GILBERT, Ariz., Aug. 14, 2024 /PRNewswire/ — Seefried Business Homes, with building spouse MDH Companions, has obtained a 5.1-acre web site in Gilbert, Arizona, with plans to create Fiesta Tech Middle, a state of the art commercial facility spanning 59,723 sq. ft. Development is scheduled to start within the 3rd quarter of 2024, with supply anticipated in the second one quarter of 2025.

Fiesta Tech Middle, situated at 1352 N Fiesta Street, is strategically situated in Gilbert’s established in-fill submarket, roughly ¾ mile from the US60 on the Nation Membership Force (SR87) interchange. It’s surrounded by means of a numerous commercial ground that incorporates production, vault, depot, and distribution amenities. With its similar proximity to primary transportation routes corresponding to I-10, I-17, Circumstance Course 51, and the not too long ago finished 202 South Mountain Loop, Fiesta Tech Middle supplies seamless connectivity all over the Phoenix metro section.

The power is structured to handle the dynamic necessities of contemporary basic and shiny commercial customers and can constituent a 28-foot cloudless top, 19 dock-high doorways, 4 grade-level doorways, and 78 parking stalls inside of a conserve fenced web site. Designed for max flexibility, the fresh facility can accommodate tenants with field necessities starting from 14,930 sq. ft to 59,723 sq. ft.

“This opportunity reflects our current strategy of finding light industrial, infill developments that will allow us to fulfill the increasing tenant demand for well located, functional product,” stated Jason Quintel, Senior Vice President of Seefried Homes. “Thank you to Phil Haenel of Cushman & Wakefield and Mike Parker of CBRE for bringing us this opportunity and we look forward to developing a successful project with our partner, MDH Partners.”

Mike Parker of CBRE will guard leasing and advertising efforts for the quality. The challenge architect is DLR Staff, the civil engineer is Cole Engineering, and Alcorn Development is serving as the overall contractor.

About Seefried Business Homes:
Based in 1984 by means of Ferdinand Seefried, Seefried Business Homes is a privately held actual property corporate that specialize in the improvement, leasing, and control of business homes throughout america. The corporate essentially specializes in building in core commercial markets and build-to-suits with tenants in core and second-tier markets. Seefried rentals and manages roughly 10 million sq. ft for its institutional and Ecu purchasers and has advanced over 200 million sq. ft of field valued in huge of $18 billion throughout 30+ markets. Headquartered in Atlanta, Seefried Homes extends its operational presence thru regional places of work strategically situated in Dallas, Chicago, Los Angeles, and Phoenix. For more info, please discuss with www.seefriedproperties.com

About MDH Companions:
MDH Companions is an Atlanta-based actual property funding corporate managing its discretionary price range focused on commercial actual property throughout america in the name of its institutional buyers. Based in 2005 because the successor to a fifty-year-old native actual property building corporate, MDH Companions has led and/or participated in over $6 billion (90 million sq. ft) of acquisitions, traits, and asset control as an guide and investor. For more info, discuss with www.mdhpartners.com

SOURCE Seefried Business Homes