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Sigma Contracting Has Been Hired by Venture Development Group to Build the Retail Shops at Stapley Center on the NWC of Mckellips and Stapley in Mesa, AZ

For media requests please contact:
Melinda Hinkson
mhinkson@sigmacontracting.com
602-788-7800 x 14

SCOTTSDALE, ARIZ. (July 10, 2007) Sigma Contracting plans to immediately break ground on a 4-acre parcel to develop the site work and the first retail building consisting of 14,000 square feet at the NWC of McKellips Road and Stapley Drive in Mesa. The $2.1 million contract was awarded to Sigma Contracting on June 22nd. Site work begins July 9th, 2007. The site is owned by Venture Development Group out of Las Vegas, NV.

Dan Hinkson, president of Sigma Contracting, a Scottsdale, AZ-based company, says the $2.1 million project will take approximately six months to build. He expects that the project will be 100% leased when it opens in early 2008. Tenants already committing to the space are: Maui Wow!, Inc., Quizno's Sub, and TCF National Bank AZ. The retail space is being marketed by Kurt Kalocin, Bryan Lamond and Larry Zebe of De Rito Partners.

"This new development helps to compliment other recent developments at this intersection." Hinkson explains, "Looker and Cappello Architects designed the center to blend with the character of the area and uses of the center will be compatible with the surrounding neighborhood becoming an asset to the community. All buildings on the site will share a common design theme, material and color palette to compliment the surrounding subdivision."

About Sigma Contracting, Inc.

Founded in 1983, Sigma Contracting, Inc. is a private general contracting company focused on creating and adding value through the performance of commercial contracting services. The sample portfolio of clients serviced by Sigma Contracting Inc. includes Armstrong Development, Chase Bank, Coca Cola, CVS Pharmacy, Greenstreet Properties, M & I Bank, Petco, RED Development, and The Salvation Army. Sigma's experience includes General Contractor, Project Management, Negotiated Projects, Design-Bid-Build, Design-Build, Construction Management at Risk and Construction Consulting. With a focus on the Metropolitan Phoenix area, the company's corporate office is located in Scottsdale, and is licensed in Arizona and Nevada. Its current portfolio consists of approximately 350,000 square feet of office, retail and industrial construction projects.

About Venture Development

Venture Development Group (VDG) is a Las Vegas-based development firm specializing in the development of retail centers, single tenant buildings, and mixed-use projects, as well as the acquisition of existing retail properties. VDG currently develops commercial property in Arizona, Nevada, California and Texas and is expanding based on opportunity.

Project Details

Location: Stapley & McKellips, Mesa, AZ
Owner: Venture Development Group
Architect: Looker & Cappello Architects
Approximate Size: 14,000 Square Feet

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Sigma Contracting
9019 E. Bahia Drive | Suite #102
Scottsdale, AZ | 85260
Tele 602.788.7800 Fax 602.788.4577

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