The Expansive Mesa at Newberry Station is a 20,000 Sq/Ft Workspace, Poised to Play a Key Role in Reigniting Mesa’s Burgeoning Innovation District
Caliber, a fully integrated alternative asset manager and Opportunity Zone investor, and flexible workspace leader Expansive today announced the opening of Expansive Mesa at Newberry Station at 114 West Main in Mesa, AZ. Opened in partnership, this 20,000 square foot workspace is poised to play a key role at the heart of Mesa’s burgeoning Innovation District. Featuring private offices, co-working, event space, and on-demand workspace including conference rooms and day offices, it is adjacent to the ASU at Mesa City Center campus.
Located on the site of the former JJ Newberry variety store, this classic 1948 property has been painstakingly rebuilt with an eye toward revitalizing its vintage style with a sleek, modern look. An iconic building with a distinctive blue awning, it features the original lunch counter, two recording studios, four on-demand conference rooms, and an event space with soaring ceilings and a state-of-the-art projection screen.
“This has been a unique opportunity to contribute to rebuilding the economic heartbeat of an exciting community,” noted Bill Bennett, Expansive’s founder and CEO. “Not only do we have a strikingly reimagined space, strong partners, and enormous support from the City of Mesa, ASU, and others involved in the Innovation District, but Arizona has consistently proven its resilience and promise. We look forward to becoming a resource for Mesa’s business community and to helping position it for success with this new center.”
“We’re very excited to partner with Expansive in bringing this hub of innovation to Downtown Mesa,” said Jennifer Schrader, President and COO of Caliber. “This beautifully designed space pays respect to its heritage while providing leading-edge technology and accommodations where entrepreneurs, creatives, students, hybrid professionals, and others can work, collaborate, and enjoy a vibrant community.”
In the past month, Caliber has announced plans for three other businesses to lease its buildings in Downtown Mesa, including ZenniHome, Southwest Institute of Montessori Studies, and Sonoran Rows, a craft malthouse.
Newberry Station joins a powerful nationwide network of Expansive Workspace locations including three others in Arizona: Phoenix Midtown, Phoenix at the Heard Building, and Chandler at Cooper Crossing.
Expansive Mesa at Newberry Station is now open to the public. An official ribbon-cutting event is scheduled for December 1st and an Open House will take place on January 26, 2023.
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Caliber is a leading vertically integrated asset management firm whose primary goal is to enhance the wealth of investors seeking to make investments in middle-market assets. We strive to build wealth for our investor clients by creating, managing, and servicing proprietary products, including middle-market investment funds, private syndications, and direct investments. Our funds include investment vehicles focused primarily on real estate, private equity, and debt facilities. We market our services through direct sales to private investors, wholesaling to investment advisers, direct sales to family offices and institutions, and through in-house client services. Caliber’s middle-market specialty allows the Company to compete with agility and speed in an evolving arena of alternative investments. Additional information can be found at Caliberco.com and CaliberFunds.co.
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