CapRock Partners announced the acquisition of 5858 W. Lower Buckeye Road, a new 249,844- square-foot, class-A industrial building along Phoenix’s Loop 202 freeway. During the acquisition process, CapRock was successful in securing two undisclosed tenants resulting in the property being 100 percent pre-leased at the close of escrow.
“CapRock is pleased to acquire 5858 W. Lower Buckeye Road, a best-in-class property designed to serve the current and future needs of Phoenix’s expanding economy,” said Bob O’Neill, senior vice president of acquisitions at CapRock Partners. “The asset is in a preferred infill location for distribution and logistics along Loop 202, an alternative transportation route enhancing connectivity and efficiency in the region.”
5858 W. Lower Buckeye Road is an efficient distribution and manufacturing facility. The building features 36-foot clear height, 28 dock-high loading doors, two motorized oversized grade-level loading doors, ESFR
