Jump-starting construction on the 4030 E. Quenton Dr. project is Ergonomics Solutions Inc., which will be expanding when it relocates to the finished product in first quarter 2009. Garrett Schoenberger, senior associate for Grubb & Ellis/BRE Commercial LLC in Phoenix, tells GlobeSt.com that the building is the first new construction in the Falcon Field submarket in nearly 18 months, with its delivery timed to coincide with the completion of the last leg of Loop 202.

Schoenberger says the submarket is an emerging industrial corridor that's destined to transition from its traditional smaller buildings to larger ones after the loop is completed. He says Canton, OH-based Timken Corp.'s 85,000-sf buildings at Falcon Field not only are the newest, but the largest in the corridor. On average, the submarket's buildings are 10,000 sf to 20,000 sf and often owner-occupied. "You're going to see more distribution buildings in that submarket," he says, "and this is kind of the start of that."

Phoenix-based Carter bought the 5.75-acre development tract in 2005, staking its first claim in the East Valley on the north side of Commons Industrial Park. "They were going to start it as spec," Schoenberger says. "This just helped." He says the deal's been working through the pipeline nearly six months.