PHOENIX–Hohokam Park LLC has broken ground on a 46,700-sf industrial/flex building in a section of the city that is becoming a tech oasis. The Phoenix-based development company, headed by Steven Maderazzo, is erecting the building on a speculative basis and is offering it for sale or lease. Construction of the building, called Hohokam Tech, is schedule to be completed by year-end. Hohokam Tech is being built near University Drive and the Hohokam Expressway, just two miles south of Phoenix Sky Harbor International Airport. A growing number of high-tech companies have located in business parks around the airport, attracted to the area by a critical mass of high tech companies, affordable lease rates, and proximity to the airport and nearby freeways.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


© 2023 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.


GlobeSt. NET LEASE Fall 2023Event

This conference brings together the industry's most influential & knowledgeable real estate executives from the net lease sector.

Get More Information


Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join now!

  • Free unlimited access to's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including and

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2023 ALM Global, LLC. All Rights Reserved.