Crismon Business Park, Mesa, Arizona
In April 2000, VJ acquired a 91-acre business-zoned tract of land at Crismon Road and US 60 in east Mesa, Arizona. Home Depot was in the process of acquiring an abutting 14-acre site on the immediate corner to the interchange, and the store is in operation. VJ directed the following activities which aided the marketability and enhanced value to date: platting and subdividing the 91 acres; completing Phase I construction of off-site improvements - utilities; additional Phase I obligations of roadwork - the existing Hampton Avenue. VJ coordinated the simultaneous closings on 1) the purchase of a 13-acre parcel directly at the southeast corner of Southern Avenue and Crismon Road, a portion of which was included in 2) the 47-acre sale to IASIS Healthcare, for Mountain Vista Medical Center, a 5-story, 300-bed hospital and medical campus, which opened in September, 2007. VJ is developing The Shops at Mountain Vista, retail development along Crismon Road and Southern Avenue, has sold some land for other synergistic uses, and is planning its own medical office building.
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