SunCap Property Group Begins Work on Gilbert Spectrum Building 7
Graycor Construction Company Selected as General Contractor and Design-Build Partner
PHOENIX, AZ SunCap Property Group has begun construction of a 60,000-square-foot office building in the Gilbert Spectrum Business Park in Gilbert, Arizona. This is the first of several planned buildings that SunCap is offering in the 63-acre park, located at the southwest corner of Elliot and McQueen roads. A total of 800,000 square feet of state-of-the-art office, flex-industrial and technology-related space is planned in eight to 10 buildings. Buildings range in size from 60,000 square feet to 200,000 square feet.
SunCap's design-build team on this project includes Graycor Construction Company as the general contractor and Balmer Architectural Group as the architect of record. Site work is currently underway with vertical development scheduled to begin in mid-September. The building will be delivered in early 2017.
"Graycor has been a strong partner for us across the country on other build-to-suit projects," said Mike Orr, Senior Vice President for SunCap Property Group. "We are pleased to further our relationship with Graycor while delivering the Phoenix region and Town of Gilbert a project we can all be proud of."
Construction will be coordinated out of Graycor's Southwest regional office and will feature concrete tilt panels and decorative stone veneer feature walls. Designed for today's modern organization, the single-story building delivers oversized windows providing ample natural light paired with the energy efficiency of low-e glass panels.
Mark Krison and Luke Krison with CBRE are listing brokers for the project. For more information or to explore future leasing opportunities, please visit www.gilbertspectrum.com.
ABOUT SUNCAP PROPERTY GROUP
SunCap Property Group ("SunCap") is a privately held, national commercial real estate development, investment, and advisory firm. SunCap specializes in the development of single tenant, build-to-suit and mixed-use projects across North America. Other core services include providing corporate real estate advisory services for our clients and acquisition of institutional-grade real estate in key markets. SunCap has successfully completed over $2 billion in build-to-suit projects for its clients in the past three years. SunCap is based in Charlotte, NC and has offices in Denver, CO and Pittsburgh, PA.
Graycor Construction Company Inc. is a leader in managing building construction and interiors projects throughout North America. In Arizona, Graycor combines more than 30 years of local subcontractor and partner relationships with the company's 95 years of national experience in the corporate, cultural/educational, healthcare, living and lodging, logistics and distribution, manufacturing and retail markets. The combination maximizes Graycor's national presence to bring Arizona clients optimal service and product delivery. For more information, visit www.graycor.com.
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North Pointe Business Campus Building I Hosts Open House
The Charleston business community turned out on June 29 to celebrate the completion of the 350,000-square-foot building in North Pointe Industrial Park, Hanahan, SC. Guests enjoyed a lowcountry barbecue lunch, games and giveaways as developers SunCap and WestRock and listing brokers Colliers gave tours of the facility, which is designed to support distribution or light manufacturing. Berkeley County Supervisor Bill Peagler spoke on the growth of the county and the increased need for a facility of this caliber to accommodate new tenants attracted to the market.
More information on North Pointe Building I
Six on Six Volleyball Tournament benefits Charlotte Family Housing
SunCap Charlotte sponsored its first team in the Six on Six Volleyball Classic hosted by Childress Klein and Beacon Partners. 2016 was the 9th year the event has been held, pitting teams from the Charlotte commercial real estate industry in a head-to-head competition that promotes camaraderie and networking while raising awareness and support for local charities. Thirty-six teams duked it out in the sand at the SportsLink sand volleyball courts of VBGB Beer Hall & Garden/Restaurant. JLL emerged victorious at the end of the day, $135,000 was raised for Charlotte Family Housing and a good time was had by all.