Cushman & Wakefield, as exclusive advisor, is pleased to offer the opportunity to acquire the 100% fee simple interest in Koll Cotton Center located at 4050 East Cotton Center Boulevard, Phoenix, AZ (“The Property”). This multi-tenant asset consists of seven light industrial buildings totaling 225,608 SF on 17.8 acres in the highly sought after Sky Harbor Airport submarket.
Koll Cotton Center is a rare investment opportunity to acquire a light industrial asset in the coveted Sky Harbor Airport submarket. Vacancy rates are at an all-time low throughout the Metro, but they are particularly low in the Sky Harbor Airport Submarket (3.6% as of Q1 2023). National and regional tenants are attracted to Phoenix because of its strategic west coast location, access to labor, numerous business and tax incentives and absence of natural disasters. The below market rent opportunity coupled with the prime infill location of the asset, within a submarket with virtually no land availability, makes Koll Cotton Center a highly sought after investment opportunity.