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Elliot Business Park

Elliot Business Park In Tempe Getting 316,000 SF Industrial Warehouse

Elliot Business Park has launched the final phase of its 1 MSF project, bringing 316,000 SF of investment-grade warehouse distribution space to market by the end of the year.

The two new buildings, which broke ground in the second quarter, are the first speculative industrial projects in the Southeast Valley since first quarter 2008.

Jerry McCormick, John Werstler and Cooper Fratt of CBRE’s Phoenix office will handle the leasing assignment for the project’s owner, Phoenix-based Tempe Marketplace Commerce Associates LLP and its affiliate, Transpacific Development Southwest, which developed the industrial park in phases, beginning with the first building in 1999.

The owner’s philosophy is to develop quality buildings for long-term investment that attract quality tenants, and maintain those relationships.

The leasing team has already filled one of the new buildings prior to completion, pre-leasing it to Clear Energy Systems. The other 158,000 SF building under construction is the only space available at Elliot Business Park, and all the existing space is 100% occupied.

“While demand is high, supply is not,” McCormick said. “The vacancy rate for distribution product in the Southeast Valley is below 8%, leaving only Elliot Business Park and two other options for users needing 100,000 square feet or more in the Southeast Valley. Clearly more product is needed to accommodate growth of the area’s high-tech industry, which will bring more jobs to the area.”

In addition to the 316,000 SF of warehouse/distribution space under construction at Elliot Business Park, another 500,000 SF is planned by others in the Southeast Valley. Yet, according to CBRE Research, roughly 1 MSF of warehouse/distribution space has been absorbed in the same area since the start of the year.

Elliot Business Park caters to high-quality and high-end users that desire Class A, energy efficient warehouse space designed for long-term durability and lower maintenance costs. Notable building features include a steel roof structure, ESFR fire sprinkler system, 30-foot clear height, Portland cement concrete paved truck courts, ample parking and up to 3,600 amp 277/480 volt electric service provided by Salt River Project — the lowest cost electric provider in the Valley.

The buildings’ energy efficient features include insulated windows, insulated roll-up doors, R-30 roof insulation, an Energy Star rated single-ply roof membrane and skylights.

Completion of the two new buildings is anticipated by 4Q 2012. Euthenics Architecture of Phoenix is the architect and DL Withers Constructions of Phoenix is the contractor.

clear energy systems coming to tempe

Clear Energy Systems Breaks Ground On Tempe Location

Clear Energy Systems, an innovator in mobile and distributed power generation systems, broke ground at its new location at Elliot Business Park in Tempe. The new facility is located at 7825 S. Hardy Drive. The 158,000 square foot building will feature 30 foot clear heights, a steel roof structure, energy efficient features and concrete paved truck areas.

In October, Clear Energy Systems announced it would expand its operations in Arizona, creating 225 quality new jobs, increasing Arizona’s exports globally and investing $10 million in the local economy.

“I am pleased that our planned expansion in Tempe is moving forward, and we are one step closer to moving into our new home,” said Tony Carmen, President and CEO of Clear Energy Systems. “We looked at many locations for our new site, and it was the collaborative work and support from Governor Brewer, the Arizona Commerce Authority, GPEC, and the City of Tempe that ultimately sealed the deal for us to bring the Genesis 1000 to Elliot Business Park.”

“Clear Energy’s decision to expand its operations in our State is a true testament to Arizona’s pro-business climate, competitive tax policies and skilled workforce,” said Governor Jan Brewer.

“I would like to thank Clear Energy Systems, the ACA and its partners for helping once again to bring quality jobs and meaningful investment to Arizona’s economy.”

“Tempe has long considered itself to be a great place to do business, and Clear Energy’s decision to expand here reinforces that belief,” said Tempe Mayor Hugh Hallman.

“The ACA worked closely with our economic development partners and the City of Tempe to ensure Clear Energy Systems knew all of the incredible benefits of doing business in Arizona,” said Don Cardon, president and CEO of the Arizona Commerce Authority. “Clear Energy is a global leader in advanced technology, and the product being made in Tempe will likely be exported and provide incredible benefits to millions of people around the world.”

“Clear Energy Systems’ decision to stay in Greater Phoenix is testament to the unique collaborative effort Greater Phoenix has in support of regional economic development,” said Barry Broome, president and CEO of the Greater Phoenix Economic Council. “Clear Energy Systems is exactly the type of innovative company we like to see putting down roots in the region, and the City of Tempe is certainly the right place for them to do so.”

