GILBERT, AZ—A 60,000-square-foot office building in the Gilbert Spectrum Business Park is the first of several planned buildings that AZ SunCap Property Group is offering in the 63-acre park, located at the southwest corner of Elliot and McQueen roads. Construction is underway on a total of 800,000 square feet of office, flex-industrial and technology-related space planned in eight to 10 buildings. Buildings range in size from 60,000 square feet to 200,000 square feet.
SunCap's design-build team on this project includes Graycor Construction Company as the general contractor and Balmer Architectural Group as the architect of record. Site work is currently underway with vertical development scheduled to begin in mid-September. The building will be delivered in early 2017.
“Graycor has been a strong partner for us across the country on other build-to-suit projects,” said Mike Orr, senior vice president for SunCap Property Group. “We are pleased to further our relationship with Graycor while delivering the Phoenix region and town of Gilbert a project we can all be proud of.”
Construction will be coordinated out of Graycor's Southwest regional office and will feature concrete tilt panels and decorative stone veneer feature walls. The single-story building delivers oversized windows providing ample natural light paired with the energy efficiency of low-e glass panels.
Todd Ostransky, general manager-southwest division for Graycor tells GlobeSt.com: “Design-build is definitely back in the market, and that is exciting. It allows our entire team to apply their expertise for maximum value. It also gives us the opportunity to work with passionate, collaborative teams like Suncap. We always enjoy this process, and look forward to all that it will deliver in Gilbert.”
Mark Krison and Luke Krison with CBRE are listing brokers for the project.
GILBERT, AZ—A 60,000-square-foot office building in the Gilbert Spectrum Business Park is the first of several planned buildings that AZ SunCap Property Group is offering in the 63-acre park, located at the southwest corner of Elliot and McQueen roads. Construction is underway on a total of 800,000 square feet of office, flex-industrial and technology-related space planned in eight to 10 buildings. Buildings range in size from 60,000 square feet to 200,000 square feet.
SunCap's design-build team on this project includes Graycor Construction Company as the general contractor and Balmer Architectural Group as the architect of record. Site work is currently underway with vertical development scheduled to begin in mid-September. The building will be delivered in early 2017.
“Graycor has been a strong partner for us across the country on other build-to-suit projects,” said Mike Orr, senior vice president for SunCap Property Group. “We are pleased to further our relationship with Graycor while delivering the Phoenix region and town of Gilbert a project we can all be proud of.”
Construction will be coordinated out of Graycor's Southwest regional office and will feature concrete tilt panels and decorative stone veneer feature walls. The single-story building delivers oversized windows providing ample natural light paired with the energy efficiency of low-e glass panels.
Todd Ostransky, general manager-southwest division for Graycor tells GlobeSt.com: “Design-build is definitely back in the market, and that is exciting. It allows our entire team to apply their expertise for maximum value. It also gives us the opportunity to work with passionate, collaborative teams like Suncap. We always enjoy this process, and look forward to all that it will deliver in Gilbert.”
Mark Krison and Luke Krison with CBRE are listing brokers for the project.
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Lisa Brown
Lisa Brown is an editor for the south and west regions of GlobeSt.com. She has 25-plus years of real estate experience, with a regional PR role at Grubb & Ellis and a national communications position at MMI. Brown also spent 10 years as executive director at NAIOP San Francisco Bay Area chapter, where she led the organization to achieving its first national award honors and recognition on Capitol Hill. She has written extensively on commercial real estate topics and edited numerous pieces on the subject.
