Marigold Two-Pack

JLL, as exclusive advisor, is pleased to present the opportunity to acquire the unencumbered fee-simple interest in the Marigold Two-Pack (the ‘Portfolio’). The Portfolio is comprised of two industrial buildings totaling 237,765 SF - 601 S. 55th Avenue (100,000 SF) & 236 E. Pima Street (137,765 SF) located on infill sites in the West Valley and Airport area of the Phoenix Metro. Currently 96% leased to 6 tenants with 23% below market rents with 2.1 years WALT, the offering provides both diversity in building profile and upside with the 55th Avenue asset 100% leased to a single tenant and Pima Street 93% leased to 5 tenants with a 10,000 SF vacancy. The Marigold Two-Pack offers timeless and functional design and amenities including secured and gated yards, 22’-30’ clear height, ample dock-high & grade level loading, and low office build-out.

The Portfolio’s ability to retain consistently high occupancy is due in large part to the premier location of the assets. Pima Street is located in one of the most sought-after infill submarkets of Metro Phoenix, the Airport Area: close proximity to Sky Harbor Airport as well as major freeways (I-17 & I-10: within 2 miles), healthy vacancy rate of 4.6%, strong tenant demand and minimal new competing supply (only 550k SF as of Q1 2025). The 55th Avenue asset is located in the West Valley, in a prime industrial pocket providing similar ease of access to the freeways (I-17, I-10, Loop 202: within 5 miles).

The Marigold Two-Pack represents an excellent opportunity for investors to acquire two timeless, highly functional, and consistently performing assets that have been institutionally owned and maintained for more than a decade. This Portfolio yields the right balance of a single tenant as well as multi-tenant profile allowing investors to have near term cash flow while enhancing returns upon rollover.