Developer Starts Work on Scottsdale Airpark Industrial Building

A new large industrial building, Thunderbird Commerce Park, is set to be completed by early 2025 near Scottsdale Airport, addressing the shortage of industrial space in the Northeast Valley submarket. With 243,360 square feet, the $60 million project aims to meet the needs of modern tenants in various sectors including pharmaceuticals, aerospace, electric vehicles, and semiconductors. Featuring 51 truck doors, 32-foot clear heights, and other amenities, it promises to be a significant addition to Scottsdale’s industrial landscape. Developed by Creation Equity on an 18-acre site secured through a 99-year ground lease, the project targets completion in late 2024 or early 2025. Additionally, Creation Equity is involved in other projects across the Phoenix metro, including Midway Commerce Center in Chandler and Ten85 in Buckeye. Nearby, Mack Real Estate Group plans to start early construction on a massive industrial park at Loop 101 and Bell Road, further enhancing the region’s industrial offerings.

Read more here

Interested in speaking with LevRose?


Let’s work together! Partnering with LevRose is easy. Simply fill out this form, including as much information as you can provide about your client and their needs.


Fill out this form to learn more about opportunities to join our team.