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Cornerstone homes opens new Mesa headquarters at Dover Industrial Park

MESA, Ariz. - Jan.25, 2007 - Cornerstone Homes has relocated its corporate headquarters to Dover Industrial Park. The firm has taken occupancy of a new building at 4220 E. McDowell Road, constructed for Cornerstone by Daedalus Real Estate Advisors.

Development of the 20,000-square-foot headquarters office building for Cornerstone Homes began approximately one year ago. The building is situated within Dover Industrial Park, located west of the northwest corner of Greenfield and McDowell roads in North Mesa.

Kennedy Design Build, a Mesa business with offices at Dover Industrial Park, served as general contractor for the project. Phoenix-based Dickinson Architects designed the building.

"We are excited to move into our new corporate offices in such a great location at Dover Industrial Park," says Todd Tucker, CEO of Cornerstone Homes. "With the unique design of the building, Daedalus and Kennedy did an excellent job of bringing all the details together and creating something truly special. With the completion soon of the 202 freeway, we are really excited about the economic growth here in northeast Mesa."

Cornerstone Homes, founded in 1998, is a Mesa-based homebuilding firm. The company specializes in creation of production and custom homes, as well as custom lot development and land entitlement. The firm is led by Tucker, a Mesa native and current resident.

Dover Industrial Park is a 65-acre industrial, office and commercial development park at the northwest corner of Greenfield and McDowell Roads in North Mesa. Dover Industrial Park currently includes Aliant Tech Systems (ATK); Hunter's; Kennedy Design Build; Trans-Matic; Standard Bolt/Chrome Hardware Supply and Timken. Dover Associates, LLC purchased the park in 1999 from The Boeing Company.

For more information regarding Dover Industrial Park, contact Joe Isbell (602) 889-2300.

About Daedalus Real Estate Advisors, LLC
Daedalus Real Estate Advisors, LLC, is a Phoenix based commercial real estate services company that provides investment, development and communications consulting to corporate real estate clients. Consistently recognized as one of the state's most influential developers by Arizona Business Magazine Daedalus creates exclusive lifestyle experiences through office, industrial, retail, golf and residential development. For more information visit www.daedalusllc.com.

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