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Seefried Industrial, MDH Partners secure 5-acre site near Phoenix for development of industrial facility
Transactions - AUGUST 15, 2024

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Seefried Industrial, MDH Partners secure 5-acre site near Phoenix for development of industrial facility

by RELEASED

Seefried Industrial Properties, with development partner MDH Partners, has acquired a 5.1-acre site in Gilbert, Ariz., with plans to develop Fiesta Tech Center, a state-of-the-art industrial facility spanning 59,723 square feet. Construction is scheduled to commence in third quarter 2024, with delivery expected in second quarter 2025.

Fiesta Tech Center, located at 1352 N Fiesta Blvd., is positioned in Gilbert's established in-fill submarket, approximately three-quarters of a mile from the US60 at the Country Club Drive (SR87) interchange. It is surrounded by a diverse industrial landscape that includes manufacturing, storage, warehouse and distribution facilities. With its proximity to major transportation routes such as Interstate 10, Interstate 17, State Route 51 and the recently completed 202 South Mountain Loop, Fiesta Tech Center provides seamless connectivity throughout the Phoenix metro area.

The facility will feature a 28-foot clear height, 19 dock-high doors,

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