Ground will break in 45 days, Harold Mogelefsky of Colliers International's Phoenix office tells GlobeSt.com. He and John Meyerhoffer represented the buyer in the land purchase. Bob Stephens of George Reeve & Associates in Phoenix negotiated the deal on behalf of seller, Del Trailor Trust of Phoenix.

The Aquila Professional Office Park will contain four buildings, each 6,400 sf, and two designs of 12,400 sf each. It's a small-user condo design for a suburb that's considered one of the fastest growing in the state.

Tibsherany's project will be similar, only smaller in scope, to one he's plotting on a 14-acre tract along Bell Road in Scottsdale. The Scottsdale project will break ground in March 2002, says Mogelefsky. That development has just snared zoning approvals to bring 18 buildings totaling 165,600 sf out of the ground. The Chandler project, which fronts 98th and 100th streets, had all of its necessary approvals prior to the land closing, says the developer's broker.