ARIZONA REAL ESTATE & HOUSING NEWS
Construction starts on Nexus Commerce Center in Tempe
Construction of the Nexus Commerce Center in Tempe is officially underway, according to a Wednesday announcement from the company.
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PHOENIX — Construction of a massive industrial park in Tempe officially began on Tuesday.
The Nexus Commerce Center at Elliot Road and Hardy Drive will be 273,000 square feet upon completion, according to an announcement from Creation, the real estate development and investment firm.
Creation also recently broke ground on the 144,885-square-foot Source Business Center.
Creation Principal Grant Kingdon said this project strengths Tempe’s position a key destination for manufacturing and logistics employers.
“Nexus Commerce Center presents an exciting opportunity to deliver modern, high-efficiency industrial space in one of the most strategically located submarkets in the Phoenix Metro,” Kingdon said in the announcement.
LGE Design Build is handling design of the industrial park on the 16-acre lot.
What’s unique about Nexus Commerce Center in Tempe?
The Nexus Commerce Center will emerge on the site that was formerly home to the Elliott Corporate Center, which used to be anchored by the University of Phoenix.
Using the space for an industrial park will help meet the city’s need for shallow-bay industrial space.
The redevelopment will feature three Class-A buildings ranging from 88,773 to 103,288 square feet. The buildings will have clear heights of 32 feet.
Organizers behind the construction project say it will cater to a diverse range of industrial tenants upon completion.
“With increasing demand for high-quality infill locations, this project not only provides an exceptional logistics hub — minutes from major freeways and Phoenix Sky Harbor International Airport — but also demonstrates our focus on repurposing underutilized office sites to meet the evolving needs of today’s industrial tenants,” Kingdon said.






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