Real estate

Industrial space on Gilbert Road sells

An entity tracing to Gregory McClelland purchased an industrial property at 685 S. Gilbert Road on Sept. 12 for $3.8 million, according to commercial real-estate website vizzda.com.

The deal was done with more than $1.1 million down and $5 million in new Small Business Administration spending originated through Celtic Bank. The loan matures July 12, 20251.

The seller entity traces to Pac Ventures.

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Real estate

Industrial space on Gilbert Road sells

Posted Saturday, October 18, 2025 2:15 pm

685 S. Gilbert Road
Gilbert, AZ 85296
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An entity tracing to Gregory McClelland purchased an industrial property at 685 S. Gilbert Road on Sept. 12 for $3.8 million, according to commercial real-estate website vizzda.com.

The deal was done with more than $1.1 million down and $5 million in new Small Business Administration spending originated through Celtic Bank. The loan matures July 12, 20251.

The seller entity traces to Pac Ventures.

The property is an 11,500-square-foot industrial flex space with two buildings built in 1976 on 2.49 acres zoned general commercial.