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LaSalle pays $140.2M ($137psf) for 1M-SF Puma warehouse in West Valley from Clarius, Peakline JV

  • 7/31/2025

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Phoenix Business Journal

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Story Highlights
Puma's distribution center in Glendale sold for $140.2 million
Highly automated warehouse features 3.5 miles of conveyor systems
Phoenix industrial market sales volume has increased 40% from 2024

Clarius Partners
Mark Balcius | EVP, Development, Western Region
[email protected]
312-386-7150
LaSalle Investment Management
Jim Garvey, CFA | Portfolio Manager and President, LaSalle Property Fund
[email protected]
312-897-4000
Peakline Partners (fka Cresset Partners)
Chris Boehm | EVP, Cresset Private Capital
[email protected]
312-626-0326

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