ARCO Construction is proud to partner with Capital Bay Partners, Foundation Capital Partners and Raith Capital Partners, LLC on Horizon at Skyway Commons, a commercial tenant improvement project set to enhance one of Surprise’s most active industrial corridors. The project includes constructing ±1,800 square feet of speculative office improvements and warehouse upgrades across an existing ±135,000 SF building.
Horizon at Skyway Commons represents a continued investment in the city’s industrial market. The renovation scope includes upgraded lighting across the warehouse, installation of dock equipment, improvements on existing overhead doors and levelers to boost long-term flexibility for future tenants.
“This project reinforces our confidence in the Phoenix industrial market and our commitment to delivering high-quality, forward-thinking spaces,” said Brandon Pike, Managing Partner at Capital Bay Partners. “Horizon at Skyway Commons is designed with future tenants in mind — flexible, functional, and ready to meet the evolving needs of today’s users.”
Construction is scheduled to begin in August, with substantial completion expected by November 2025. The team has already kicked off design and permitting efforts, with the first submission to the City of Surprise submitted in April.
“ARCO is excited to support visionary partners like Capital Bay Partners, Foundation Capital Partners and Raith Capital Partners, LLC as they invest in value-add projects like this one,” said BJ Keane, Vice President of Phoenix Operations. “Together, we’re building more than just tenant-ready space — we’re helping create lasting opportunity in the Valley.”
Horizon at Skyway Commons marks a continued expansion of ARCO’s presence in Phoenix, where the company has been steadily growing its portfolio of industrial and commercial TI projects.
Stay tuned for more updates as Horizon at Skyway Commons takes shape!
About Capital Bay Partners
Capital Bay Partners is a General Partner and Operator that primarily focuses on the Value-Add and Opportunistic investment strategies within the commercial real estate sector. CBP’s acquisition track record, national market knowledge, longstanding development experience, private financial resources, and intensive investment experience with complex transactions allow the company to efficiently evaluate, execute and provide superior investment opportunities. Learn more at capbaypartners.com.
About Foundation Capital Partners
Foundation Capital Partners (FCP) is a private real estate investment platform focused on opportunistic, distressed and special situations across the United States. FCP invests across asset classes with a focus on industrial. FCP will joint venture with local operating partners as an equity capital provider for opportunities meeting its investment criteria. The firm is headquartered in New York City with offices in Miami and Nashville. Please visit www.foundationcapital.us for further information.
About ARCO Construction
ARCO is a leader in the design-build industry, with more than 30 years of experience and offices in 45+ major markets. As the #4 design-build construction firm in the United States, ARCO offers the strength and presence of a national builder with the personalized attention of a small company. ARCO provides clients with complete, turnkey project delivery from site selection to building turnover. ARCO’s qualified team of engineers, project managers, superintendents and architects are capable of designing and building the most demanding projects anywhere in the country.
