Rivulon developer acquires additional land
Columbus-based Nationwide Realty Investors announced today the acquisition of a 2.9-acre parcel of land that will be incorporated into their master-planned Rivulon development in Gilbert, Ariz.
Located at the corner of Pecos and Gilbert roads, the land was obtained from Exxon Mobile and will complete the development block along Gilbert Road between AZ 202 and Pecos Road. The mixed-use development encompasses more than 250 acres and will feature approximately 3 MSF of Class-A office space, 500KSF of retail, and hotels.
Nationwide Realty Investors recently announced that Arizona-based health and wellness leader Isagenix International, LLC will occupy a three-story, 150KSF single tenant building to be completed in late 2015. Work is currently underway on the first phase of development which will also include an additional four-story, 125KSF speculative office building, an LA Fitness, and significant infrastructure improvements.