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Transforming the
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A New Standard in Industrial Park Development
Building Specifications
LocationThe Ranch is strategically situated in Gilbert, Arizona, just 0.5 miles from the Loop-202 and 2.5 miles from US-60, offering easy connections to the greater Phoenix Metro area and the entire Southwestern United States. Additionally, the location is only one mile from the Phoenix-Mesa Gateway Airport and the Arizona State University Polytechnic Campus. Rail facilities and the Phoenix Sky Harbor International Airport are also conveniently reachable within a 30-minute drive.
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Welcome to Gilbert
The Southeast Valley’s High-Tech Industrial Hub
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Industrial in ArizonaBetween 2015 and 2021, Arizona’s manufacturing share of Real GDP grew from $25.2 billion to $32.8 billion, a growth rate of 30.4% - more than double the US manufacturing growth rate of 14%.
Arizona has added 14,100 jobs in manufacturing over the year, a growth rate of 7.8%, more than double the US rate of 3.7% Arizona is ranked no. 3 in the country for semiconductor manufacturing and top-5 for aerospace and defense manufacturing employment. |
Gilbert, AZ
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Press
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$1B Mixed-Use Development in the Heart of Gilbert Receives Planning Approval
The Ranch, a landmark $1 billion mixed-use development in the heart of Gilbert, Arizona, has officially received final entitlement approval from the Planning Commission on August 6, 2025. With this critical milestone achieved, permitting and construction can now commence on the transformative project poised to redefine the region’s landscape and economy. GREATER PHOENIX IN BUSINESS | Read More |
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Gilbert approves $1 billion, 311-acre The Ranch mixed-use project
The boutique commercial real estate company IndiCap, who specializes in industrial investment and development in Arizona along with Colmena Group, a real estate development and investment company headquartered in Salt Lake City, and Arizona-based Langley Properties announced today… AZ BIG MEDIA | Read More |
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311 acres of land in Gilbert sells for $107.5 million
Indicap, Colmena Group and Langley Properties announced today the successful acquisition of the 311+ acres of land at the northwest corner of Power Road and Warner Road in Gilbert, Arizona for $107,500,000 in an all cash transaction, which is believed to be one of the largest private land transactions in Maricopa County in the last year… AZ BIG MEDIA | Read more |
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Development team closes on massive land deal for The Ranch, plans 2024 groundbreaking
The team behind one of the largest — and most expensive — mixed-use developments in the East Valley has secured the land for its project that had attracted neighborhood opposition and was significantly altered from its original proposal. PHOENIX BUISNESS JOURNAL | Read more |
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Partnership Purchases 311-Acre Site for Mixed-Use Project in Gilbert, Arizona
Indicap, Colmena Group and Langley Properties have completed the purchase of 311 acres of land at the northwest corner of Power and Warner roads in Gilbert. The property traded for $107.5 million in an all-cash transaction. RE BUSINESS | Read more |
Media Inquires:
Paula Yakubik | MassMedia | +1 702 332 3617 | [email protected]
Paula Yakubik | MassMedia | +1 702 332 3617 | [email protected]
DEVELOPMENT TEAM
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About IndiCap
IndiCap, founded in 2021, specializes in industrial investment, development, consulting, and management services in Arizona with growth and expansion plans across other Western States. The principals and team at IndiCap have developed more than 30 million square feet of commercial real estate throughout the industrial, office, and retail space. Mike Chernine and Jason Kuckler, the company's principals, are seasoned real estate development experts with 60 years of experience between them. IndiCap's scope consists of site selection, design, site plans and construction, finance and budgets, and full development services. For more information, visit indicapinc.com/. |
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About Colmena Group
Colmena Group is a real estate development and investment company headquartered in Salt Lake City, Utah. The managing partners of Colmena Group have more than 65 combined years of real estate experience, building their reputation on thoughtful stewardship of investment opportunities. Founded in 2008, Colmena’s mission is to build a legacy of quality, long-lasting communities. Its portfolio includes multifamily, assisted living, commercial office, student housing, research parks, retail, hotel, industrial warehouses, and mixed-use properties. Since its inception, Colmena has developed, co-developed and invested in real estate projects that built a current portfolio value of more than $1.6 Billion. For more information, visit https://www.colmenagroup.com/. |
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About Langley Properties
For over 30 years, Langley Properties, LLC has built their reputation as a market leader using a simple strategy; find the right property, at the right price, with an opportunity to add meaningful value, and get to work! Whether it is growing cotton, cattle, solar farms, wind farms, homes, or schools, when they utilize the experience of their team, and proper stewardship of the land is our goal, added value is the result. With over 60,000 acres owned across the southwest, this straightforward approach to real estate investing has served their investors well. Their team has the depth of knowledge to realize a property's potential, be it a 5-acre infill lot with a significant value proposition, a 160-acre farm in the path of progress, or a 5,000-acre ranch with an opportunity to become a future master planned community. The Langley team is committed to achieving the highest and best use for their properties, maximizing returns for our investors. For more information, visit https://www.langley-properties.com/. |
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Architect
An international, award-winning firm, Ware Malcomb offers integrated design services including architecture, planning, interior design, civil engineering, branding, and building measurement to diverse clients in both the private and public sectors. Founded in 1972, Ware Malcomb now has offices located throughout North America. The firm focuses on achieving their clients’ goals, while balancing aesthetics and functionality within budget and schedule parameters. By considering innovations coming to fruition today and planning for future technological disruptions, their holistic design approach helps maximize real estate value by building flexibility and adaptability. For more information, visit https://waremalcomb.com/. |
