Phoenix Registers Strong Demand, Limited Supply and Rising Rents PHOENIX – Aug. 29, 2019 – Fourteen U.S. markets stand out in a new report from CBRE as strategic options for investors in industrial & logistics real estate who are seeking growth opportunities outside of primary … [Read more...] about Investors Can Find Industrial & Logistics Real Estate Opportunities In Markets Outside of Major Gateways
Industrial
Marcus & Millichap Arranges the Sale of a 52,330-SF Net-Leased Office/Industrial Property
GLENDALE, ARIZ. - August 28, 2019 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, has announced the sale of a 52,330-square foot net-leased office/industrial property located at 7326 Glen Harbor … [Read more...] about Marcus & Millichap Arranges the Sale of a 52,330-SF Net-Leased Office/Industrial Property
NIKE Purchases Lincoln Logistics in Goodyear for $70 Million, Arizona’s Biggest Industrial Sale of the Year
Modern manufacturing efficiencies and premier employee demographics have enticed NIKE to purchase Lincoln Logistics 40, which is a brand new, nearly 1 million-square-foot Class A industrial project situated near Interstate 10 in Goodyear, Arizona. Goodyear, Ariz. - Nike Inc. paid $69.8 million … [Read more...] about NIKE Purchases Lincoln Logistics in Goodyear for $70 Million, Arizona’s Biggest Industrial Sale of the Year
Westcore Properties Acquires 379,828-Square-Foot, Cutting-Edge Industrial Property in Phoenix
PHOENIX, ARIZ. – Westcore Properties has acquired a new, 379,828-square-foot industrial building on 22 acres in southwest Phoenix, Arizona. Westcore acquired the building, located at 8001 West Buckeye Road, from a joint venture between Phoenix-based Wentworth Property Company and a private … [Read more...] about Westcore Properties Acquires 379,828-Square-Foot, Cutting-Edge Industrial Property in Phoenix
Marwest Enterprises Announces Logic Park 91, a New $53M Class-A Industrial Project Coming to West Phoenix
PHOENIX, ARIZ. — Marwest Enterprises is pleased to announce the successful joint venture for its new development known as Logic Park 91. The project consists of three buildings totaling 720,000 SF on 44 acres. The new $53M, Class-A industrial project will be located at the intersection of … [Read more...] about Marwest Enterprises Announces Logic Park 91, a New $53M Class-A Industrial Project Coming to West Phoenix
Phoenix Industrial Market Heats Up Over Second Quarter
Phoenix, Ariz. - The Greater Phoenix industrial real estate market has heated up substantially during second quarter as the city continues to lead the country in population expansion and job growth. Businesses are expanding and relocating to the metro area, fueling demand for all types of commercial … [Read more...] about Phoenix Industrial Market Heats Up Over Second Quarter
CapRock Partners Acquires Class A Industrial Asset in Phoenix
Phoenix, Ariz. - CapRock Partners, one of the fastest growing private industrial investment and development firms focused solely on the Western U.S., announced today it closed escrow on a 226,436-square-foot, Class A industrial property – known as Papago Distribution Center – in Phoenix, Arizona. … [Read more...] about CapRock Partners Acquires Class A Industrial Asset in Phoenix
Integrated CBD bringing first U.S. manufacturing location, 100 jobs to Phoenix
JLL completes 155,000-square-foot, long-term lease for Integrated CBD at HUB 317 PHOENIX, ARIZ. – Institutional CBD oil and isolate supplier Integrated CBD has announced it will open its first U.S. manufacturing location and hire approximately 100 employees at HUB 317, a 225,157-square-foot … [Read more...] about Integrated CBD bringing first U.S. manufacturing location, 100 jobs to Phoenix
Menlo Group Sells Three Industrial Properties Worth $6M
Menlo Group Commercial Real Estate has announced the sale of three Phoenix-area industrial properties, totaling over 74,000 sq. ft. TEMPE, ARIZ — Menlo Group Commercial Real Estate successfully negotiated the sale of three industrial properties in June 2019. The Phoenix-area properties sold for a … [Read more...] about Menlo Group Sells Three Industrial Properties Worth $6M
ViaWest Purchases Industrial Portfolio in Phoenix Sky Harbor Submarket
PHOENIX, ARIZ. — ViaWest Group announced the purchase of an industrial portfolio comprised of both vacant, developable land and two existing buildings in the Phoenix Sky Harbor submarket. Ultimately, the combined projects will have over 650,000 square feet of industrial space, including 75,000 … [Read more...] about ViaWest Purchases Industrial Portfolio in Phoenix Sky Harbor Submarket
