Mesa industrial market explosion keeps booming

ADW Architects/City of Mesa

By Roland Murphy for AZBEX

Since BEX Companies/AZBEX/DATABEX is a small company that covers every commercial development in the state with a valuation of more than $5M, it stands to reason we are a pretty tight crew that communicates efficiently and well.

That said, it’s kind of uncommon for something to happen that so grabs someone’s interest they share it out of sheer surprise. Still, as I was putting together last Friday’s issue on Thursday morning, I got a text from the DATABEX Manager: “Check out Mesa on the leads list!”

The leads list, by the way, is where projects briefly hang out while waiting for inclusion in the database. It’s also a treasure trove for me to find projects that have not yet been reported.

It turns out last week was a particularly busy one for Mesa’s Planning and Zoning and Development Reviewboards, as six new industrial developments totaling almost 4.8MSF in 21 buildings were added to the queue, with a combined construction valuation of $637.5M.

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