Cushman & Wakefield’s Phoenix Industrial Private Capital Group is pleased to offer the extraordinary opportunity to acquire the 100% fee simple interest in the Tempe Freestanding Industrial Portfolio (“The Portfolio”). This diverse collection features three 100% leased, freestanding, infill industrial properties totaling ±175,723 SF and is located in one of the nation’s highest-performing markets, Phoenix, Arizona. Occupying prominent infill locations, coupled with close proximity to major transportation arteries and residential rooftops, these small to mid-bay functional assets are perfectly positioned to accommodate users requiring “last-mile” locations.
The Portfolio is located in the Sky Harbor and Broadway Industrial sub-markets, two of the most desirable pockets in the Phoenix Metro area. Each of the assets have immediate access to Phoenix Sky Harbor International Airport, SR-143 and I-10 freeways. The sub-market benefits from remarkable industrial tenant demand driven by (i) available and affordable labor pool; (ii) low cost of living and favorable business climate; (iii) access to the two most active container ports in the U.S. (Los Angeles and Long Beach); and (iv) ability to service major population centers via an integrated network of freeways.
Tempe Freestanding Industrial Portfolio is one of three industrial offerings being concurrently sold by the owner, consisting of 6 unique properties in total. The opportunities offer the ability to acquire individual assets, a combination of assets or the entire consolidated portfolio.
For portfolio information please call Will Strong, Phil Haenel or Michael Matchett