Conor Commercial Real Estate, in partnership with Globe Corp., has acquired a 40-acre land parcel in Phoenix for $24.7 million.
The company plans to develop a 453,708-square-foot industrial project, featuring four buildings with sizes ranging from 88,512 to 167,040 square feet.
Construction is expected to start in early Q2 2026, with completion planned for late Q2 2027. Ware Malcomb will provide design-build services, and Kimley-Horn will handle civil engineering services.
Author's summary: Conor Commercial and Globe Corp. to develop a large industrial project in Phoenix.