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September 16, 2020 Comments (0) Views: 397 Phoenix, Phoenix & Southwest News, Top Phoenix

CBRE Completes 85K-SF Deal at Gilbert Facility

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SunCap Property Group signed a 10-year, 85,000-square-foot lease with GPMI Company at Gilbert Spectrum Building 1 in Gilbert. The disinfectant wipe manufacturer plans to bring its operations back to metro Phoenix after a 10-year hiatus.

Located at 190 S. McQueen Rd., the new facility will house roughly 200 employees and result in a $10 million capital investment into the community. Built in 2019, the 100%-leased building is situated on 8.82 acres, offers 32-foot clear heights, 40 truckwell doors, four grade-level doors and 190 parking spaces. It is also near several major freeways, including the U.S. 60, Loop 101 and 202 freeways, as well as State Route 87.

CBRE’s Mike Parker represented the tenant. Lee & Associates’ Ken McQueen and Chris McClurg represented the landlord.

Gilbert Spectrum is a 63-acre mixed-use project developed by SunCap at Elliot and McQueen Roads. Construction is nearing completion on a 120,000-square foot office facility for Northrop Grumman.

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