Commercial Properties, Inc. (CPI) and The Leroy Breinholt Team are pleased to announce construction is underway at Signal Butte & Germann, a new Class A light industrial development by Dale Cavan and Cavan Commercial, and announce the firm’s appointment as the exclusive brokerage for the project.
Located at 7423 E. Signal Butte Road in Mesa, Arizona, the 45,021-square-foot industrial campus will feature three freestanding buildings of 15,007 square feet each, situated on individual legal parcels. This unique configuration provides flexibility for ownership opportunities while maintaining the efficiencies of a multi-building industrial development.
Strategically positioned at the southeast corner of Signal Butte Road and Germann Road, the project is located within one of the East Valley’s fastest-growing industrial and employment corridors. The development is designed to serve a wide range of owner-users and tenants seeking modern, functional industrial space in a highly accessible location near the Phoenix-Mesa Gateway area.
Cavan Commercial’s plans call for Class A construction with contemporary architecture, professional storefronts, dedicated yards, multiple grade-level roll-up doors, and flexible floor plans that will accommodate a variety of industrial, service, technology, and flex users. Each building is designed to offer operational efficiency while supporting future growth and flexibility. 
Demand for this small-bay product continues to be exceptionally strong throughout the Southeast Valley. Recently completed industrial developments in the Signal Butte and Gateway submarkets have experienced robust leasing and sales activity, reflecting a growing need for high-quality small-bay industrial space. Nearby, Cavan Commercial’s successful Pecos 17 development at 7320 E Pecos Road has generated significant buyer interest, with units selling rapidly as owner-users continue to seek opportunities in this supply-constrained segment of the market.
The Leroy Breinholt Team at CPI has been a leader in small-bay industrial projects for several years, driving sales and leasing activity throughout the market. “We have been consistently achieving pricing in the $395-per-square-foot range throughout 2026 for these projects,” stated David Bean, Vice President of Sales & Leasing at CPI. “There is strong demand for modern, well-located industrial products, and Cavan Commercial is filling that need with exceptional developments like Signal Butte & Germann.
Cory Sposi, Vice President of Sales & Leasing at CPI, commented, “We are excited to represent Signal Butte & Germann and bring this exceptional opportunity to the market. The combination of premier location, flexible ownership structure, modern design, and strong market fundamentals makes this one of the most compelling light industrial developments currently underway in the Southeast Valley.”
With continued population growth, expanding infrastructure, and increasing business activity surrounding the Phoenix-Mesa Gateway Airport area, Signal Butte & Germann is well positioned to meet the growing demand for high-quality small-bay industrial space.
Construction of Signal Butte & Germann is currently underway with project completion anticipated in June 2027. For current opportunities and additional project information, contact the Leroy Breinholt Team at Commercial Properties, Inc. and Cory Sposi at csposi@cpiaz.com or (480) 586-1195, or David Bean at dbean@cpiaz.com or (480) 299-5964.
About Cavan Commercial
With more than 30 years of development experience and a 100% entitlement success rate, Cavan Commercial delivers projects that cities, investors, and operators trust. Cavan Commercial is setting the standard in Neighborhood Flex Bay (NFB), a scalable, in-demand small-bay industrial product type with consistent tenant demand, long-term investment stability, and proven community value. Visit them online at www.cavancommercial.com
About Commercial Properties, Inc.
Established in 1981, Commercial Properties, Inc. (CPI) is a full-service brokerage and property management firm for all product types of commercial real estate. Headquartered in Tempe, the company has more than 65 brokers and operates throughout the Phoenix metropolitan area. Currently, CPI’s listings include over 21.6 million square feet for sale/lease with more than 210 projects and associations, totaling over 12 million square feet under management.
CPI is the Phoenix affiliate of CORFAC International, comprised of privately held brokerage and property management service providers in 70+ national and international markets. To learn more, please visit us online at www.cpiaz.com
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