Clear Energy Systems chose the Elliot Business Park location for its enhanced building features including structure to support heavy duty manufacturing equipment and layout compatibility with the company’s production targets. Kevin Lange of Cushman & Wakefield of Arizona represented  Clear Energy Systems, and Jerry McCormick of CBRE represented the building owner and developer, Tempe Marketplace Commerce Associates, an affiliate of Transpacific Development Southwest. DL Withers has been selected by the developer to construct the new building.

“Clear Energy Systems is a great addition to the current tenant mix of national companies at Elliot Business Park,” said Vincent Curci of Tempe Marketplace Commerce Associates. “Their new 158,000-square-foot facility and its sister 158,000-square-foot speculative building are the final phase of the park.”

“It can’t be understated how important the Clear Energy Systems and Elliott Business Park construction projects are to the continued growth in construction jobs in Arizona. With the combined vision of developers like Tempe Marketplace Commerce Associates we are putting the Arizona construction trades back to work,” said Dan Withers, president and CEO of D.L. Withers Construction.

For more information on Clear Energy Systems, visit Clear Energy Systems’ website at clearenergysystems.com.

Clear Energy Systems

Clear Energy Systems Breaks Ground On New Tempe Site

Clear Energy Systems, a producer of mobile and distributed power generation systems, broke ground today at its new location at Elliot Business Park in Tempe.

The 158,000 SF square foot building at 7825 S. Hardy Dr. will feature 30-foot clear heights, a steel roof structure, energy efficient features and concrete paved truck areas.

Kevin Lange of Cushman & Wakefield of Arizona represented  Clear Energy Systems, and Jerry McCormick of CBRE represented the building owner and developer, Tempe Marketplace Commerce Associates, an affiliate of Transpacific Development Southwest. DL Withers has been selected as the general contractor.

In October, Clear Energy Systems announced it would expand its operations in Arizona, creating 225 quality new jobs, increasing Arizona’s exports globally and investing $10M in the local economy.

“I am pleased that our planned expansion in Tempe is moving forward, and we are one step closer to moving into our new home,” said Tony Carmen, President and CEO of Clear Energy Systems. “We looked at many locations for our new site, and it was the collaborative work and support from Governor Brewer, the Arizona Commerce Authority, GPEC, and the City of Tempe that ultimately sealed the deal for us to bring the Genesis 1000 to Elliot Business Park.”

“Clear Energy’s decision to expand its operations in our State is a true testament to Arizona’s pro-business climate, competitive tax policies and skilled workforce,” said Gov. Jan Brewer. “I would like to thank Clear Energy Systems, the ACA and its partners for helping once again to bring quality jobs and meaningful investment to Arizona’s economy.”

“Tempe has long considered itself to be a great place to do business, and Clear Energy’s decision to expand here reinforces that belief,” said Tempe Mayor Hugh Hallman.

“The ACA worked closely with our economic development partners and the City of Tempe to ensure Clear Energy Systems knew all of the incredible benefits of doing business in Arizona,” said Don Cardon, president and CEO of the Arizona Commerce Authority. “Clear Energy is a global leader in advanced technology, and the product being made in Tempe will likely be exported and provide incredible benefits to millions of people around the world.”

“Clear Energy Systems’ decision to stay in Greater Phoenix is testament to the unique collaborative effort Greater Phoenix has in support of regional economic development,” said Barry Broome, president and CEO of the Greater Phoenix Economic Council. “Clear Energy Systems is exactly the type of innovative company we like to see putting down roots in the region, and the City of Tempe is certainly the right place for them to do so.”

Clear Energy Systems chose the Elliot Business Park location for its enhanced building features including structure to support heavy duty manufacturing equipment and layout compatibility with the company’s production targets.

“Clear Energy Systems is a great addition to the current tenant mix of national companies at Elliot Business Park,” said Vincent Curci of Tempe Marketplace Commerce Associates. “Their new 158,000-square-foot facility and its sister 158,000-square-foot speculative building are the final phase of the park.”

“It can’t be understated how important the Clear Energy Systems and Elliott Business Park construction projects are to the continued growth in construction jobs in Arizona. With the combined vision of developers like Tempe Marketplace Commerce Associates we are putting the Arizona construction trades back to work,” said Dan Withers, president and CEO of D.L. Withers Construction.

The building is expected to open in 1Q 2013.

For more information on Clear Energy Systems, visit Clear Energy Systems’ website at clearenergysystems.com.