Summit Business Park is a 160 acre mixed use commercial development located in Surprise, Arizona. The property combines office, light industrial and retail uses. Summit Business Park was acquired to provide light industrial and heavy industrial development parcels to fulfill the employment needs in the City of Surprise. The property was purchased through a joint venture partnership between Cyburt Hall Partners and Pacific Coast Capital Partners (PCCP). The lender was Merrill Lynch (with debt sold to GE Capital in 2008).
The project involved planning, zoning, entitlements, and infrastructure construction. The infrastructure construction including streets, landscape, underground utilities, a potable water well, well transmission lines, and water treatment including arsenic treatment. Project was completed in 2008.
Project Location: Surprise, Arizona
Project Size: 160 acres
Project Type: Commercial Mixed Use (Office, Retail, Light Industrial)
Services Provided: Due diligence, acquisition, financial analysis, entitlements, site planning, strategic development, assessment district management, project management, construction management, community association.
Client: Cyburt Hall Partners, PCCP CS CH Surprise LLC, Summit Business Park Property Owners Association