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MDH Partners acquires class-A industrial project for $51m
Transactions - AUGUST 14, 2024

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MDH Partners acquires class-A industrial project for $51m

by Denise Moose

MDH Partners has acquired KV Buckeye 10, a new 249,600-square-foot industrial complex that is 60 percent leased for $51 million. The project is located in Buckeye, Ariz.

JLL worked on behalf of the seller, Kentwood Ventures, to facilitate the sale.

KV Buckeye 10, completed in August 2023, is on an 18.7-acre site and consists of two buildings: one spanning 115,200 square feet and the other covering 134,300 square feet. The project was designed to accommodate tenants of various sizes, from mid-bay to large enterprises, with optimal efficiency. The project is the only class-A industrial project in Buckeye with spaces available less than 50,000 square feet.

Positioned off Interstate 10 and Verrado Way, KV Buckeye 10 offers unparalleled access to the West Valley. Tenants benefit from high visibility along the I-10, with proximity to the Inland Empire, the Ports of Los Angeles and Long Beach, all within a travel time of 4.5 to 5.5 hours.

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