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7421 N Reems RdLitchfield Park, AZ 85340
The Cubes at Glendale - Building E
Asset ClassIndustrial
Coming Soon! Trophy Industrial Building ±570,080 SF | 100% Leased to Saddle Creek Corporation for 8.3 Years | Over $50M Tenant Investment with 9,000 Amps of Power | Irreplaceable Loop 303 Corridor Location
overview of deal

Overview

Cushman & Wakefield’s National Industrial Advisory Group is pleased to present the exclusive opportunity to acquire The Cubes at Glendale – Building E (“the Property”), a newly constructed Class A logistics facility totaling ±570,080 SF within one of Metro Phoenix’s most prominent master-planned industrial developments.

 

Delivered in 2022 and 100% leased to Saddle Creek Corporation with 8.3 years of lease term remaining, the Property offers investors stable in-place cash flow supported by a leading third-party logistics provider within the rapidly expanding Loop 303 Corridor. Saddle Creek has made a substantial investment in the facility, installing approximately $50 million of automated material handling equipment to support its operations, underscoring the highly specialized nature of its occupancy and significant capital commitment to the Property. The Property’s specifications and tenancy are consistent with the requirements of today’s largest distribution, e-commerce, and logistics users, positioning the asset for long-term operational relevance and institutional appeal.

 

Located at the northeast corner of Northern Avenue and North Reems Road in Glendale, the master-planned park is currently occupied by a roster of nationally recognized tenants including Amazon, Williams-Sonoma, and US Merchants, establishing a meaningful concentration of institutional-quality industrial occupancy. Planned future expansion within the campus—including the potential development of a build-to-suit facility or a 1.2 MSF cross-dock building—further enhances the long-term strategic importance of the project and reinforces its position as a premier logistics destination.

 

The Cubes at Glendale – Building E incorporates modern distribution specifications designed to meet evolving supply chain requirements, including 40’ clear height, 90 dock-high doors, four grade-level doors, a 190’ secured truck court with 60’ speed bays, expandable 9,000-amp power service, full HVAC, ESFR sprinklers, and LED lighting. Additional features include 354 automobile parking stalls and 179 trailer parking positions with expansion capability, providing the functionality and scalability demanded by modern logistics operations.

 

Strategically positioned approximately 2.5 miles from Loop 303 and one mile from Northern Parkway, The Cubes at Glendale – Building E benefits from immediate access to one of the Southwest’s most active industrial corridors. The surrounding area has attracted significant investment from some of the world’s leading manufacturers, retailers, logistics providers, and technology companies, including Microsoft, Walmart, Best Buy, REI, Red Bull, FedEx, and UPS. Supported by continued population growth, infrastructure investment, and sustained tenant demand, the Loop 303 corridor continues to solidify its position as one of the nation’s premier logistics and distribution hubs.

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7421 N Reems RdLitchfield Park, AZ 85340

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