INDUS Realty Trust Buys 393,484 SF Phoenix Airport Logistics Facility from CBRE IM

11/20/2024

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REBusinessOnline

• Subcategory: Industrial: Logistics, Industrial: Warehouse

• Tag: Sale

• Additional Filters-Subcategory: Industrial: Cross Dock

• Additional Filters-Tags: Sale: Investment, Sale: Net Lease, Sale: Single Property

• Company: Cushman & Wakefield (NYSE: CWK), CBRE Investment Management (CBRE IM)

INDUS Realty Trust has purchased Phoenix Airport Logistics, a Class A warehouse and distribution building in Phoenix’s airport submarket. Located at 3333 S. 7th St., the 393,484-square-foot cross-dock facility offers a clear height of 36 feet, 96 dock-high doors and 62 trailer parking spaces. At the time of sale, the property was fully leased to five tenants.