Mohr Capital has acquired 46.26 acres in one of Arizona’s fastest-growing cities to develop Summit Business Park, a class A industrial business park in the West Valley.
Summit Business Park will offer a combined space of 704,472 square feet of leasable industrial space, with 453,960 square feet in Building 1 and 250,512 square feet in Building 2. These state-of-the-art buildings will be ideal for distribution, manufacturing and logistics companies throughout the Southwest, with capabilities to serve numerous large urban areas located within a one- or two-day delivery zone.
“Summit Business Park brings Mohr Capital into one of Arizona's fastest-growing cities. The business park will answer the needs of the growing community and new industries entering the West Valley submarket,” said Tom Theobald, senior vice president for Mohr Capital.
Summit Business Park will break ground in August 2022 and is slated for completion in summer 2023. Building 1 will be equi
