April 25, 2024 11:21 pm
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Phase 3 begins on Metro East Valley Commerce Center

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.”

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© 2024 Rose Law Group Reporter

Rose Law Group Reporter, which provides Dealmaker’s content and service, is contracted by Rose Law Group. Rose Law Group is a full service real estate and business Law Firm practicing in the areas of land use/entitlements, real estate transactions, real estate due diligence/project management, special districts, tax law, water law, business litigation, corporate formation, intellectual property, asset protection, data breach/privacy law, ADA compliance, estate planning, family law, cyber-law, online reputation and defamation, lobbying, energy and renewable energy, tax credits/financing, employment law, Native American law, equine law, DUIs, and medical marijuana, among others. The views expressed above are not necessarily those of Rose Law Group pc or its associates and are in no way legal advice. This blog should be used for informational purposes only. It does not create an attorney-client relationship with any reader and should not be construed as legal advice. If you need legal advice, please contact an attorney in your community who can assess the specifics of your situation.