Description

Jones Lang LaSalle, Inc. (“JLL”), as exclusive advisor, is pleased to present the opportunity to acquire the fee simple interest in the Stone Industrial Portfolio (the “Portfolio” or “Properties”), a ±316,318-square-foot, three-building industrial portfolio located in Phoenix, Arizona.

The Portfolio is 100% leased to four tenants, providing stable, diversified cash flow supported by a complementary mix of industrial users. The Portfolio includes a single-tenant building with direct I-17 visibility and a two-building industrial property comprised of one single-tenant building and one multi-tenant building with yard. The Properties benefit from long-term tenancy and have maintained 100% occupancy since March 2017.

Constructed with functional industrial design, the Portfolio offers clear heights ranging from 20’ to 28’, flexible loading configurations, and efficient truck courts, supporting a wide range of light industrial, manufacturing, and distribution uses. Portfolio-wide loading includes 43 dock-high doors and 5 drive-in doors.

Strategically located within Phoenix’s established Airport Area / infill West Phoenix industrial submarkets, the Portfolio benefits from strong regional connectivity, proximity to major transportation infrastructure, and access to large and expanding labor pools.

...