Houston-based developer gets green light for new Mesa industrial park.

You miss 100 percent of the shots you never take, and if you think it’s expensive to hire a professional to do the job, wait until you hire an amateur. FOR OVER 20 YEARS, I HAVE WORKED EXTENSIVELY WITH OWNERS AND BUYERS IN LAND, COMMERCIAL AND INVESTMENT REAL ESTATE IN PHOENIX, TUCSON AND THROUGHOUT ARIZONA. PLEASE LET ME KNOW HOW I CAN HELP YOU. Call me if you want to sell your property and need an estimated value.   Phone / Prefer cell: 520-975-5207
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In Business and in Life you don’t get what you deserve, you get what you Negotiate.

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By Ron Davis  –  Reporter , Phoenix Business Journal Jan 25, 2023

Mesa City Council gave the green light Monday evening to a new industrial business park proposed for about 50 acres south of U.S. 60.

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Developer Hines will look to build the Baseline Technology Park — an eight-building park that will total more than 650,000 square feet. According to a presentation at Monday’s city council meeting, the park is estimated to bring in 1,500-1,900 new jobs from possible tenants in pharmaceutical, medical, food and grocery, apparel and building and construction supplies.

The Baseline Technology Park will be located near Inverness Avenue and Sunview, just to the south of U.S. 60.

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SEE IIT ALL:  https://www.bizjournals.com/phoenix/news/2023/01/25/hines-to-develop-baseline-technology-park-in-mesa.html#:~:text=Mesa%20City%20Council%20gave%20the,more%20than%20650%2C000%20square%20feet

The land is currently owned by VHS Acquisition Subsidiary Number 11 Inc., which has owned the site since 2005, according to the Maricopa County Assessor’s Office. That entity is connected to Dallas-based Tenet Healthcare Corp. and its entity Abrazo Health. Now that the development agreement and rezoning have been approved, Hines will look to purchase the roughly 50 acres from Abrazo Health, said Courtney Schneider, Hines’ director of industrial development in Arizona and Colorado.

While a date for starting construction isn’t finalized, Schneider said Hines looks to get going by late summer or early fall in 2023. Hines will build the park in two phases, starting with three large buildings on the north end of the site that range between 126,800 and 136,582, according to documents submitted to the city of Mesa. The Houston-based developer will need to close on the acquisition of land before starting construction, Schneider said.

She added Abrazo Health is being represented by brokerage firm Transwestern in the deal to sell the land to Hines. Hines will task Cushman & Wakefield’s brokerage team of Mike HaenelAndy Markham and Phil Haenel to be the listing brokers for Baseline Technology Park.

Ware Malcomb will be the project’s architect and civil engineer. A general contractor has not been selected as of Tuesday. Pew & Lake PLC is the land-use attorney.

Schneider said Baseline Technology Park has been in the works since July 2021 when Hines filed a pre-application for the project.

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The Mesa Planning and Zoning Board recommended approval to rezone the property to light industrial and of its preliminary plan in October 2022.

Currently, this is the only industrial project in the works for Hines in the Phoenix metro. Hines developed the 1.25 million-square-foot G303 facility in Glendale near Luke Air Force Base. G303 is fully leased to mattress and memory foam product manufacturer MLILY USA.

The land is located to the west of A.T. Still University and east of Banner Gateway Medical Center.

The southeast Valley had more than 13.7 million square feet of industrial space under construction and a 4.6% direct vacancy rate, according to data from Cushman & Wakefield’s Q4 industrial report.

SEE IIT ALL:  https://www.bizjournals.com/phoenix/news/2023/01/25/hines-to-develop-baseline-technology-park-in-mesa.html#:~:text=Mesa%20City%20Council%20gave%20the,more%20than%20650%2C000%20square%20feet.

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FROM ME:  FOR OVER 20 YEARS, I HAVE WORKED EXTENSIVELY WITH OWNERS AND BUYERS IN LAND, COMMERCIAL AND INVESTMENT REAL ESTATE IN PHOENIX, TUCSON AND THROUGHOUT ARIZONA. Now is the time, if you are thinking of selling or purchasing your Land or Commercial Building in Phoenix, Scottsdale, Maricopa County, Pinal County, Arizona / Office  / Retail  / Industrial  / Multi-family /  please call me on my cell 520-975-5207 or e-mail me     walterunger@ccim.net. Investors and Owner / Users need to really know the market today before making a move. The market has a lot of moving parts. What is going on socio-economically, what is going on demographically, what is going on with location, with competing businesses, with public policy in general — all of these things affect the quality of selling or purchasing your Commercial Properties, Commercial Investment Properties and Commercial and large tracts of Residential Land  Therefore, you need a broker, a CCIM (Certified Commercial Investment Member) who is a recognized expert in the commercial and investment real estate industry and who understands your needs. I am marketing my listings on Costar, Loop-net,  CCIM,  CREXi, Catylist, and various other web sites.  I also sold  hundreds millions of dollars’ worth of  Investment Properties / Owner User Properties in Retail, Office Industrial, Multi-family and Land in Arizona and therefore I am working with  brokers, Investors and Developers. I am also a CCIM and through this origination ( www.ccim.com ) I have access to marketing not only in the United States, but also international

