Caliber buys up buildings to give Downtown Mesa a makeover

Above: Timothy Sprague, managing member of Habitat Metro; Jennifer Schrader, president and co-founder of Caliber, The Wealth Development Company; Mesa Mayor John Giles; and Roy Bade, executive vice president of commercial acquisitions Caliber, stand on Main Street is the soon-to-be-revitalized Downtown Mesa. (Photo by Mike Mertes, AZ Big Media)

By Jesse A. Millard | AZBigMedia

For years, Arizona’s cities have been revitalizing their downtowns by bolstering the arts, installing public infrastructure like the light rail and enticing a plethora of unique, private development projects. It’s no question that Downtown Mesa has been on the receiving end of these efforts, as light rail and the Mesa Arts Center have transformed the area. Now, Downtown Mesa is set to receive another transformation after Caliber, The Wealth Development Company purchased 100,000 square feet of property in the heart of downtown.

Caliber’s $7.625 million purchase consists of eight historic buildings along Main Street between Country Club Drive and Center Street. The buildings are just a short walk from the light rail, connecting the properties to the entire Valley.

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