Article originally posted in the CoStar on Nov. 4, 2026.

OEG is the latest company expanding its Arizona real estate footprint to meet demand from the region’s fast-growing technology users, from chipmakers to data centers.

The contractor designs and installs electrical infrastructure for large commercial and industrial projects. As it completes and pursues additional jobs, OEG leased the full, 94,072-square-foot Building A at Ryan Cos.’ Queens Crossing at Chandler Airpark.

City records show OEG has worked with Intel to deliver electricity to construction trailers at the chipmaker’s Ocotillo campus in Chandler, located about 10 minutes from OEG’s new building.

The Queens Crossing facility gives OEG additional room for prefabrication to assemble materials and allow for easier transportation of the finished work to the job sites, which allows the company deliver projects more efficiently, said Ryan Quinn, OEG’s vice president, in a statement.

“By consolidating our operations into a centrally located 94,000-square-foot facility, we are creating the capacity needed to support our continued growth in Arizona’s booming high-tech and data center sectors,” Quinn said in a statement.

It’s not the first time OEG is leasing a building developed by Ryan Cos. In 2022, OEG leased a 33,115-square-foot space in nearby Mesa at the nine-building, 870,000-square-foot The Confluence at Mesa Gateway.

Molly Carson, Ryan Cos. president of the Southwest region, told CoStar News that her firm has also worked with OEG as a subcontractor on a handful of its projects in Arizona in the past. Carson said OEG has worked on projects in both the semiconductor and data center sectors in greater Phoenix.

This also isn’t the first time Ryan Cos. has found a construction company tenant that needed additional space to meet the demand for large projects.

Earlier this year, Okland Construction took a full building at Ryan Cos.’ 17 N. Corporate Center in Deer Valley. Okland had a similar motivation to OEG as it needed the space and nearby proximity to Taiwan Semiconductor Manufacturing Co., where it serves as a contractor at the $265 billion chipmaking plant.

“The beauty of these larger projects is they bring the ancillary uses, and those need to be built,” Carson said. “You’re really expanding on an ecosystem.”

Joining OEG as initial tenants at Queens Crossing is flooring and tile company Artivo Surfaces, which signed an approximately 43,000-square-foot lease at Building B.

Ryan Cos. and Principal Asset Management built the three-building, 437,547-square-foot Queens Crossing in 2025 and have the full 169,795-square-foot Building C and another 130,000 square feet at Building B available for lease.

Carson is tracking interest from additional contractors like OEG and Okland that need more space as well as medical manufacturers and solar and battery companies.

The project came online amid a three-year surge in development in the North Chandler/Gilbert submarket. During that time, 16.9 million square feet of net new industrial space was delivered, which expanded the submarket’s inventory by 47.6%, according to CoStar.

The development boom pushed the vacancy rate in the submarket to 27.2% — an all-time high — in mid-2024. Leasing has started to catch up, and North Chandler/Gilbert currently has an 18% vacancy rate. That rate is nearly eight points higher than the 10.1% average across greater Phoenix, according to CoStar.

Data center operators and the companies supporting the ecosystem have emerged alongside manufacturers and semiconductor suppliers as users competing for big blocks of space across Phoenix. Developers of industrial buildings that are 300,000 square foot or larger are seeing tenants fill the space nearly as fast as it can be built.

Ryan Cos. was represented by Steve Larsen, Jason Moore, Pat Harlan, and Katie White of JLL in the marketing and leasing of Queens Crossing. Matt Hobaica of Lee & Associates represented OEG, and Scott Maxwell of Cresa represented Artivo Surfaces in the lease transactions.