DISCOVER WHAT IS HAPPENING IN ARIZONA

History of Arizona from  900 BC – 2017 -Timeline.

   What is a CCIM.  In Business and in Life you don’t get what you deserve, you get what you Negotiate.

Are you ready to sell or purchase your Land or Commercial Building in Phoenix, Scottsdale, Maricopa County and Pinal County, Arizona, please call me?

contact me if you want the me to get you the value of your property.

Walter Unger CCIM – cell: 520-975-5207 – walterunger@ccim.net

Click here to find out what is a   CCIM:

 CLICK HERE TO VIEW ALL MY LISTINGS. 

Are you ready to sell or purchase your Land or Commercial Building in Phoenix, Scottsdale, Maricopa County and Pinal County, Arizona, please call me?

DISCOVER WHAT IS HAPPENING IN ARIZONA

History of Arizona from  900 BC – 2017 -Timeline.

Walter Unger CCIM cell: 520-975-5207  walterunger@ccim.net

What is a CCIM.

Walter Unger CCIM

Associate Broker

West USA Commercial Division

7077 E MARILYN RD.

Suite 200, Building 4.

Scottsdale AZ, 85254

Phone: 480-948-5554

Cell: 520-975-5207

walterunger@ccim.net

History of Arizona from  900 BC – 2017 -Timeline.

WHY PHOENIX? AMAZING!!!  POPULATION – IN 1950 THERE WERE 331,700 PEOPLE LIVING IN PHOENIX – “NOW 5 MIL”. – “5TH. BIGGEST CITY IN USA”

PHOENIX TOPS US IN POPULATION GROWTH (MORE THAN LA, NYC) AND WHY THAT’S GOOD FOR THE ECONOMY, BUSINESS

History of Arizona from  900 BC – 2017 -Timeline.

WHY PHOENIX? AMAZING!!!  POPULATION IN 1950 – 350 K PEOPLE; “NOW 5 MIL”. – “5TH. BIGGEST CITY IN USA”

CLICK HERE TO VIEW MY WEBSITE

  • DEMOGRAPHIC FACTS ABOUT MARICOPA COUNTY:

Walter Unger CCIM –  walterunger@ccim.net   – 1-520-975-5207  –  http://walter-unger.com

Why Phoenix?  This is a very interesting article, you should read it, amazing, there were only 350 K people living in Phoenix in 1950

Timeline of Phoenix, Arizona history

Phoenix, Arizona

Facts of Arizona – year 1848 to 2013

CLICK HERE:  Arizona Opportunity Zones As We Understand /maps. Interested!!! Please contact me.

Are you ready to sell or purchase your Land or Commercial Building in Phoenix, Scottsdale, Maricopa County and Pinal County, Arizona, please call me?

Feel free to contact Walter regarding any of these stories, the current market, distressed commercial real estate opportunities and needs, your property or your Investment Needs for Comercial Properties in Phoenix, Tucson, Arizona.

Walter Unger CCIM

Associate Broker

West USA Commercial Division

7077 E MARILYN RD.

Suite 200, Building 4.

Scottsdale AZ, 85254

Phone: 480-948-5554

Cell: 520-975-5207

walterunger@ccim.net

What is a CCIM.

FOR OVER 20 YEARS, I HAVE WORKED EXTENSIVELY WITH OWNERS AND BUYERS IN LAND, COMMERCIAL AND INVESTMENT REAL ESTATE IN PHOENIX, TUCSON AND THROUGHOUT ARIZONA. PLEASE LET ME KNOW HOW I CAN HELP YOU PLEASE CALL ME

CLICK HERE TO VIEW ALL MY LISTINGS. 

Also Call me if you need an estimated value of your Property.

Call me if you want to see a map with what is in the Construction Pipeline for Apartments.

Prefer cell: 520-975-5207,   or email me walterunger@ccim.net.       CLICK HERE TO VIEW ALL MY LISTINGS.    

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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. 

Please reply by e-mail walterunger@ccim.net or call me on my cell 520-975-5207

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