Cushman & Wakefield is pleased to present an exclusive opportunity to acquire the Sky Harbor Airport Industrial Portfolio (“the Properties” or “the Portfolio”). This collection includes two timeless industrial buildings with a total area of 284,500 SF, ideally located in the popular Airport submarket of Phoenix. The portfolio includes two single-tenant buildings, providing a solid and stable income stream, with room for growth in net operating income. These buildings are located in the most infill pocket of Phoenix, which will drive tenant demand and rent growth for years to come.

The tenants in this offering are both Fortune 100 companies and have some of the strongest credit in the nation. The 3809 East Watkins lease is guaranteed by e-commerce giant, Amazon.com (Fortune 2 Company.) The 3405 South 5th Street lease is with Goodrich Corporation, who is now wholly owned by Collins Aerospace, a Raytheon Technologies Corporation (Fortune 60 Company.)

The Properties are located in mature submarkets where there is virtually no available land for development. Each property in the portfolio offers excellent transportation links, situated near major routes including I-10 and I-17. Additionally, their proximity to Downtown Phoenix means they are close to one of the largest labor pools in the Western United States, which includes nearly 5 million individuals.

The Portfolio also provide users with excellent access to retail amenities and affordable housing options. All of this, coupled with great building functionality and consistent tenant demand, will provide buyers with strong potential to maintain full occupancy.