Explained
Elson, “The product has more of an office look, even though
it is office‑warehouse.” Its design allows businesses
such as engineering companies, home theater companies and appraisers
to warehouse materials while building out heavier office space.
Twelve
units in each of two buildings will be available.
Individual
units are available from 1,597 square feet to 3,536 square feet,
though contiguous suites can be added together for much larger
sizes. The variety is achieved through a site design that incorporates
varied building depths, explained sales associate Darren Ricci,
who noted the flexibility
is important because “there are so many different uses coming
into the Valley now.”
The
site design is where the corners come into this subject. The
alignment of the buildings is not strictly north‑south
but is rotated to a slightly northeast‑southwest bias.
To enable the building footprint to cross the property in an
east‑west alignment that parallels the road, the buildings
are not built in a straight line but are staggered in sections.
This results in numerous shallow corners across the length of
the buildings.
Obviously,
then, Pinnacle Business Center is not the tilt‑up construction
commonly found in office‑warehouse product. “Labor costs
make a difference,” said Ricci. Contrary to what might seem
logical, it is more economical, with smaller buildings, to use
cinder block construction. “It takes longer to build, but it’s
more affordable,” Ricci continued.
Elson
pointed out another advantage cinder‑block construction
affords them: “From an aesthetic standpoint, it allows us more
opportunity.” One design element built into the structure is
the visual textural variety of split‑face block contrasted
with the scored cinder block. “We use split‑face masonry
at the base of the building; it helps anchor it aesthetically,”
said Elson.
Commenting
that for an industrial building, Pinnacle Business Park incorporates
a liberal amount of glass, Elson pointed to the use of horizontal
bands of color to help tie in the structures’ various components.
The color scheme was chosen to suit the desert environment but
not blend in inconspicuously,
Elson explained, noting their intent for the red to lend the
façade the appearance of brick.
The
two buildings back to each other, roll‑up doors facing
roll‑up doors across the service alley.
The
doors are 16 feet high; clear height inside the units is 17
feet. Driveways enter the property from
both 17th and 18th Drives, giving a straight shot through the
service alley to semis and other delivery vehicles.
Parking
(offered at one parking space per 386 square feet of office/warehouse
space) is primarily in
front of the buildings. Access drives turn at the sides of the
buildings–just inside the 17th Drive
entrance for Building B, and for Building A, just inside the
18th Drive entrance–and these parking “streets” dead‑end
at the farther end of their respective buildings.
Heavy
landscaping features numerous small trees around the perimeter
of the property and in islands
within the parking areas, which contributes to what Ricci described
as “a professional setting within the industrial zone.”
According
to Ricci, Shell was attracted to the Deer Valley Airpark because
of the extreme amount of growth it is now experiencing and felt
there was need for more office‑warehouse inventory. In
fact, he said, Shell heard from tenants in its own older Deer
Valley properties that they were interested in Airpark space.
Pinnacle
Business Park will be part condo and part for lease. Building
A, on Pinnacle Peak Road, is the for lease portion of the project,
but Elson noted that if the market seems stronger for lease
than sale, units in Building B will also be made available for
lease. At this time, Building B is planned as a for sale entity
in which businesses may buy a condo unit.
The
project broke ground last spring, and completion of the shell
construction is expected in January. Shell Commercial may build
out some of the interior units of Building A, with two to three
offices and a restroom, so it can be a turnkey transaction,
according to Ricci.
Partners
with Elson in Shell Commercial are Randy Shell, listing broker;
and Pavo and Ned Milicevic. For information about Pinnacle Business
Park, contact Darren Ricci of Shell Commercial at (480) 443‑3992.