The amenity terrace. Landscaped gathering space calibrated to the East Valley tenant base.
Conceptual Rendering
The development delivers 160,000 square feet of flex industrial buildings plus 14,000 square feet of retail, a cohesive, high-quality campus with scalable building configurations for a diverse mix of small, mid-sized, and growing businesses. The integrated retail component provides convenient amenities for tenants, employees, and the surrounding community, addressing the limited availability of small- to mid-bay industrial space and the lack of amenity-rich environments in well-located areas, while aligning with the Town of Gilbert’s high quality standards.
Retail frontage. The component that extends the original BizTech format to serve the surrounding daytime population.
Conceptual Rendering
The site sits within the Power and Elliot development corridor anchoring the East Valley, minutes from Loop 202, the Phoenix-Mesa Gateway Airport, and the ASU Polytechnic campus. The construction is scheduled to break ground in 2027 and reach completion in 2028, generating new jobs, attracting a diverse tenant base, and strengthening Gilbert’s economic position.
The Southeast Valley has emerged as one of the most active industrial submarkets in metro Phoenix, posting its 25th consecutive quarter of positive net absorption and 1.8 million square feet of demand in the third quarter of 2026 alone. Phoenix small-bay vacancy holds near 5 percent against mid-box product close to 20 percent, and flex space rents at roughly a one third premium to standard warehouse.
THESIS
Market Position · Data Sheet
04 STATS
Vacancy · Small-Bay
Near
5%
Phoenix industrial vacancy for space under 50,000 SF.
Vacancy · Mod-Box
About
19.7%
Phoenix 100K to 250K SF industrial vacancy by comparison.
Rent Premium
Premium of
33%
Phoenix flex rents vs. standard warehouse, $1.37 vs $1.03.
Demand
Streak of
25
Straight positive quarters of Southeast Valley absorption.
Market Data
Cushman & Wakefield Q3 2026 · CPI Q2 2025
A flex and retail hybrid calibrated to East Valley demographics, priced into a structurally tight small-bay submarket, anchored to one of the most active corridors in metro Phoenix.
Ownership-grade product, engineered for tenants traditional industrial fails to serve.
