Stos Partners buys vacant 39.4K-SF Industrial Property in Phoenix near Sky Harbor for $5.17M ($131psf) while selling another in Poway, CA

  • 7/30/2025

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Stos Partners recently completed two industrial deals, one an acquisition and the other a disposition. The transactions, in Phoenix and Poway, total $11.67 mil.

In Phoenix, the firm acquired a 39.4k sf, freestanding industrial building at 2229-2235 E. Magnolia St for $5.17 mil, or $131 per square foot. The vacant warehouse, purchased off-market from a private investor, is located in the Sky Harbor submarket, one of Phoenix’s most active industrial hubs, and presents a prime repositioning opportunity.

STOS Partners
Jason Richards, CCIM | Partner, Acquisitions/Dispositions

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