Scottsdale-based Cavan Commercial has officially broken ground on Signal Butte & Germann, a three-building, Class A light industrial development in Mesa’s Signal Butte industrial corridor.
Located at 7423 S. Signal Butte Road in Mesa, Signal Butte & Germann will span 4.1 acres and deliver three 15,007-square-foot freestanding buildings, each on an individual legal parcel, allowing for flexibility in ownership while maintaining the functionality of a multi-building industrial campus, according to a press release.
“The Signal Butte corridor has become a flex industrial and high-tech employment district, with strong demand for low-coverage, yard-oriented space beyond traditional big-box warehouse product,” Dale Cavan, founder of Cavan Commercial, said in the release. “That segment remains undersupplied, and we’re excited to bring another neighborhood flex bay development to a submarket that has quickly transitioned into an active industrial corridor with growing demand across multiple user types.”
