Machine Investment Group (MIG), a real estate investment platform focused on opportunistic, distressed and special situations across the United States, in a joint venture partnership with Miramar Capital and Axonic Capital, announced the acquisition of The Hub @ 202, a 1,271,390-square-foot, 10-building industrial park located in the Southeast Valley submarket of Phoenix.
The industrial campus consists of 10 separate buildings, ranging in size from approximately 65,000 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 in the property to create move-in-ready industrial suites designed to meet strong market demand and attract a broad range of tenants seeking high-quality space with immediate occupancy.
“The Hub @ 202 represents an exceptional opportunity to acquire a high-quality industrial asset in one of the countryâ€
