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
Office: 480-948-5554 or email me walterunger@ccim.net. – What is a CCIM.
In Business and in Life you don’t get what you deserve, you get what you Negotiate.
contact me if you want the me to get you the value of your property.
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By Brandon Brown – Reporter, Phoenix Business Journal Aug 12, 2021
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Facebook Inc. (Nasdaq: FB) is about to make its first data center investment in Arizona, and it is a big one.
The Silicon Valley-based tech company and social media giant announced Thursday it is starting construction on an $800 million data center in Mesa.
The first phase of the Facebook Mesa Data Center will consist of two buildings totaling 960,000 square feet, and the first building should be online by the end of 2023, said Rachel Peterson, Facebook’s vice president of infrastructure.
Once operational, Facebook expects the project to support approximately 100 jobs. The construction of the data center is expected to require up to 1,500 construction jobs at peak.
Facebook, under the pseudonym Redale LLC, closed on July 21 on 396 acres in Mesa on the southeast corner of Elliot and Ellsworth Roads for $123.2 million, according to documents filed with Maricopa County. The large property will allow Facebook to expand its Mesa operations to five buildings in the future, when the demand arises, Peterson said.
“This center is to help us keep up with the growing needs of the business,” Peterson said.
Technology companies like Facebook need data centers to store digital files as well as for processing. With millions of people using Facebook and its other brands like Instagram and WhatsApp, the company has a lot of data and needs these centers to make their products run smoothly.
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High-profile neighborhood
Facebook is joining several large data centers already operating or under construction in east Mesa. Facebook’s center will be between Apple’s and Google’s data centers on Elliot Road.
“Through significant investment, we’ve created this corridor to attract these big users. And these big tech companies follow each other,” said Dea McDonald, the general manager of Eastmark, the rapidly growing master-planned community where Facebook is setting up shop.
After Apple opened its facility in East Mesa half a decade ago, McDonald said more and more big companies started looking at Eastmark for large projects, with Google and Facebook deciding to build there.
McDonald said Eastmark, which is a joint venture between Brookfield Residential Arizona and DMB Associates, was first contacted by the Arizona Commerce Authority in September 2020 about a large company looking for a lot of land to build a high-tech project.
While the process was secretive at first, McDonald said Facebook was easy to work with and the whole deal was done with no in-person meetings because of Covid-19. Everything was done over the phone or email, he said.
Eventually Facebook decided on the Eastmark land, and it went into escrow in January and closed in July. At more than $31,000 an acre, the land transaction was the largest Eastmark has ever done, McDonald said.
There continues to be interest in this area for large projects and McDonald thinks the presence of Facebook will increase the profile of the neighborhood.
“Arizona has become one of the leading destinations for data centers anywhere in the world, and with the addition of Facebook, we demonstrate once again our premier attractiveness for technology,” Sandra Watson, the president and CEO of the Arizona Commerce Authority, said in a statement. “We look forward to partnering with Facebook to prioritize sustainability and conservation as we add to Arizona’s already thriving technology ecosystem.”
Rendering of the $800 million data center Facebook is starting construction on in Mesa.
FACEBOOK INC.
A JLL study ranked the Phoenix-area No. 2 in data center growth in 2020 and Business Facilities magazine ranked Phoenix third for data centers in its 2021 rankings.
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Mesa’s incentives
Facebook has been looking for a new data center site for more than 18 months, Peterson said. The company finally landed on Mesa because “access to infrastructure, opportunities for renewable energy development, strong talent for both construction and operations, and great community partners,” Peterson said.
These types of deals usually come with a handful of incentives or municipalities agreeing to build out infrastructure, but the Facebook deal with the city of Mesa is an exception.
“We already did it,” said Mesa City Manager Chris Brady. “Mesa has been working on the Elliot Road Corridor for a decade.”
Since the city has already invested millions of dollars into the water, sewer and street infrastructure along Elliot Road, large companies like Facebook are able to move into Mesa a lot easier, Brady said.
Sustainability play
Technology companies have come under fire in the past because of the large amounts of electricity and water data centers use. Facebook is trying to counter that by designing more energy-efficient data centers and by helping restore water in other parts of the state.
The company partnered with Salt River Project to build three new solar projects in Pinal County, which will power the Facebook Mesa Data Center. Facebook’s Peterson said the first solar project will be up and running by the end of 2022, so Facebook will be able to use that renewable energy source during construction and from Day 1 of data center operations.
The Mesa project was designed to use 60% less water than the average data center, Peterson said. But Facebook has also committed to funding water restoration projects around the state. The projects Facebook is committed too will restore more than 200 million gallons of water per year in the Colorado and Salt River basins and will cover at least the water consumed for the data center use, Peterson said.
Brady, Mesa’s city manager, said Facebook’s commitment to these projects, as well as what it intends to do in the community and Mesa schools, is another benefit of having the company here, along with the jobs and tax revenue.
This report was updated to include comments from a representative from Eastmark, the master-planned community where Facebook is planning to build.
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SEE IT ALL: https://www.bizjournals.com/phoenix/news/2021/08/12/facebook-to-build-800-million-data-center-in-mesa.html
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
What is a CCIM. In Business and in Life you don’t get what you deserve, you get what you Negotiate.
contact me if you want the me to get you the value of your property.
CCIM DEAL MAKERS FALL 2020 THE BIGGEST DEAL WALTER UNGER, CCIM, WITH WEST USA COMMERCIAL DIVISION IN PHOENIX REPRESENTED GCG HOLDINGS LLC IN ITS $29.43 MILLION SALE OF GOLD CANYON GOLF RESORT AND SPA IN GOLD CANYON, ARIZ., TO GOLD CANYON MJ LLC.
CCIM DEAL MAKERS FALL 2020 THE BIGGEST DEAL / WALTER UNGER, CCIM, WITH WEST USA COMMERCIAL DIVISION IN PHOENIX REPRESENTED GCG HOLDINGS LLC IN ITS $29.43 MILLION SALE OF GOLD CANYON GOLF RESORT TO GOLD CANYON MJ LLC.
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PRESS RELEASE: Gold Canyon resort sells for $29.4M. Walter Unger CCIM from West USA Commercial Division Brokered the Transaction.
http://walter-unger.com/gold-canyon-resort-sells-for-29-4m/
Are you ready to sell or purchase your Land or Commercial Building in Phoenix, Scottsdale, Maricopa County and Pinal County, Arizona, please call me?
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
History of Arizona from 900 BC – 2017 -Timeline.
History of Arizona from 900 BC – 2017 -Timeline.
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”
- DEMOGRAPHIC FACTS ABOUT MARICOPA COUNTY:
Walter Unger CCIM – walterunger@ccim.net – 1-520-975-5207 – http://walter-unger.com
Timeline of Phoenix, Arizona history
Facts of Arizona – year 1848 to 2013
CLICK HERE: Arizona Opportunity Zones As We Understand /maps. Interested!!! Please contact 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
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.
Check out my professional profile and connect with me on LinkedIn.
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.
Please reply by e-mail walterunger@ccim.net or call me on my cell 520-975-5207
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