PHOENIX-A local developer has closed on a parcel in the north Phoenix and plans to begin building a 95,000-sf office project within a month.

Opus West purchased a 6.4-acre parcel at the corner of Peoria Avenue and Interstate 17, in The Grove at the Black Canyon business park for $2.3 million. The developer plans to begin construction in the near term on the Black Canyon Center, a 95,000-sf office building.

“This is one of the few remaining infill parcels in emerging hub of major corporate tenants,” says Jeff Roberts, director of real estate development for Opus West. “That puts us in a unique position to provide one of the few large blocks of contiguous space in an established suburban office market.”

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