Staff Reports | Business & Construction
Scottsdale-based Cavan Commercial has broken ground on Signal Butte & Germann, a three-building, Class A light industrial development in Mesa.
The project, which is found at 7423 S. Signal Butte Road, will span 4.1 acres and include three 15,007-square-foot freestanding buildings, each on an individual legal parcel, according to a press release. The design is intended to provide flexibility in ownership while maintaining the functionality of a multi-building industrial campus.
“The Signal Butte corridor has become a flex industrial and high-tech employment district, with strong demand for low-coverage, yard-oriented space beyond traditional big-box warehouse product,” said Dale Cavan, founder of Cavan Commercial. “That segment remains undersupplied, and we’re excited to bring another neighborhood flex bay development to a submarket that has quickly transitioned into an active industrial corridor with growing demand across multiple user types.”
The project is within a federally designated Opportunity Zone, which may provide tax advantages for qualified investors. The designation can allow investors to defer capital gains taxes and potentially realize tax-free appreciation on certain long-term investments, subject to applicable regulations and individual circumstances.
Design plans include minimum 18-foot clear heights, multiple at-grade roll-up doors, dedicated owner yards and storefront frontage along Signal Butte Road. The buildings are designed with flexible layouts to accommodate single- or multitenant users. Construction is expected to be completed in June 2027.
“The architecture at Signal Butte & Germann reflects a contemporary design approach, using clean lines and high-quality materials to create a cohesive, upscale business park with strong visual identity,” Mr. Cavan said. “That design supports small- and mid-sized businesses that need to operate, store inventory and serve customers from a single location.”
The development is expected to benefit from planned infrastructure improvements along the State Route 24 corridor. The Arizona Department of Transportation is advancing an expansion that includes new freeway bridges and widened interchanges at Signal Butte Road, which is expected to improve regional access. Construction is anticipated to begin in late 2026, with completion expected in 2029.
The site is also within the logistics and commerce district identified in the city of Mesa’s Gateway Strategic Development Plan, which calls for expanding light industrial uses and supporting job growth in the area.
Project partners include Alexander Building Co., general contractor; Pinnacle Design Inc., architect; KBELL Engineering, civil engineer; and Commercial Properties Inc., brokerage.
