Dexcom Locates Regional Distribution Center in Mesa, Arizona
Landing 202 is a 605,000-square-foot Class A industrial facility on approximately 45 acres just south of Loop 202 and west of Hawes Road on the north side of Ray Road in Mesa's Gateway Area. It is within one of Mesa's federally designated opportunity zones, which allow investors to defer and potentially reduce taxes on capital gains, so long as the gain is reinvested in a qualified opportunity fund that invests in a qualified opportunity zone.
The new lease at Landing 202 encompasses 486,000 square feet and adds a facility to their portfolio that is three times the size of their west Mesa location. Mesa officials said the building will include Dexcom’s Logistics and Distribution and Quality Assurance Receiving and Inspection operations. Initial occupancy is expected in spring 2021.
According to city officials, Dexcom has rapidly increased production since opening in Mesa just three years ago. This expansion will allow their workforce to reach more than 1,000 employees. Landing 202 is an ideal location with easy freeway access and proximity to communities like Eastmark and Cadence.
“Dexcom chose to expand here in Mesa and really hasn’t stopped since they arrived,” Mayor John Giles said. “Their innovative approach to continuous glucose monitoring makes them an industry leader and I’m proud of their success in our city.”
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