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12/17/25
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Miramar Capital acquired Pima Center Small Bay Industrial Portfolio, a 264.4k sf industrial portfolio in Scottsdale, AZ. The purchase is comprised of four buildings located at 8425, 8435, 8455 and 8465 North 90th St, just west of Hwy 101 at Pima Rd.
Pima Center Small Bay Industrial Portfolio features 24-foot clear heights, ample grade-level and dock-high doors and a diverse tenant mix. The portfolio is 100% leased to 15 tenants. It is strategically located at the northwest corner of Loop 101 and Via De Ventura in the heart of Scottsdale. The property benefits from its proximity to major transportation routes, including Interstate 10 and State Route 202, providing easy access to Phoenix Sky Harbor International Airport and surrounding corporate hubs.
Will Strong, Michael Matchett, Molly Hunt, Jack Stamets and Madeline Warren of Cushman & Wakefield’s National Industrial Advisory Group – Mountain West procured the buyer and represented the seller, Mainspring. Kyle McGinley and Payton Kruidenier from Ross Brown Partners assisted in the transaction. Ross Brown Partners has been retained to continue leasing and managing the industrial portfolio.
"Investor demand for industrial properties in the Phoenix metro area has remained robust,” said Strong. "The Pima Center Small Bay Industrial Portfolio is a compelling investment opportunity, as it is strategically located, has experienced high occupancy and has strong potential for rental growth.”
Scottsdale's vibrant location offers immediate access to luxury resorts, golf courses and entertainment venues, enhancing its appeal to businesses. The area is surrounded by major corporate neighbors, highlighting its importance as a logistical and industrial hub. The Scottsdale submarket is one of the most supply-constrained markets due to high land costs and entitlement challenges, ensuring sustained tenant demand and minimal future competitive developments.
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