Strive not to be a success, but rather to be of value. –Albert Einstein
Jun 15, 2016, 2:13pm MST Eric Jay Toll Reporter Phoenix Business Journal
Mesa just landed a cutting-edge medical technology manufacturer with upwards to 500 jobs.
Dexcom (Nasdaq: DXCM), a San Diego-based continuous glucose monitoring manufacturer, is taking a 216,000-square-foot building on South Dobson Road near Loop 101 in Mesa’s Fiesta District. The facility will be the company’s second manufacturing plant.
This is this third major employer in the last 12 months that Mesa shepherded into the Fiesta District since the city started its multimillion redevelopment and infrastructure upgrades for the area.
Kevin Sayer, CEO of Dexcom cited three reasons for picking MEsa.
“First, the talent pool available in the Phoenix area is very good,” he said. “There are a lot of medtech companies. Second is location. To be able to get on a plane in San Diego in the morning, fly to Phoenix in an hour, have meetings and go home the same day is really important. And third, the cost profile was very good.”
Sayer looked at “a bunch of West Coast markets,” including Texas, Utah and Colorado.
“We looked at all the usual suspects,” he said. “We were really impressed with the relationship we built with city and government leaders.”
The collaborative effort involved Mesa, Greater Phoenix Economic Council, Arizona Commerce Authority, the Zanjeros and the governor’s office.
Dexcom is the fastest-growing company and leader in CGM manufacturing. The publicly-traded company was founded in 1999.
It’s the fifth major employer closing deals with Phoenix in the last three weeks, bringing the new job commitment total to 2,200 so far.
Eric covers economic development, banking and finance, infrastructure, transportation and utilities.
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AZREIA Market Update | March 2016
Walter Unger CCIM – walterunger@ccim.net – 1-520-975-5207 – http://walter-unger.com
2016 Official Arizona Visitors Guide
http://walter-unger.com/why-phoenix-2/
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Timeline of Phoenix, Arizona history
http://en.wikipedia.org/wiki/Timeline_of_Phoenix,_Arizona_history
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http://en.wikipedia.org/wiki/Phoenix,_Arizona
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Facts of Arizona – year 1848 to 2013
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Walter Unger CCIM, CCSS, CCLS
I am a successful Commercial / Investment Real Estate Broker in Arizona now for 20 years. If you have any questions about Commercial / Investment Properties in Phoenix or Commercial / Investment Properties in Arizona, I will gladly sit down with you and share my expertise and my professional opinion with you. I am also in this to make money therefore it will be a win-win situation for all of us.
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Walter Unger CCIM
Senior Associate Broker
Kasten Long Commercial Group
2821 E. Camelback Rd. Suite 600
Phoenix , AZ 85016
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