{"id":1004667328,"date":"2023-06-12T04:16:45","date_gmt":"2023-06-12T12:16:45","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004667328"},"modified":"2023-06-12T04:16:47","modified_gmt":"2023-06-12T12:16:47","slug":"xnrgy-lands-financing-for-1st-phase-of-1-msf-factory","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/xnrgy-lands-financing-for-1st-phase-of-1-msf-factory\/","title":{"rendered":"XNRGY Lands Financing for 1st Phase of 1 MSF Factory"},"content":{"rendered":"
\"XNRGY<\/a>

XNRGY headquarters. Image courtesy of XNRGY Climate Systems<\/em><\/p><\/div>\n

Canada-based XNRGY Climate Systems<\/strong> has obtained construction financing for the first phase of its U.S. headquarters in Mesa, Ariz. Development partner The Boyer Co. <\/strong>provided the necessary funds,\u00a0 including additional options for the project\u2019s expansion to a total of 1 million square feet. XNRGY’s total investment volume is estimated at $300 million and the plant is expected to create more than 1,200 jobs.<\/p>\n

Designed by Gensler<\/strong>, the facility’s first stage will encompass 250,000 square feet of production capacity, along with 25,000 square feet of office space. The property will also include an R&D Air Movement and Control Association Lab, CTO Larry Hopkins mentioned in prepared remarks. Phase One is slated for delivery in 2024, while the entire property is scheduled for completion within 5 years.<\/p>\n

Located at the intersection of East Elliot Road and South Signal Butte Road in the Elliot Tech Corridor, according to CommercialEdge information, the 38.4-acre site is less than 9 miles from the Phoenix-Mesa Gateway Airport and some 40 miles east of downtown Phoenix. The plant will provide easy access to Highways 202 and 60.<\/p>\n

Public-private development opportunities<\/h2>\n

The project is part of the Gateway East masterplan, which involves the development of more than 270 acres of unimproved land on the airport\u2019s east side. The Phoenix-Mesa Gateway Airport Authority selected Boyer as master developer for this undertaking.<\/p>\n

Since 1972, Boyer has developed more than 43 million square feet of commercial space throughout the U.S., in collaboration with various public entities, and is currently involved in more than $1 billion in active projects. Recently, the firm sold a 184,000-square-foot industrial park<\/a> in Salt Lake City.<\/p>\n","protected":false},"excerpt":{"rendered":"

Slated for completion within 5 years, the facility will come online near Phoenix.<\/p>\n","protected":false},"author":3120,"featured_media":1004667330,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21782,21748,21742,1601,15],"tags":[51834,33012],"class_list":["post-1004667328","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-development","category-industrial","category-latest","category-phoenix","category-west","tag-boyer-co","tag-gensler"],"acf":[],"yoast_head":"\nXNRGY Lands Financing for 1st Phase of 1 MSF Factory - Commercial Property Executive<\/title>\n<meta name=\"description\" content=\"Canada-based XNRGY has secured construction financing for the first phase of its U.S. headquarters in Mesa, Ariz., near Phoenix.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/xnrgy-lands-financing-for-1st-phase-of-1-msf-factory\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"XNRGY Lands Financing for 1st Phase of 1 MSF Factory\" \/>\n<meta property=\"og:description\" content=\"Canada-based XNRGY has secured construction financing for the first phase of its U.S. headquarters in Mesa, Ariz., near Phoenix.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/xnrgy-lands-financing-for-1st-phase-of-1-msf-factory\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2023-06-12T12:16:45+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-06-12T12:16:47+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/06\/XNRGY-Headquarters-e1686563737818.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1082\" \/>\n\t<meta property=\"og:image:height\" content=\"813\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Radu Corfus\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/xnrgy-lands-financing-for-1st-phase-of-1-msf-factory\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/xnrgy-lands-financing-for-1st-phase-of-1-msf-factory\/\",\"name\":\"XNRGY Lands Financing for 1st Phase of 1 MSF Factory - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/xnrgy-lands-financing-for-1st-phase-of-1-msf-factory\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/xnrgy-lands-financing-for-1st-phase-of-1-msf-factory\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/06\/XNRGY-Headquarters-e1686563737818.jpg\",\"datePublished\":\"2023-06-12T12:16:45+00:00\",\"dateModified\":\"2023-06-12T12:16:47+00:00\",\"author\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/a04f9fc8d7ed936167c8786eb77e39c2\"},\"description\":\"Canada-based XNRGY has secured construction financing for the first phase of its U.S. headquarters in Mesa, Ariz., near Phoenix.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/xnrgy-lands-financing-for-1st-phase-of-1-msf-factory\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.commercialsearch.com\/news\/xnrgy-lands-financing-for-1st-phase-of-1-msf-factory\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/xnrgy-lands-financing-for-1st-phase-of-1-msf-factory\/#primaryimage\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/06\/XNRGY-Headquarters-e1686563737818.jpg\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/06\/XNRGY-Headquarters-e1686563737818.jpg\",\"width\":1082,\"height\":813,\"caption\":\"XNRGY headquarters. 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