CBRE announced that Skybridge Arizona has pre-leased its first hangar to a private jet operator in Mesa, Ariz.
CBRE’s Jackie Orcutt, Kevin Cosca and Pete Wentis represented the developer in the 10,286-square-foot lease transaction.
SkyBridge is the first developer to build a speculative, multi-tenant hangar at Phoenix Mesa Gateway Airport in 25 years. Located at 6341 S. Downwind Circle, Skybridge Arizona is a 435-acre multi-use gateway development that is adjacent to Phoenix-Mesa Gateway Airport.
“SkyBridge is the first developer to build a speculative, multi-tenant hangar at Phoenix Mesa Gateway Airport in over 25 years,” said Orcutt. “It showcases their confidence in this expanding and evolving market.”
The 81,226 square foot hangar will deliver this month and has availability to accommodate tenants between 10,000 square feet and up to 70,000 square feet. SkyBridge will start construction on the next Phase of development this quarter, which is slated to deliver more than 500,000 square feet of speculative, Class A industrial and manufacturing buildings this year.
“SkyBridge Arizona is excited to welcome the first tenant to our development, to PHX-Mesa Gateway Airport, and to the City of Mesa,” said SkyBridge Managing Partner Felipe Monroy. “They will be the first of many aeronautically-focused tenants to come.”