Pair of industrial projects proposed for East Valley

By Ron Davis | Phoenix Business Journal

A pair of industrial projects could add about 100,000 square feet of space to the southeast Valley.

On Dec. 8, Mesa City Council approved a subdivision plat for Hopewell Mesa, which will feature a 47,944-square-foot speculative industrial warehouse at the northwest corner of Stapley Drive and Baseline Road. Washington state-based Moses Lake Industries bought the 3.68-acre site in October for about $8.7 million from AZ Baseline Industrial LP. CBRE Group Inc.’s Mike Parker was the broker who represented the sellers, according to real estate database Vizzda.

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