Phoenix Industrial real estate sales & leases

• Oct 15

  3137 E. Elwood St, Southbank Business Park, Phoenix (fully leased to three tenants)

  Buyer Sierra Ridge Capital, seller a local investor

  South & Southwest PhoenixSaleIndustrial123,032 SF on 9.8 acres$31MSource
• Oct 13

  Industrial property at 67th Ave and Buckeye Rd

  Buyer Dayton Street Partners, seller Lorenzen Land Company LLC

  West Valley (Glendale / Goodyear / Tolleson / Buckeye / Surprise)SaleIndustrial69K SF$30.75MSourceroundup
• Oct 13

  12-building industrial park, SEC of 27th Ave and Thomas Rd, Phoenix (rail access)

  Buyer entity linked to Reich Brothers Properties (with $31.8M new debt from Elkridge), seller Atkore

  Central Phoenix (Downtown / Midtown / Camelback)SaleIndustrial282.8K SF on 21.7 acres$30.25MSourceroundup
• Oct 13

  829 W. Silverlake Rd, Tucson (leased to MTM Transit)

  Buyer GRP 829 W Silverlake LLC (Greenspring Realty Partners affiliate), seller Tucson Silverlake LLC

  TucsonSaleIndustrial13.8K SF on 3.23 acres$3.27MSourceroundup
• Oct 13

  Litchfield Palms Logistics Park, 150 N. Litchfield Rd, Goodyear (DSV)

  Tenant DSV, landlord Johnson Development Associates

  South & Southwest PhoenixLeaseIndustrial251.2K SF in an 856K SF parkNot disclosedSourceroundup
• Oct 13

  3690-3700 S. Palo Verde Rd, Tucson

  Tenant Carvana LLC, landlord Rio Equity Group LLC

  TucsonLeaseIndustrial27.2K SFNot disclosedSourceroundup
• Oct 8

  Tucson Shallow Bay Industrial Portfolio (14 properties across Tucson)

  Buyer Everview Partners and Catalyst Real Estate (affiliated LLCs), seller Equus Capital Partners affiliate

  TucsonSaleIndustrial1.2M SF; about $133/SF$165.7MSource
• Oct 6

  25-acre rail-served industrial outdoor storage site near Thornton and Peters Rds, Casa Grande

  Buyer a Broe Group subsidiary (OmniTRAX), seller Not disclosed

  Pinal County & OtherSaleIndustrial25 acres$6.75MSourceroundup
• Oct 2

  1610, 1660 and 1750 N. Rosemont, Falcon Field area, Mesa (23 suites)

  Buyer Falcon Commerce Park LLC, seller Hyatt Investments USA

  East Valley (Tempe / Mesa / Chandler / Gilbert)SaleIndustrial72,256 SF; about $256/SF$18.5MSource
• Sep 29

  Albertsons distribution center, SWC of 99th Ave and Van Buren Rd, Tolleson (built 1995)

  Buyer Blue Owl Capital, seller Not disclosed

  West Valley (Glendale / Goodyear / Tolleson / Buckeye / Surprise)SaleIndustrial881.5K SF on about 85 acres$85.27MSourceroundup
• Sep 29

  Three-building industrial complex near I-10 and 75th Ave

  Buyer J.P. Morgan Asset Management, seller Forms+Surfaces Inc.

  West Valley (Glendale / Goodyear / Tolleson / Buckeye / Surprise)SaleIndustrial248.9K SF on about 13 acres$47.47MSourceroundup
• Sep 29

  800 E. Germann Rd, Chandler Airpark (leased 100% to Ferguson Enterprises; built 2021)

  Buyer Cohen Asset Management, seller Oxford Properties and Sagard Real Estate

  East Valley (Tempe / Mesa / Chandler / Gilbert)SaleIndustrial113,110 SF$26MSourceroundup
• Sep 29

  6250 N. Black Canyon Hwy, Phoenix (industrial flex with yard)

  Buyer an entity tracing to Taylor E. Megdal, seller Outfront Media

  North & Northwest PhoenixSaleIndustrial5.26 acres; about 22K SF of buildings$6.25MSourceroundup
• Sep 29

  205 W. Deer Valley Rd, Phoenix

  Buyer Jetwell Computer Co., seller CompRay Inc.

  North & Northwest PhoenixSaleIndustrial10.1K SF$3.3MSourceroundup
• Sep 22

  Industrial outdoor storage property, 2142 W. Van Buren St, Phoenix

  Buyer Steel Peak, seller Not disclosed

  Central Phoenix (Downtown / Midtown / Camelback)SaleIndustrial2.18 acres; 6.3K SF building$3.3MSourceroundup
• Sep 21

  Warehouse at NW corner of McDowell Rd and 27th Ave, Phoenix (vacant; planned data center conversion)

  Buyer 5C AI (data center developer), seller Hanson Capital Group

  Central Phoenix (Downtown / Midtown / Camelback)SaleIndustrial113,414 SF; $200.59/SF$22.75MSource

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