SunCap Property Group has begun construction of a 60,000-square-foot office building in the Gilbert Spectrum Business Park in Gilbert, Arizona.
This is the first of several planned buildings that SunCap is offering in the 63-acre park, located at the southwest corner of Elliot and McQueen roads. A total of 800,000 square feet of state-of-the-art office, flex-industrial and technology-related space is planned in eight to 10 buildings. Buildings range in size from 60,000 square feet to 200,000 square feet.
SunCap’s design-build team on this project includes Graycor Construction Company as the general contractor and Balmer Architectural Group as the architect of record. Site work is currently underway with vertical development scheduled to begin in mid-September. The building will be delivered in early 2017.
“Graycor has been a strong partner for us across the country on other build-to-suit projects,” said Mike Orr, Senior Vice President for SunCap Property Group. “We are pleased to further our relationship with Graycor while delivering the Phoenix region and Town of Gilbert a project we can all be proud of.”
Construction will be coordinated out of Graycor’s Southwest regional office and will feature concrete tilt panels and decorative stone veneer feature walls. Designed for today’s modern organization, the single-story building delivers oversized windows providing ample natural light paired with the energy efficiency of low-e glass panels.
Mark Krison and Luke Krison with CBRE are listing brokers for the project.