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Electrical contractor inks big Mesa lease for fabrication facility
CBRE
Posted at 11:36 AM, May 27, 2021
and last updated 2021-05-27 14:36:16-04
MESA, AZ â California-based electrical contractor Rosendin Electric Inc. leased 146,000 square feet at the Power 202 Business Park, a new industrial park in Mesa.
The site will serve as a prefabrication facility, and will put Rosendin Electric in close proximity to a data center project that the company is working on.
Mike Parker of CBRE Group Inc. represented Rosendin in the lease negotiations. The landlord, Phoenix-based Bird Dog Industrial, was represented by Ken McQueen and Chris McClurg of Lee & Associates.
âRosendin had a compressed timeframe to secure a minimum of 120,000 square feet of space in the high-demand Southeast Valley to service a data center project nearby,â Parker said in a statement. âAfter exploring numerous options in the area, we learned Power 202 would deliver in time to meet my clientâ�
JLL Income Property Trust, an institutionally managed daily NAV REIT (NASDAQ: ZIPTAX; ZIPTMX; ZIPIAX; ZIPIMX) with more than $3.6 billion in portfolio assets and 86 properties, announced the completion of financing for Southeast Phoenix Distribution Center, a newly constructed, four-building, Class A distribution center totaling 474,000 square feet located in the Chandler submarket of Phoenix, one of the top warehouse markets within the greater Phoenix metroplex.