LBA Realty buys 220k SF net leased Echo Park 303 warehouse for $39M from Echo, Grandview JV

Echo Real Estate Capital and Grandview Partners sold a class-A industrial building leased to Hubstarr Logistics for $39 million dollars. The property, known as “Building A” in Echo Park 303, is approximately 220,240 square feet and is located at 9701 North 151st Avenue in Glendale, Arizona—two miles east of Loop 303 and in the heart of the Wolf Logistics Park. At the time of sale, HubStarr Logistics, a regional third-party logistics solutions company, was 100% occupied. Cushman and Wakefield represented the seller in this transaction.  

LBA Realty & Logistics
John Garrigan | Principal, Head of Acquisitions
Echo Real Estate Capital
Oliver Plotkin | Principal, Acquisitions/Development

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