MG Business Park is Glendale’s newest industrial condominium development

Article originally posted on KTAR News on October 28, 2025

PHOENIX — A new real estate venture that developers are calling an industrial condominium development launched on Oct. 20 in Glendale.

The 8.5-acre MG Business Park will bring 36 units among five buildings and 84,000 square feet of small-bay industrial space.

It is located on the corner of Glendale Avenue and New River Road with immediate access to Loop 101, Interstate 10 and Loop 303.

“MG Business Park offers exceptional accessibility and modern design for users looking to own in a high-demand market,” said Jordan Tennant, vice president at ORION Investment Real Estate. “The location, quality and ownership flexibility make it a standout addition to Glendale’s industrial landscape.”

ORION is a brokerage firm that specializes in commercial real estate services. They are assisting The Mangat Group with the launch of the MG Business Park.

“The West Valley is experiencing incredible industrial growth, and MG Business Park was designed to meet that demand while allowing business owners to invest in their future,” The Mangat Group CEO and Founder Tony Mangat said in a release.

Space at the park is being sold between $325 and $350 per square foot.

Units range from 1,440 to 14,700 square feet and offer 19-foot clear heights, 12×14 foot grade level doors, 200 amps of three-phase power and common truck wells.

The units are designed to accommodate needs for manufacturing, warehousing, distribution, trades and flex businesses.