Machine Investment Group, in a joint venture partnership with Miramar Capital and Axonic Capital, has acquired The Hub @ 202, a 1.2 million-square-foot, 10-building industrial park located in the Southeast Valley submarket of Phoenix.
The industrial campus consists of 10 buildings ranging from approximately 65,000 square feet to 270,000 square feet and is positioned within one of the nation’s fastest-growing industrial and manufacturing corridors.
MIG purchased The Hub @ 202 with plans to invest additional capital into the property to create move-in ready industrial suites designed to meet strong market demand and attract tenants seeking high-quality space with immediate occupancy capabilities.
“The Hub @ 202 represents an exceptional opportunity to acquire a high-quality industrial asset in one of the country’s most dynamic growth markets at a highly attractive basis,â
