MainSpring Capital Group to Develop Spec Industrial Project in Scottsdale

by Nellie Day

SCOTTSDALE, ARIZ. — MainSpring Capital Group has announced plans to develop Mainspring Flex Phase III at Pima Center. This phase will contain 150,660 square feet of spec light industrial space for warehouse, assembly and distribution uses.

Flex Phase III construction will commence during the fourth quarter of this year. Completion is scheduled for mid-year 2017. The speculative development includes two buildings.

The existing buildings at Pima Center are 98 percent leased. Pima Center is a 232-acre, mixed-use business park within the Salt River Pima Indian community.

The park contains a variety of commercial properties ranging from the Honor Health Rehab Hospital and Rancho Solano Private 6-12 School to multi-story Class A office space, garden office and assembly/distribution/flex facilities. The business park contains more than 1 million square feet of office space and about 430,000 square feet of light industrial/flex facilities.

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