JLL Capital Markets announced the $89.8 million sale of Fairway Commerce Center, a 450,260-square-foot state-of-the-art distribution facility in Avondale, Ariz. The trophy asset features a 10-year triple-net lease with the United States Postal Service (USPS).
JLL represented the seller, Westfield Co. and RGA ReCap (ReCap Real Estate Investments) on behalf of RGA, in the sale to an institutional investor.
Located at 12250 West Corporate Drive, Fairway Commerce Center sits on 26 acres with direct visibility to Interstate 10 and immediate access to major transportation corridors serving the Southwest region. The location is within a 5.5-hour drive of the Ports of Long Beach and Los Angeles, making it strategically valuable for distribution operations serving Western markets.
The cross-dock facility was completed in 2024 and features 40-foot clear heights, 13,800 amps of power, complete climate control, 83 dock-high loading positions and secured truck courts.
