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440 W Fairmont Dr, Tempe, AZ 800 W Fairmont Dr, Tempe, AZ 2115 S 11th Ave, Phoenix, AZ
Sycamore Portfolio
Asset ClassIndustrial
Six Institutional Quality Industrial Buildings | ±460,135 SF | 94.1% Leased to 18 Tenants - 2.3 Year WALT | Rents 3.8% Below Market | Highly Desirable Infill Locations in the Airport & Tempe Submarkets
overview of deal

Overview

Cushman & Wakefield’s National Industrial Advisory Group is pleased to present the opportunity to acquire the Sycamore Portfolio (“the Portfolio”), a three-property, six-building multi-tenant industrial portfolio totaling ±460,135 SF, strategically positioned within Metro Phoenix’s premier Tempe and Airport industrial submarkets. Comprised of institutional-quality infill industrial product currently 94.1% leased to 18 tenants, the Portfolio offers investors a compelling opportunity to acquire scaled exposure within some of the region’s most supply-constrained and operationally critical logistics corridors. The Portfolio currently features a weighted average lease term of approximately 2.3 years, providing investors with a highly attractive combination of in-place cash flow and embedded operational upside through future lease rollover, lease-up opportunity, and mark-to-market rent growth.

 

The diversified tenant roster includes a combination of regional and nationally recognized occupiers, further reinforcing the Portfolio’s broad tenancy profile and leasing flexibility. With significant mark-to-market opportunity across the Portfolio, investors are uniquely positioned to capitalize on continued rental rate appreciation and sustained tenant demand within Phoenix’s infill industrial market, where functional vacancy remains limited and replacement costs continue to rise.

 

Strategically located less than 6 miles from Phoenix Sky Harbor International Airport, the Portfolio provides exceptional regional connectivity via immediate access to US-60, Loop 202, Loop 101, I-10, and I-17, enabling efficient access to the entirety of the Metro Phoenix labor pool and consumer base. The Sycamore Portfolio’s irreplaceable infill locations within established industrial corridors continue to benefit from strong tenant demand driven by proximity to major transportation infrastructure, dense population centers, and the ongoing evolution of Phoenix as one of the nation’s leading logistics and distribution hubs.

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440 W Fairmont DrTempe, AZ 85282

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