The three-story San Tan Commons will be situated on five acres at Val Vista Drive and Loop 202, also known as San Tan Freeway. The development will be part of the 1,400-acre Spectrum Commercial Core. Completion is scheduled for spring 2009.

James Butwin, a managing member of Grasser Investment Partnerships, says the building's first floor will be retail, with Mountainside Fitness Center holding a 15-year lease for the entire 40,000-sf second floor. There is 32,000 sf of office space on the third floor. Butwin tells GlobeSt.com that Mountainside Fitness also could take most, if not all, of the 32,000 sf of office.

Butwin says he and partners Paul Grasser and Tom Hatten, who also is CEO of Mountainside Fitness, would like to see the retail portion dedicated to upscale tenants. It's also hoped that the tenants will offer products and services to complement the fitness center. "This could be child care, tanning salons or nutrition and vitamin stores," Butwin says. "We'd like to create that symbiotic relationship between the anchor tenant and the retail tenants."

MCG Architecture of Denver designed the building. AR Mays Construction of Scottsdale is the general contractor. Butwin says the third-party leasing assignments have yet to be awarded.