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Stonelake Capital Partners Buys 39k sf Industrial Facility in Phoenix

4/28/26

In a recent Phoenix industrial trade, Stonelake Capital Partners purchased 1450 East Buckeye Road, a fully leased, 39.4k sf industrial property in the city’s Sky Harbor submarket. It was sold by ViaWest Group and Walton Street Capital.

The property, featuring a modern industrial design, is 100% leased to Core & Main, who uses it as a key distribution hub for the company’s extensive piping division and operations. The building is equipped with ample loading doors, an efficient warehouse configuration, a large secured truck court and over one acre of excess yard designed to support large-scale distribution and logistics. The property’s infrastructure supports a range of industrial uses and offers flexibility for future tenant needs.

Located at 1450 East Buckeye Rd, the property benefits from direct access to major transportation routes including Interstate 10 and State Route 202, providing seamless connectivity to the greater Phoenix metro area and key logistics corridors. The infill location offers proximity to downtown Phoenix, Sky Harbor International Airport and a variety of commercial amenities such as restaurants and service providers. The site’s strategic position enables efficient freight movement and accessibility for employees and visitors, underscoring its value as a prime industrial asset within one of the region’s most active commercial hubs.

Phil Haenel, Will Strong, Foster Bundy and Paul Boyle of Cushman & Wakefield’s Phoenix Industrial Private Capital Group procured the buyer and represented the sellers in the transaction. The price was not disclosed.




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