Cushman & Wakefield’s National Industrial Advisory Group, as the exclusive advisor, is proud to offer the opportunity to acquire the 100% fee-simple interest in the Tucson Shallow Bay Industrial Portfolio (the “Portfolio”).

The Portfolio presents a rare opportunity to achieve immediate scale within one of Arizona’s most strategic hubs along the U.S.–Latin America trade corridor. The offering comprises fourteen (14) high-quality, multi-tenant, shallow bay industrial properties totaling more than 1.2 million square feet, representing an institutional-quality collection of assets in one of the nation’s most supply-constrained and strategically positioned industrial markets. Tucson’s industrial fundamentals remain notably tight, with vacancy at just 7.3% as of 2025 YTD, underscoring the market’s limited availability and supporting continued tenant demand for well-located shallow bay product.

Currently 90% leased to approximately 452 international, national, and regional tenants, the Portfolio features a weighted average remaining lease term of 1.9 years and a favorable lease rollover profile. Meaningful embedded upside exists, as in-place rents are approximately 14% below market, with roughly 63% of the rent roll expiring within the first 3 years of the analysis period.

Tucson’s unique proximity to Mexico, access to deep-water ports, and extensive multimodal transportation infrastructure provide efficient connectivity for cross-border trade, linking suppliers, manufacturers, and end users throughout North America. This strategic positioning supports durable tenant demand and reinforces the Portfolio’s long-term rent growth outlook within an increasingly supply-chain-driven industrial landscape.

The assets are strategically clustered within established industrial parks, creating operational efficiencies and leasing synergies at scale. The Portfolio’s infill locations, functional shallow bay design, and difficult-to-replicate site characteristics present significant barriers to entry, limiting competitive supply and supporting sustained occupancy and rental rate growth.

Tucson Shallow Bay Industrial Portfolio will be delivered free and clear of existing financing, offering a rare opportunity to acquire an institutional-quality collection of assets at scale, in one of the nation’s most supply constrained logistics hubs.