The Brickyards. (Rendering courtesy of Cushman & Wakefield)
By AZRE
Cushman & Wakefield has arranged the sale of a fully entitled ±44-acre industrial development site in Mesa, Arizona. The site, positioned at the southeast corner of Ellsworth Road and Willis Road, was acquired by Martens Development Company. This sale accounts for the first phase of the project and the second phase accounts for an additional ±17 acres. In the first phase, Martens plans to build a new seven building ±603,000-square-foot Class A industrial project known as “The Brickyards”. The Scottsdale-based development company purchased the land in Phoenix’s Southeast Valley for approximately $19.1 million.