McClurg and Ken McQueen of Lee &
Associates are the exclusive listing agents for Gilbert Spectrum.
Graycor represents 98 years of
building experience and employs more than 1,500 construction experts.
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| Ken McQueen |
Graycor Construction Company Inc.
is a leader in managing building construction and interiors projects throughout
North America. In Arizona, Graycor combines more than 30 years of local
subcontractor and partner relationships with the company’s 98 years of national
experience in the cold storage, corporate, cultural/educational, food
processing, living and lodging, logistics and distribution, manufacturing and
retail markets.
The combination maximizes Graycor’s national
presence to bring Arizona clients optimal service and product delivery.
MEDIA
CONTACT:
Stacey
Hershauer
