ARCO is excited to partner with Stonemont Financial Group and Silver Creek Development to announce a new industrial facility, the El Mirage Commerce Center in Phoenix’s West Valley.
About the Project
The El Mirage Commerce Center broke ground last week and will cover 13 acres, including a 216,688-sqaure-foot speculative warehouse. The space may be used for distribution or storage and can be divided into four tenant spaces, totaling up to 54,080 square feet each.
The El Mirage Commerce Center will be located approximately 30 minutes northwest of downtown Phoenix, near Luke Air Force Base at 9755 N. El Mirage Road. This location offers easy freeway access and nearby shopping and dining to attract potential tenants.
ARCO Mountain West is the general contractor and GMA Architects is the architect for the project. John Werstler, Cooper Fratt and Tanner Ferrandi of CBRE Group Inc. are the leasing brokers.
Phoenix Business Journal Article
About Stonemont Financial Group
Headquartered in Atlanta, GA, Stonemont Financial Group specializes in investing across a broad spectrum of real estate asset classes and geographies. Stonemont offers diversified and differentiated real estate investment strategies. The firm’s founders and managing principals have a combined track record of more than 60 years’ experience and $20 billion invested.
About Silver Creek Development
Silver Creek Development is a Phoenix-based real estate developer that develops new properties and revitalizes underused sites to benefit the way individuals live and work and play in the 21st century. Silver Creek Development values the opportunity to partner with local contractors, consultants, community leaders and residents in each market that they invest in, which allows for a greater impact in overall development. Collectively with its partners, Silver Creek Development thoughtfully studies the feasibility, the economic impact and the public benefit of a proposed project in order to determine the risks set forth by each investment. With over 30 years of collective expertise, Silver Creek Development has experience developing over 10 million square feet of mixed-use projects in markets that span from New York to Berlin.
About ARCO
With more than 30 years of experience, ARCO has grown to become a leader in the design-build industry with offices in 30+ major markets and hundreds of associates nationwide. As the 3rd largest design-build general contractor 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 professional qualified team of engineers, project managers, superintendents and architects are capable of designing and building the most demanding projects anywhere in the country. As the design-build experts, ARCO’s approach results in reduced risk, firmer prices sooner and faster results.
