OlivePoint Capital, a Los Angeles–based real estate investment firm, announced that it has closed a preferred equity investment in Bethany 303, a 136,000-square-foot shallow-bay industrial project located in Phoenix’s high-growth West Valley submarket.
Bethany 303 is positioned north of the Loop 303 and Interstate 10 interchange, offering exceptional visibility, access and proximity to major logistics infrastructure, including Phoenix Sky Harbor Airport, TSMC’s semiconductor facility and the BNSF intermodal facility planned for nearby Wittmann. The project will feature two modern rear-load industrial buildings with suite sizes ranging from 4,500 to 18,000 square feet, catering to underserved small- and mid-bay tenants seeking a new-generation product with freeway frontage and modern logistics design.
“Bethany 303 represents the type of focused, supply/demand–driven opportunity we target in today’s market — a well-located, differentiated project with limit
