First in the door will be Mission Foods of Irving, TX, Edson Electric Supply of Phoenix and Fremont, OH-based Century Die Co. The development at 10115-10297 W. Van Buren St. opens at 10% pre-leasing.

"We're thinking we'll get a combination of both local and national tenants," Dan Calihan, a first vice president with CB Richard Ellis Inc. in Phoenix, tells GlobeSt.com. "The West Valley in Phoenix is growing rapidly. We are the farthest-west spec multi-tenant industrial project here. It's an excellent location for businesses that need to serve the West Valley."

Mission Foods signed a seven-year lease for 15,000 sf, getting a rate hovering 40 cents per sf. The space will be used to distribute Mexican chips and tortillas. Edson Electric Supply, a wholesale electrical supplier, signed a five-year lease, with a payout of about 50 cents per sf, for 7,500 sf. And Fremont, OH-based Century Die Co., a manufacturer of blow molds and related equipment, took down 6,000 sf, also for five years, at 50 cents per sf. The Loop 101 & I10 Commerceplex consists of a 53,454-sf building, 71,752-sf structure and 97,682-sf warehouse.