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7/09/25
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GO Industrial has picked up a freestanding, 75k sf Class A industrial building in Glendale, AZ. GO Industrial is a developer, owner and operator of institutional quality industrial and e-commerce real estate in the Southwest U.S. The price was not disclosed.
Located at 10950 West Northview Ave, the vacant building is situated on 6.4 acres including a 1.23-acre paved, secured and lite yard. The seller was Realterm, an independent global investment manager focused on the transportation industry.
10950 West Northview is situated near Loop 101, with convenient access to I-10 and I-17. Positioned in a prime infill area, the location offers exceptional connectivity and ease of access for distribution and operational needs. Additionally, 10950 West Northview Avenue is less than a six-hour drive from the Ports of Los Angeles and Long Beach, enhancing its logistics and transportation advantages.
Cushman & Wakefield’s Private Capital Group in Phoenix consisting of Phil Haenel, Will Strong, Foster Bundy, and Katie Repine represented the seller. Cushman & Wakefield’s Mike Haenel, Andy Markham and Phil Haenel were also hired by the buyer to head leasing services onward.
“10950 West Northview is a premier Class A industrial facility strategically positioned in the highly sought-after Southwest Valley submarket, just north of the expanding I-10 corridor,” noted Bundy. “This asset offers a rare blend of prime location, modern functionality, and value-add potential. With a limited supply of freestanding industrial buildings under 100k sf in the area, properties of this caliber are well-positioned for sustained demand, high occupancy, and long-term value appreciation. GO Industrial is poised to capitalize on current market conditions by re-leasing the asset at today’s competitive rental rates.”
The Southwest Valley submarket continues to experience accelerated demand for industrial space. According to Cushman & Wakefield, the Southwest Valley reported 1.9 msf of leasing activity coupled with 930.3k sf of positive net absorption in Q1 2025, leading all Phoenix Metro submarkets in both categories to begin the year. The quarterly performance also continued the strong momentum from 2024 in which the Southwest Valley tallied over 12.8 msf of occupancy growth, representing 58% of Phoenix’s total annual industrial growth and most of all other regional submarkets by a distant margin.
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