Industrial

Southeast Phoenix Distribution Center

Phoenix, AZ

Acquired February 2021

At a Glance

A newly constructed, four-building, Class A distribution center totaling 474,000 square feet located in the Chandler submarket of Phoenix.

Investment Rationale

  • 474,000 square foot distribution center located in the Chandler submarket of Phoenix, one of the top warehouse markets within the greater Phoenix metroplex.

  • Newly developed Class A distribution center with four warehouses that are 96% leased to seven tenants with an average weighted lease term of more than eight years.

  • Well-located at the confluence of the Interstate 10 and Loop 202 freeways that traverse the Southeast Valley and provide access to vast labor pools throughout metro Phoenix.

  • The portfolio fits well within JLL Income Property Trust’s industrial investment strategy focused on institutional-quality core assets located in close proximity to irreplaceable hubs of transportation.

Property Gallery

Location

South East Phoenix Distribution Map v2