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8/16/23
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ViaWest Group has acquired a six-building, 586.9k sf Phoenix industrial portfolio from Walton Street Capital. The buildings are all in prime infill locations within the greater Phoenix MSA. This acquisition brings ViaWest Group's owned and managed properties to over 13 msf across Arizona, Denver, Utah, Nevada and Southern California.
Among the properties acquired are four industrial buildings in Tempe: 6718 S. Harl Ave (149.8k sf); 9160 S. McKemy St (106.2k sf); 9185 S. Farmer Ave (47.2k sf) and 9245 S. Farmer Ave (47.2k sf). Additionally, the portfolio includes an industrial building in the Scottsdale Airpark at 7400 E. Tierra Buena Ln (66.1k sf) and one in the Southwest Valley at 125 N. 67th Ave (170.6k sf).
Mark Detmer, Greer Oliver, Ryan Sitov and Connor Nebeker-Hay with JLL Capital Markets represented the seller and procured the buyer in the transaction. The portfolio is currently 100% leased, with market leasing managed by the JLL team of Steve Larsen, Pat Harlan, Kyle Westfall, Jason Moore and Steve Sayre. Additionally, JLL assisted with the procurement of the financing led by Kevin MacKenzie, Jason Carlos and Jarrod Howard.
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