Mangat Group Expects To Spend $250M on Small Bay Developments in Greater Phoenix Article originally posted on Globe St. on April 9, 2026 The Mangat Group sees potential in the Phoenix metro area for small bay industrial, announcing it will spend $250 million across four developments it is planning in the area in the sector. Nationwide, construction is concentrated on warehouses that span more than 100,000 square feet, which leaves a scarce supply on the market for smaller companies, according to a release from Mangat. Plus, the demographics in Phoenix are favorable for landlords. “Phoenix continues to be one of the most active industrial markets in the country,” said Mangat. “Population growth, semiconductor manufacturing investments, and expanding logistics infrastructure are driving demand across the West Valley. With this growth comes the need for new businesses to operate in flexible spaces. Flex industrial developments like ours are filling that missing middle.” Each development under Mangat’s plan will feature a rear warehouse with a small office, with sales starting at $350 per square foot. One of the projects is entering the second phase of work, located on Glendale Avenue and New River Road, which will include 71 units across roughly 93,000 square feet. Then there is a project nearby that will feature 31 units across 84,000 square feet. Another at Baseline Road and Loop 202 will span 75,000 square feet, with 28 units. And the last project is located on Watson Road and MC 85 in Buckeye, with 89 units and about 175,000 square feet of space planned. KCB Contracting is serving as the general contractor, Bowman is providing civil engineering services and RKAA Architects has architectural responsibilities on the projects. The announcement by Mangat’s today comes months after it launched its industrial and condo property, MG Business Park, located on Glendale Avenue and New River Road.