Joint Venture Announces New Acquisition in Gilbert
Conor Commercial Real Estate and Globe Corporation have recently announced the acquisition of a parcel of land within the expanding industrial sector in Gilbert. The property, known as AZ|60, is located on the northeast corner of Desert Lane and Colorado Street off of Arizona Avenue and Baseline Road.
According to AZRE, the land accrued will be used to develop a two-building, 225,600 square foot industrial project that offer both modern design and flexible configurations.
“We are delighted to be partnering with Globe Corporation in the development of AZ|60,” remarked Sven Tustin, vice president of Conor Commercial Real Estate. “Given the positive market fundamentals in the Gilbert area, we are confident that the development will fulfill the current demand for contemporary industrial space within this established business park and that users will benefit from its easy access to transportation corridors and numerous retail amenities.”
To read more about this new acquisition, click here.