MESA, AZ – The partnership of Wharton Industrial and Madison Ventures Plus has secured $224 million in acquisition and construction financing for a 1.5-million-square-foot, master-planned industrial park in Mesa, AZ.
The companies obtained the loan from MSD Partners L.P., which was formed by the partners of MSD Capital L.P., the family investment office for Dell Technologies' founder and CEO, Michael Dell.
The class A industrial park, titled The HUB @ 202, will comprise 11 buildings. Located in Mesa, AZ's Southeast Valley submarket, the development will be situated on 101 acres of land.
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Ingrid Tunberg
Ingrid Tunberg sits on the editorial team as a coordinator and reporter for Real Estate Forum and GlobeSt.com. She is responsible for writing stories, assisting with industry awards and marketing nomination events. Previously, Ingrid worked as a copywriter across various industries throughout New York City and Chicago.
