Gilbert Industrial Project Demonstrates Leasing Strength of Southeast Valley

by Mike Hunter

On behalf of developers GID and SunCap Property Group, Graycor Construction Company has completed construction on Gilbert Spectrum Buildings 9, 10 and 11, three brand new Class A buildings within the 64-acre Gilbert Spectrum industrial park, located at McQueen and Elliot roads in Gilbert, Arizona. 

Being leased by Ken McQueen and Chris McClurg of Lee & Associates Arizona, the buildings have already reached 93% occupancy.

The 100,000-square-foot Building 9 has been fully leased to multinational aerospace and defense technology company Northrop Grumman. The 142,200-square-foot Building 10 has been fully leased to full-service local and long-distance moving company S&M Moving Systems. Banner Industries has leased 27,097 square feet and Varsity Brands has leased 18,047 square feet in the 66,400-square-foot Building 11, leaving approximately 21,000 square feet available. And one pad remains for build-to-suit industrial development.

Graycor serves as the design-build general contractor. Balmer Architectural Group is the project architect.

Photo courtesy of Graycor

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