Cushman & Wakefield’s National Industrial Advisory Group is pleased to present an exclusive opportunity to acquire Infill Phoenix Three Pack (“the Project” or “the Portfolio”) — a high-quality, three-building industrial portfolio totaling ±237,627 SF, strategically located within the high-growth Southwest Phoenix and Sky Harbor Airport submarkets of the Phoenix MSA. The Portfolio offers immediate access to Loop 202, I-10, and I-17, positioning the assets as mission-critical for last-mile and regional distribution across the Western U.S.
The Portfolio comprises three fully leased, modern industrial buildings occupied by nationally recognized tenants—Mondelēz International, Duralum Products, and Clearwing Productions—with a 4.4-year weighted average lease term. Featuring functional construction, 24’–32’ clear heights, ESFR sprinklers, generous truck courts (125’–170’), and low site coverage, the buildings range from 63,750 to 100,100 SF. In-place rents are approximately 35% below market, offering significant mark-to-market upside and strong re-leasing flexibility due to diverse tenancy and efficient design.
The Properties are strategically situated in the thriving Southwest Phoenix and Sky Harbor Airport submarkets in the heart of the rapidly expanding I-10 corridor. This submarket has established itself as a dynamic and fast-growing industrial hub, driven by its prime location, well-developed infrastructure, and business-friendly environment. The Airport submarket has virtually no vacancy for comparable product.