By AZRE | AZ Big Media (Submitted Photo)
The joint venture of Tempe-based Metro Commercial Properties and Principal Real Estate Investors of Des Moines, Iowa announced the commencement of development for five new light industrial properties totaling 406,575 square feet to be added to the fully-occupied Metro East Valley Commerce Center.
The buildings are the newest additions to the successful Metro East Valley Commerce Center at US 60 and Mesa Drive in Mesa. Metro East Valley Commerce Center currently consists of six existing buildings totaling nearly 700,000 SF, which is currently fully leased.
Janet Herlyck, Executive Vice President at Metro Commercial added, “We expect increased commercial growth, not just from large corporate users, but also from the small and medium sized businesses that are beginning to regain confidence and reinvest to grow their business in Arizona.”