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Greystar completes first 1msf at Gateway Grand in Mesa, Ariz.
Transactions - APRIL 23, 2024

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Greystar completes first 1msf at Gateway Grand in Mesa, Ariz.

by Andrea Zander

Greystar has completed its first 1.07 million-square-foot industrial development at Gateway Grand in Mesa, Ariz. It is the company’s first industrial project to deliver in the state.

At completion, Gateway Grand will total 2.1 million square feet in two phases. It is part of Greystar’s 1.5 million square feet of class A industrial space completed or under development in metro Phoenix.

Located at 7852 and 8016 E. Pecos Rd., Gateway Grand Phase I sits at the northeast corner of Sossaman and Pecos Roads, in the City of Mesa’s Pecos Advanced Manufacturing Zone. It is minutes from Phoenix-Mesa Gateway Airport, the Loop 202 and State Route 24.

With speculative office space in place and initial HVAC on site, Gateway Grand Phase I offers two 537,429-square-foot buildings that are move-in ready for a range of users. This includes significant demand from aerospace and advanced manufacturing companies.

“Growth in the Gateway submarket is rapid, and Gateway

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