DTZ, a global leader in commercial real estate services, announced today that Mesa-based Special Devices, Incorporated (SDI) purchased ±19.59-acres at Greenfield Road and Loop 202 for $5.5 million. The company purchased the land for a build-to-suit facility to meet its expansion needs for its air bag components division.
DTZ Vice President Kent Hanson represented the seller, RD Greenfield, LLC, during the transaction. The buyers represented themselves.
The land is located just south of the Loop 202 at Greenfield Road. The company has proposed multiple buildings, including a ±64,000 square foot assembly area for Phase One, which it hopes to break ground on in 2016. SDI produces high reliability pyrotechnic products and energetic devices for both external customers and divisions of the Daicel Group.