Mesa Portfolio

Mesa, ARIZONA

As part of Caliber’s CTAF, the Mesa portfolio consists of 10 individual, in-line historic buildings and one vacant developable lot within the boundaries of a Qualified Opportunity Zone in Downtown Mesa, Arizona. The portfolio contains 160,000 +/- square feet of space. The properties are located proximate or contiguous to the four City of Mesa-owned public parking lots that may be developed vertically in the future. The properties are part of the ongoing Caliber strategy to acquire buildings in the historic downtown city of Mesa. Starting in 2017, many of the properties in this portfolio were initially purchased by Caliber’s Diversified Portfolio Fund, then sold into CTAF in the years of 2019 – 2021.

The portfolio includes the following addresses:

  • 18 W. Main St – 15,280+/- Square Feet
  • 29 W. Main St – 15,000+/- Square Feet
  • 48 W. Main St – 9,000+/- Square Feet
  • 114 W. Main St – 28,583+/- Square Feet
  • 120 W. Main St – 11,648+/- Square Feet
  • 137 W. Main St – 16,658+/- Square Feet
  • 155 W. Main St – 7,458+/- Square Feet
  • 202 W. Main St – 4,526+/- Square Feet
  • 206 W. Main St – 5,460+/- Square Feet
  • 305 E. Main St – 38,293+/- Square Feet
  • 18 W. Main St – 15,280+/- Square Feet
  • 29 W. Main St – 15,000+/- Square Feet
  • 48 W. Main St – 9,000+/- Square Feet
  • 114 W. Main St – 28,583+/- Square Feet
  • 120 W. Main St – 11,648+/- Square Feet
  • 137 W. Main St – 16,658+/- Square Feet
  • 155 W. Main St – 7,458+/- Square Feet
  • 202 W. Main St – 4,526+/- Square Feet
  • 206 W. Main St – 5,460+/- Square Feet
  • 305 E. Main St – 38,293+/- Square Feet
PURCHASE DATE

2019-2021

ASSET CLASS

MIXED-USE

SUB-MARKET

DOWNTOWN MESA

 

BUILDINGS

10

STRATEGY

VALUE-ADD, RENOVATION & ADAPTIVE REUSE

PURCHASE DATE: 2019-2021

ASSET CLASS: MIXED-USE

SUB-MARKET: DOWNTOWN MESA

BUILDINGS: 10

STRATEGY: VALUE-ADD, RENOVATION & ADAPTIVE REUSE

Investments in Caliber private placements can lose entire value, are illiquid and are speculative.

PROPOSED VALUE

Mesa Meeting
Mesa Meeting ( Caliber Owned Asset )

A Developing City

Mesa is the third largest city in Arizona with a population of over 500,000 people. Its modern light rail provides passengers easier access to employment, shops, restaurants, housing, and more in the greater-Phoenix metro.

A Growing Technology Hub

Mesa is becoming a hotspot for tech companies, already having Apple, Boeing, Bridgestone, Mitsubishi, Infineon, Texatron, and Dexacom holding significant operations in the city.

Mesa Technology
For illustration purposes only, not a Caliber asset.
Mesa Education
For illustration purposes only, not a Caliber asset.

Prevalent in Sports, Arts and Education

Mesa is home to the Chicago Cubs and Oakland A’s spring training teams, an ASU campus, Benedictine University, golf courses, and the city hosts an array of events throughout each year that draws in people from all over the greater-Phoenix metro.

Investments in Caliber private placements can lose entire value, are illiquid and are speculative.

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