Dalfen Industrial has acquired a 109,699-square-foot industrial building in Phoenix’s Sky Harbor Airport submarket. The freestanding building is fully leased to a tenant that has been in the property for two decades.
Cushman & Wakefield’s National Industrial Advisory Group – Mountain West represented the seller in the transaction. Cushman & Wakefield also represented the landlord in negotiating a lease extension with the tenant.
The property is near major logistics routes, including Interstate 10 and I-17. It also is near downtown Phoenix, which places it near a robust labor pool. The building features 25-foot clear height, 11 dock doors and 10 grade level doors. It was built in 1981 but has undergone renovations.
