
11601 Roosevelt Boulevard
11601 Roosevelt Boulevard, Philadelphia, PA, 19154, US
465,405 平方呎
On behalf of ownership, Jones Lang LaSalle Americas is exclusively marketing for sale the Mountain West Growth Portfolio (the “Portfolio”), an 11-building, 1.1 million square foot logistics and distribution portfolio located across four (4) critical Western US markets: Denver, CO, Phoenix, AZ, San Diego, CA, and Seattle, WA. The Portfolio is currently 86% leased with 2.0 years of WALT, offering immediate value creation via the lease up of the remaining 148,784 square feet of move-in ready space. Furthermore, the Portfolio offers a robust mark-to-market opportunity with existing in-place rents 25.3% below market. The Portfolio consists of an advantageous asset mix of institutional-grade tilt-wall product featuring efficient single- and multi-tenant configurations to support future leasing optionality.
The offering’s distribution throughout major Western US metro areas positions the Mountain West Growth Portfolio to mitigate consolidation risk and promote long-term leasing success in the fundamentally-robust markets of Denver, Phoenix, San Diego and Seattle. Exceptional logistics locations and access to national and international transportation corridors in each of the respective markets preserves the future operational niche of the Portfolio assets.
Overall, Mountain West Growth Portfolio offers investors the opportunity to acquire an institutional-grade logistics and distribution portfolio providing a sought-after near-term value creation strategy in an advantageous collection of Western US logistics hubs.
OPPORTUNITY TO PLANT A FLAG IN FUNDAMENTALLY-ROBUST WESTERN US LOGISTICS MARKETS
IMMEDIATE VALUE-ADD OPPPORTUNITY
FUTURE MARK-TO-MARKET POTENTIAL
HIGHLY FUNCTIONAL LOGISTICS PORTFOLIO WITH SINGLE- AND MULTI-TENANT DESIGN