Cushman & Wakefield’s National Industrial Advisory Group, as the exclusive advisor, is pleased to present an opportunity for a joint venture equity investment on behalf of Provident Industrial (“the Sponsor”) for the future development of Aldea Exchange (“the Property” or “the Project”). The Project will consist of three Class A rear-load industrial buildings totaling ±456,280 SF and is strategically located at the core of the 101 Corridor within Phoenix’s Southwest Valley submarket.

The ±26.89 acre Property is already zoned for industrial use, and the Project will be fully entitled prior to land closing. The Sponsor has the Property under contract and land closing is scheduled for December 2025. The Project will be developed in one phase. Construction is expected to commence in May 2026 and deliver in May 2027.

Aldea Exchange offers the rare chance to develop a modern, large-scale industrial campus in one of the country’s most active logistics submarkets. The Property benefits from direct access to Loop 101, a critical infrastructure corridor providing seamless connectivity to major West Coast logistics networks, including Southern California, the Inland Empire, Las Vegas, and other key Western distribution markets.

This is a compelling offering alongside a best-in-class development team with a strong track record of delivering high-quality projects in high-growth markets. The Sponsor’s experience and market insight provide a solid foundation for successful execution and long-term value creation. Phoenix’s strategic location within a one-day truck drive of Southern California ports, combined with its business-friendly climate and rapid population growth, continues to draw significant interest from industrial users and capital sources. With strong market fundamentals and growing tenant demand, Aldea Exchange is well-positioned to meet user needs and deliver attractive results for its investment partners.