Ground-Breaking for 96,000 Sq Ft New Speculative Light Industrial Facility

Here's an announcement from the City of Mesa Newsroom from last week on 28 Nov 2017 and an streaming video from YouTube that was just uploaded a few hours ago  
November 28, 2017 at 11:11 am from http://mesanow.org/news/public/article/1996

Groundbreaking for large industrial facility near Falcon Field and Boeing

Please note: another press release was added Thu 07 Dec

A groundbreaking ceremony was held today for Falcon Field Business Center, 3110 N. Greenfield Road, a 96,000-square foot speculative industrial facility designed to attract manufacturing and/or distribution users to the Falcon Field District. 

Blogger Note: When there's demand for so much more industrial space, this is a speculative investment that's been months and years in development (see below after presser)

Not speculating at all Mesa Mayor John Giles gets right to promoting the project, saying
"Falcon Field Business Center will be an excellent addition to Mesa, . . The decision by EastGroup Properties to bring a new light industrial facility for aerospace and defense companies to the Falcon Field District is a great endorsement of our business-friendly environment."

The development will be located near Falcon Field Airport, Boeing, and the Loop 202, providing easy access to all parts of the valley. Please see image above for area map

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Blogger Note: More information and background can be found here > https://mesazona.blogspot.com/2017/10/falcon-tech-center-city-of-mesa-seeking.html

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Here's the streaming video from YouTube uploaded five hours ago

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. . . back to some snippets from the presser from 28 Nov 2017

EastGroup Properties, which is developing and managing the project, is targeting aerospace, defense, light assembly, distribution and e-commerce businesses as future tenants.
"EastGroup Properties is pleased to be bringing its state-of-the art manufacturing/distribution product to the City of Mesa. We look forward to working with the City to attract businesses to the Falcon Field District,"

- EastGroup Properties Vice President Mike Sacco

> Construction of the facility is expected to be completed in May.

> Once fully leased, Falcon Field Business Center is expected to have at least 110 employees.
> Lee & Associates Arizona is responsible for the marketing of the new project.

Office of Economic Development
Contact: Kim Lofgreen
Tel. 480-644-3962kim.lofgreen@mesaaz.gov
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Willmeng Construction breaks ground on Falcon Field Business Center

Source: AZ Big Media on 01 Dec 2017

With high demand for quality industrial buildings in the East Valley, EastGroup Properties, Phoenix, announced the groundbreaking of Falcon Field Business Center Tuesday, Nov. 28.

The 98,643-square-foot building, located at 3110 N. Greenfield Road, is being constructed by Willmeng Construction and designed by Butler Design Group. 

The industrial space is owned and managed by EastGroup Properties, Phoenix, and is expected to be completed by mid-May 2018.

The Koss Louer team of Lee & Associates Arizona is responsible for the leasing on behalf of EastGroup.

“This site is desirable because it’s in an infill around major transportation features such as airports and freeways, and also around major employers,” said Mike Sacco, vice president of EastGroup Properties. “Falcon Field Business Center has been designed with sustainable features to provide operating efficiencies and the foundation for a comfortable, green working environment for its future occupants. We have designed this building to attract aerospace, defense, light assembly, distribution and ecommerce businesses.”

Property features include:

• Frontage on Greenfield Road
• Grade-level loading
• Truckwell loading
• 252 parking spaces
• 3000 amps service, 277/480V
• 40′ x 52′ column spacing
• 30′ clear height
• LED warehouse lighting
• Fully sprinklered

Willmeng President and CEO James Murphy said, “Falcon Field is yet another project we are honored to work with EastGroup on delivering. As a state-of the-art business distribution center, the project will draw more quality businesses to a great city with a continued vision for assisting businesses in serving the global economy.”

“The Falcon Field Business Center will be an excellent addition to Mesa’s Falcon District and is well suited for the considerable demand we see for large, quality industrial space,” said City of Mesa Economic Development Director Bill Jabjiniak. “With proximity to 202 Red Mountain Freeway, Falcon Field Airport, and high-tech manufacturers such as Boeing, Orbital ATK, and Nammo Talley, we expect Falcon Field Business Center to be a prime location for advanced manufacturing, logistics, aerospace, and defense companies.”