Arise Investments JV spends $7.6M ($97psf) on sale-leaseback on portfolio of Nogales, AZ warehouse-distribution assets

Arise Investments and Snow Creek Group have purchased a 79k sf, dual-building truck terminal and cross-dock distribution facility in Nogales, AZ for $7.65 mil, or $97/sf. The property is located at 67 and 137 E Baffert Dr, just east of Grand Ave.

The institutional-quality asset sits on 8.6 acres. It offers significant excess yard area for trailer and container storage, or for future building expansion, further enhancing operational throughput and long-term optionality for industrial outdoor storage (IOS) use — a feature increasingly sought after by modern logistics platforms.

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