Contour JV Obtains $99M Loan for Phoenix-Area Project

Commercial Property Executive   |   Scott Baltic

Posted In — News & Press | In the News

A joint venture led by Contour, of Costa Mesa, Calif., has received $99 million in construction financing for the five-building first phase of the Sossaman Park 202 industrial campus in Mesa, Ariz.

With a record 36 million square feet of industrial space on track to deliver by year’s end, the Phoenix metro is nationally now second only to Dallas for industrial construction, according to a second-quarter report from Kidder Mathews.

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