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MESA, ARIZ. — An entity controlled by California-based Contour Real Estate has acquired an approximately 112-acre industrial site at the southwest corner of Warner and Sossaman roads in Mesa. Structures Investment sold the asset for an undisclosed price.
Contour plans to develop a master-planned industrial park with eight buildings totaling more than 1.5 million square feet of manufacturing, logistics and e-commerce space. The property will be developed in two phases.
Paul Borgesen and Dylan Sproul of SVN Desert Commercial Advisors negotiated the transaction on behalf of the buyer and seller.