Commercial real estate developers Trammell Crow and CBRE Investment Management have acquired a nearly 200-acre site in Mesa, Arizona, with plans to prime the site for rail-served industrial development.
The 192-acre site — the largest developable site in Maricopa County, according to developers — will be divided into “shovel-ready” lots that range from 12 acres up to the full site. Companies seeking large-scale sites for industrial development, such as those in the semiconductor industry, could...