Conor Commercial Real Estate, a member of The McShane Companies, and Globe Corporation, are pleased to announce that the construction of AZ|60 is complete and is ready for immediate occupancy.
The new two-building, 225,600 total square foot speculative industrial property is located within Fiesta Tech Center strategically positioned just off the intersection of Arizona Avenue and Baseline Road in Gilbert, Arizona. This premier urban infill location offers substantial transportation cost savings to industrial users with its close proximity to U.S. Route 60 just one mile away, the Loop 101 three miles away, and downtown Phoenix within 20 miles. The site is also within a three-mile radius to nearly 13 million square feet of retail amenities.
AZ|60 was thoughtfully designed and constructed to maximize efficiency offering flexible configurations and modern amenities meeting the growing demand for Class A space within Gilbert’s robust industrial sector. The architecturally striking development is comprised of two rear-loaded industrial facilities – Building 1 offering 104,900 square feet and Building 2 at 120,700 square feet. Tenant suites are available from 15,000 square feet to a full building user.
The Class A speculative development offers state-of-the-art functionality including 30’ clear heights, grade level and dock-high loading, 180’ building depths, 52’ x 60’ column spacing, ESFR sprinkler systems and advanced utility infrastructure to accommodate heavy industrial users. Ample on-site parking is provided with a 1.7/1,000 square foot parking ratio together with deep truck courts offering optimal truck maneuverability.
“We are pleased to bring AZ|60 to the market with our long-standing partner, Globe Corporation,” remarked Sven Tustin, Vice President of Conor Commercial Real Estate. “This Class A property responds to the rising demand of users seeking high-quality warehouse/distribution and advanced manufacturing space within Gilbert’s industrial submarket. With a contemporary design and efficient features, coupled with a strategic infill location and business park setting, we are confident that AZ|60 satisfies multiple requirements and provides numerous advantages to businesses.”
McShane Construction Company and Ware Malcomb served as the design/build team for AZ|60. Steve Larsen and Bill Honsaker of JLL’s Phoenix office are serving as the exclusive marketing agents for the property.
For more information about AZ|60, contact Larsen (602.282.6296 or steve.larsen@am.jll.com) or Honsaker (602.282.6267 or bill.honsaker@am.jll.com) or visit the property’s website at www.az60industrial.com.
About Conor Commercial Real Estate
Conor Commercial Real Estate is the integrated real estate development and investment arm of The McShane Companies headquartered in suburban Chicago, Illinois with regional offices located in Dallas, Houston, Phoenix and Irvine. Conor Commercial Real Estate is active on a local, regional and national basis in the development of master-planned industrial and office parks, medical office developments, speculative industrial and office properties and build-to-suit projects for lease or purchase. For more information on Conor Commercial Real Estate, visit the firm’s web site at www.conorcommercial.com.
About Globe Corporation
Founded in 1901, Globe Corporation is a diversified investment holding company engaged in real estate investment, development and property management. Globe’s real estate portfolio totals over 2.5 million square feet of property located almost entirely in Illinois and Arizona. Globe has also developed or co-developed an equal amount of property over the past two decades. Globe Corporation is wholly owned by the Getz family and is currently managed by fourth generation family members with offices in Scottsdale, Arizona and Deerfield, Illinois.