November 24, 2024 4:48 am
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Developer starts work on Scottsdale Airpark industrial building

A conceptual rendering via Creation Equity

By Ron Davis | Phoenix Business Journal

The Valley’s tightest industrial market will see a new large building for rent by early 2025.


On Feb. 8, Phoenix-based Creation Equity broke ground on Thunderbird Commerce Park — a  243,360-square-foot industrial building near Scottsdale Airport. The $60 million project will add to a submarket with the lowest amount of square footage for rent and under construction in the fourth quarter of 2023, according to CBRE Group Inc.

Read the full subscription story from the Phoenix Business Journal.

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