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September 27, 2023
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330k sf AZ Light Industrial Park Trades Hands


GID Industrial has acquired a new 330.5k sf, Class A light industrial park in Mesa, AZ known as Power 202 Business Park. The multi-building project was constructed in mid 2021 and was 100% preleased prior to completion. It was sold by Bird Dog Industrial.

Power 202 Business Park consists of three state-of-the-art industrial buildings located at 4617, 4631 and 4645 S. Power Rd in Phoenix’ South Valley area. Situated on a total of more than 19 acres, the buildings feature functional divisibility with a variety of bay sizes, 24'-32' clear heights, excellent parking, grade and dock-high loading doors, ESFR sprinklers, and concrete truck court aprons. The property provides quick access to a full diamond interchange at the Loop 202 Freeway.

Will Strong, Greer Oliver and Connor Nebeker-Hay of Cushman & Wakefield’s National Industrial Advisory Group—Mountain West team represented the seller in the transaction. Ken McQueen and Chris McClurg of Lee & Associates provided market advisory. A price was not given out.

“Power 202 Business Park is an exceptional core investment asset with a strong, highly diversified tenant mix that, fully preleased upon delivery, successfully capitalized on the rapid demand for quality industrial space. The high-profile property is well positioned in the heart of a prestigious market and one of the best performing industrial markets in the country,” said Strong.

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