Mesa’s industrial market continues to expand, highlighted by a significant new lease at the Palm Gateway Logistics Center — one of the East Valley’s most prominent industrial parks. In early 2025, Hims & Hers Health, Inc. (HIMS) quietly signed a lease for a 289,462-square-foot industrial building located at 8142 E. Pecos Road in Mesa.
This lease represents one of the largest industrial space commitments in the Mesa submarket in recent years, underscoring strong demand for modern logistics and distribution facilities in the region. According to market data, the Hims lease was among the top industrial space transactions in the Phoenix area for the first quarter of 2025.
Strategic Location and Market Appeal
Palm Gateway Logistics Center is a 615,000-square-foot industrial campus built to meet increased demand from tenants seeking access to key transportation routes and logistics infrastructure. Located near State Route 202 and Interstate 10, and adjacent to Phoenix-Mesa Gateway Airport, the center is attractive to companies focused on distribution, warehousing, and manufacturing.
The development — Logistics Property Company’s first project in the Phoenix market — features multiple buildings of varying sizes and is certified LEED Silver, making it appealing to tenants requiring clear heights, modern loading docks, and flexible warehouse space.
What the Lease Means for Hims & Hers
The Mesa facility marks a major expansion for Hims & Hers Health, Inc., a telehealth and wellness company that integrates digital healthcare services with pharmaceuticals and prescription fulfillment. The company has been expanding its footprint not just digitally, but physically, through strategic leases that support growth in fulfillment and distribution operations.
According to regulatory filings, Hims executed a new lease in Mesa as part of its broader expansion strategy in 2025, adding to its operating lease portfolio alongside new facilities in other locations such as Menlo Park, California.
Larger Industrial Trends in Mesa and the East Valley
Hims’ move fits into a broader pattern of industrial growth in the region. Recent reports show Mesa and surrounding Phoenix metro areas attracting substantial industrial tenants across distribution, manufacturing, and logistics sectors. During the first quarter of 2025, industrial leasing activity in the Phoenix metro included several large-block deals, signaling robust demand for space larger than 200,000 square feet.
Other nearby industrial developments are also seeing activity, with facilities like Tailwinds at Gateway securing financing and achieving full occupancy — a sign of investor confidence in Mesa’s industrial market.
Why This Matters
For Mesa, this lease highlights the city’s growing role as a strategic industrial hub in the Southwest. With strong access to highways, an expanding workforce, and proximity to regional airports, Mesa’s industrial properties are attracting users from across sectors — from traditional logistics companies to emerging healthcare and e-commerce firms.
As industrial demand continues to grow, leases like Hims’ help reinforce the East Valley’s competitiveness and further solidify Mesa’s position as a key node in Arizona’s commercial real estate landscape.
